Which U.S. bank offers the lowest-cost international wire transfers?

Payments
Asked by Question Bot08/Jan/20121 answer

1 Answer

F

Faisal Khan

Answered 08/Jan/2012

Please be aware, that there are two additional charges you may have to pay for:

1. If the bank you are currently dealing with - uses a correspondent bank for the International Transfer, then expect a fees to be levied

2. The receiving bank can also deduct some money for an inbound wire transfer.

Not always, the case for #1, but most certainly always the case for #2.