Information for International Bank Wire

[Ergel]

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

[Ergel]

IIRC Fidelity charges 1/2 to 1 percent depending on how much transferring. Was the best I found.
What country?

[AJK]

Mamzers.

PM'd the country.

[Ergel]

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

[pizzahut]

find a company similar to ozforex but for your local country. amazing rates and no fees over a certain amount.

[pizzahut]

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

[YankyDoodle]

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!

[ilherman]

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.

[ilherman]

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,  where can I know who is correct? Anyone?

[ilherman]

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,  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.

[YankyDoodle]

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?

[ilherman]

They sent $2100 CAD into TD Bank USA for $2080 USD?

No. Everything USD.

[Jkhein]

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

[ExGingi]

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.

[Jkhein]

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.

It’s coming from the UK to different accounts in the US

[LoLo]

Never used them, but check out https://transferwise.com/us/

[ExGingi]

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).