Author Topic: Accounts with fee free international incoming wire  (Read 5855 times)

Offline Jkhein

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Accounts with fee free international incoming wire
« on: March 11, 2012, 04:16:28 AM »
Anyone know of any bank account that allow free incoming wires from abroad? Perhaps an online account or accounts with a certain amount of money?
Thanks.

Offline aussiebochur

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Re: Accounts with fee free international incoming wire
« Reply #1 on: March 11, 2012, 04:40:07 AM »
USAA.

Offline scwam

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Re: Accounts with fee free international incoming wire
« Reply #2 on: March 11, 2012, 06:00:40 AM »
It's not so much the recieving bank that you should be concerned about charging a fee. They are easy to find to recieve money for free. It's the interbank who processes the money when it moves over oceans is what you should try to find in determining those fees. They typically skim their money right off the top while your bank naively tells you "no fee to recieve money".

Offline Drago

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Re: Accounts with fee free international incoming wire
« Reply #3 on: March 11, 2012, 07:37:33 AM »
It's not so much the recieving bank that you should be concerned about charging a fee. They are easy to find to recieve money for free. It's the interbank who processes the money when it moves over oceans is what you should try to find in determining those fees. They typically skim their money right off the top while your bank naively tells you "no fee to recieve money".
How do you determine what those costs will be?

Offline Jkhein

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Re: Accounts with fee free international incoming wire
« Reply #4 on: March 11, 2012, 08:10:53 AM »
They are easy to find to recieve money for free
Ok so would you mind helping me out? The other fees Im not worried about, as the sender has no problem, its a company. 

Offline meshugener

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Re: Accounts with fee free international incoming wire
« Reply #5 on: March 11, 2012, 09:06:38 AM »
Follow my instructions: open a Capital One Business Escrow account, then create the feature they're calling "Treasury Optimizer" which should be associate with the escrow account, and you'll have free incoming, outgoing, domestic and intentional wire transfers. All for free.
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Offline Side incomer

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Re: Accounts with fee free international incoming wire
« Reply #6 on: March 11, 2012, 09:16:00 AM »
Follow my instructions: open a Capital One Business Escrow account, then create the feature they're calling "Treasury Optimizer" which should be associate with the escrow account, and you'll have free incoming, outgoing, domestic and intentional wire transfers. All for free.
And the account itself is free?
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Offline meshugener

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Re: Accounts with fee free international incoming wire
« Reply #7 on: March 11, 2012, 09:40:10 AM »
Yes
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Offline Side incomer

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Re: Accounts with fee free international incoming wire
« Reply #8 on: March 11, 2012, 10:03:07 AM »
Side income is the most solid income... בדוק ומנוסה

Offline meshugener

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Re: Accounts with fee free international incoming wire
« Reply #9 on: March 11, 2012, 11:42:30 AM »
Nothing special to highlight. It is as simple as I wrote.
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Offline interested

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Re: Accounts with fee free international incoming wire
« Reply #10 on: March 11, 2012, 12:23:49 PM »
tdameritrade

Offline scwam

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Re: Accounts with fee free international incoming wire
« Reply #11 on: March 11, 2012, 01:20:03 PM »
How do you determine what those costs will be?

You cant really determine the cost of what the interbank is gone to sift off. You'd have to find out exactly who will be handling the money between the 2 banks and call them. If you get lucky it may be only $15. Local credit unions typically don't charge to receive, but you'll still have dicks in the middle like Melon Bank of NY putting their hands in your honey.

Offline AsherO

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Re: Accounts with fee free international incoming wire
« Reply #12 on: March 12, 2012, 10:19:26 AM »
First Republic offers free incoming wires. They also have other nifty features, like free international ATM withdrawls and otherr stuff, browse their site for more details.
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Offline creditor

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Re: Re: Accounts with fee free international incoming wire
« Reply #13 on: March 12, 2012, 11:12:24 AM »
First Republic offers free incoming wires. They also have other nifty features, like free international ATM withdrawls and otherr stuff, browse their site for more details.
and the account fee ?
I'm just say'in©®

Offline AsherO

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Re: Accounts with fee free international incoming wire
« Reply #14 on: March 12, 2012, 02:41:39 PM »
and the account fee ?

I already said:

First Republic offers free incoming wires. They also have other nifty features, like free international ATM withdrawls and otherr stuff, browse their site for more details.
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Offline meshugener

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Re: Accounts with fee free international incoming wire
« Reply #15 on: March 12, 2012, 02:45:08 PM »
He's asking if there's a monthly maintenance fee for just keeping the account open.
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Offline Side incomer

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Re: Accounts with fee free international incoming wire
« Reply #16 on: March 12, 2012, 02:51:38 PM »
He's asking if there's a monthly maintenance fee for just keeping the account open.
And that's exactly what he is answering, that you should browse the site for the account details.
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Offline AsherO

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Re: Accounts with fee free international incoming wire
« Reply #17 on: March 12, 2012, 02:53:39 PM »
He's asking if there's a monthly maintenance fee for just keeping the account open.

I understood what he's asking and I directed him to the site. They have various account options and he can research for himself which one best fits his need.
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Offline myb821

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Re: Accounts with fee free international incoming wire
« Reply #18 on: March 12, 2012, 02:59:00 PM »
First Republic offers free incoming wires. They also have other nifty features, like free international ATM withdrawls and otherr stuff, browse their site for more details.
hard pull?
« Last Edit: March 12, 2012, 03:02:47 PM by myb821 »

Offline myb821

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Re: Accounts with fee free international incoming wire
« Reply #19 on: March 12, 2012, 03:05:38 PM »
also after browsing the sitte cant seem to find out if their are foreign exchange fees doesnt mention them anywhere