Author

Topic: International transfers and intermediary bank charges (Read 178 times)

legendary
Activity: 3066
Merit: 1348
Most international wires/transfers (SWIFT) charge a fee. I'm not entirely sure what the fee is as it double he different for each bank. Here in the U.K. I pay about £25 on top of every transaction (in addition to the poor currency conversion rates) for each international transfer. It's pretty extreme but that's what my bank charge.
member
Activity: 102
Merit: 10
i think this is totally depending on the intermediary bank. you can specify your desired intermediary bank when you make the transfer otherwise your bank will select based on SWIFT system's recommendation or the one they usually corporate.
full member
Activity: 140
Merit: 100
Peace not piece.
via SWIFT, yes there will probably be charges by intermediary banks. and neither exchanges nor you can know the exactly amount. only if you use "OUR" as transfer fee pattern. then you can know how much the total transfer fees will be.

Is there any amount slabs also exist?

Because for couple of less amount deposits no fee is charged but for bit high amount it's charged.
member
Activity: 102
Merit: 10
via SWIFT, yes there will probably be charges by intermediary banks. and neither exchanges nor you can know the exactly amount. only if you use "OUR" as transfer fee pattern. then you can know how much the total transfer fees will be.
full member
Activity: 140
Merit: 100
Peace not piece.
Do intermediary bank has any charges which are not mentioned on exchange because they only mention their own deposit fee only?
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