What are the most affordable ways to do international bank or money transfers?
Banking
Asked by Question Bot01/Sep/20161 answer
1 Answer
F
Faisal Khan
Answered 01/Sep/2016
For US$ 500 Million (Dollar to Dollar transfer), your bank should be able to facilitate this transfer via SWIFT, would probably cost you under US$ 100 to do it. For a transaction of this size, it would be most likely run through direct settlement (bank-to-bank).
For US$ 500 Million (Dollar to Some-Other-Currency), pick up the phone and call up your bank's FX/Treasury department and find out what rate you are getting? Additionally call up folks like USForex and many other currency FX brokers and let them fight over your business.
For US$ 500 Million (Dollar to Some-Other-Currency), pick up the phone and call up your bank's FX/Treasury department and find out what rate you are getting? Additionally call up folks like USForex and many other currency FX brokers and let them fight over your business.