Author Topic: Information for International Bank Wire  (Read 17315 times)

Offline Ergel

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Re: Information for International Bank Wire
« Reply #20 on: January 21, 2014, 06:00:39 PM »
Well, then I'd pay no additional fee. But that prompts another question:

Do banks normally charge a fair rate in converting, or are they like merchants and gouge?
The latter
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Offline Ergel

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Re: Information for International Bank Wire
« Reply #21 on: January 21, 2014, 06:02:41 PM »
IIRC Fidelity charges 1/2 to 1 percent depending on how much transferring. Was the best I found.
What country?
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Offline AJK

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Re: Information for International Bank Wire
« Reply #22 on: January 21, 2014, 06:04:06 PM »
Mamzers.

PM'd the country.
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Offline Ergel

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Re: Information for International Bank Wire
« Reply #23 on: January 21, 2014, 06:33:36 PM »
Mamzers.

PM'd the country.
If it's a significant amount there are companies which specialize in this stuff and can probably do it cheaper
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Offline pizzahut

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Re: Information for International Bank Wire
« Reply #24 on: May 04, 2014, 12:46:05 PM »
find a company similar to ozforex but for your local country. amazing rates and no fees over a certain amount.

Offline pizzahut

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Re: Information for International Bank Wire
« Reply #25 on: May 05, 2014, 07:17:24 AM »
I need to make an international bank wire (to Italy)
Do different banks offer different rates, and if so who should I use?
reading around people have suggested usforex

Offline YankyDoodle

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Re: Information for International Bank Wire
« Reply #26 on: July 02, 2014, 05:35:40 PM »
Somewhat related:

I want to transfer $$$ from Canada to USA. TD bank and USforex & others are about the best I've found and all seem to be about .93-.94. It seems like paypal is closer to .96 with no fees, has anyone ever tried paypal? Are there hidden fees that I'm missing? Any other suggestions?

Thanks!

Offline ilherman

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Re: Information for International Bank Wire
« Reply #27 on: July 21, 2014, 02:17:46 PM »
Someone in Canada sent me a wire of $2100 from his RBC Bank account to my TD Bank, however I only received $2080, what can be the issue? Both Banks claim that they did not charge a fee.
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Offline ilherman

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Re: Information for International Bank Wire
« Reply #28 on: July 21, 2014, 02:30:01 PM »
Someone in Canada sent me a wire of $2100 from his RBC Bank account to my TD Bank, however I only received $2080, what can be the issue? Both Banks claim that they did not charge a fee.
Update: The Bank claims that RBC used a intermediary bank and they took the $20, now RBC claims that my Bank used the  intermediary bank,  :o where can I know who is correct? Anyone?
You can say what you think when you think what you say.

Offline ilherman

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Re: Information for International Bank Wire
« Reply #29 on: July 21, 2014, 02:33:35 PM »
Update: The Bank claims that RBC used a intermediary bank and they took the $20, now RBC claims that my Bank used the  intermediary bank,  :o where can I know who is correct? Anyone?
Here is the letter I got, if it helps. You can see that someone used Chase as a intermediary bank.
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Offline YankyDoodle

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Re: Information for International Bank Wire
« Reply #30 on: July 22, 2014, 12:36:49 PM »
Someone in Canada sent me a wire of $2100 from his RBC Bank account to my TD Bank, however I only received $2080, what can be the issue? Both Banks claim that they did not charge a fee.
They sent $2100 CAD into TD Bank USA for $2080 USD?

Offline ilherman

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Re: Information for International Bank Wire
« Reply #31 on: July 22, 2014, 02:16:52 PM »
They sent $2100 CAD into TD Bank USA for $2080 USD?
No. Everything USD.
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Offline Jkhein

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Re: Information for International Bank Wire
« Reply #32 on: July 17, 2019, 03:48:27 PM »
Can anyone recommend a good international wire service with great rates for repeat large wire transfers? I guess ofx is one of them, what else is there?

Thanks

Offline ExGingi

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Re: Information for International Bank Wire
« Reply #33 on: July 17, 2019, 03:58:19 PM »
Can anyone recommend a good international wire service with great rates for repeat large wire transfers? I guess ofx is one of them, what else is there?

Thanks

If you're not doing currency conversion, and are sending wires to same recipients, Fidelity does it for free (on a personal account don't know about business). International wires require a form to be sent in, while domestic can be set up online. Once you have a recipient set up, domestic wires are done online, international require call in.
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Offline Jkhein

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Re: Information for International Bank Wire
« Reply #34 on: July 17, 2019, 05:41:34 PM »
If you're not doing currency conversion, and are sending wires to same recipients, Fidelity does it for free (on a personal account don't know about business). International wires require a form to be sent in, while domestic can be set up online. Once you have a recipient set up, domestic wires are done online, international require call in.
Itís coming from the UK to different accounts in the US

Offline LoLo

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Re: Information for International Bank Wire
« Reply #35 on: July 17, 2019, 05:50:44 PM »
Never used them, but check out https://transferwise.com/us/

Offline ExGingi

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Re: Information for International Bank Wire
« Reply #36 on: July 17, 2019, 07:29:32 PM »
Never used them, but check out https://transferwise.com/us/

I've used them once between Australia and US. More like ACH than wire. Pricing was best I could find. (I think they recently increased their pricing).
I've been waiting over 5 years with bated breath for someone to say that!
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