Author Topic: Information for International Bank Wire  (Read 16087 times)

Offline ari2955

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Re: Information for International Bank Wire
« Reply #15 on: July 21, 2013, 11:43:07 AM »
I need to make an international bank wire (to Italy)
Do different banks offer different rates, and if so who should I use?

Offline AsherO

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Re: Information for International Bank Wire
« Reply #16 on: July 21, 2013, 06:49:23 PM »
I need to make an international bank wire (to Italy)
Do different banks offer different rates, and if so who should I use?

With a bank you should get the bank rate (similar for all banks IME), but pay fees. Compare to rate (no fees) at xetrade.com and hifx.com
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Offline AJK

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Re: Information for International Bank Wire
« Reply #17 on: January 21, 2014, 05:53:36 PM »
Anyone know if I'd pay any ForEx fees (in addition to the wire fee) for receiving an international wire using Chase?
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Offline Ergel

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Re: Information for International Bank Wire
« Reply #18 on: January 21, 2014, 05:58:27 PM »
Anyone know if I'd pay any ForEx fees (in addition to the wire fee) for receiving an international wire using Chase?
Depends if the sending bank does the exchange before sending which I'm pretty sure it almost always does
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Offline AJK

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Re: Information for International Bank Wire
« Reply #19 on: January 21, 2014, 06:00:14 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?
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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!

Online 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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Online 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?
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Online 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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