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Author Topic: International transfers and intermediary bank charges  (Read 178 times)
jeffytune (OP)
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June 14, 2017, 02:06:31 AM
 #1

Do intermediary bank has any charges which are not mentioned on exchange because they only mention their own deposit fee only?
bonooll
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June 14, 2017, 02:26:41 AM
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via SWIFT, yes there will probably be charges by intermediary banks. and neither exchanges nor you can know the exactly amount. only if you use "OUR" as transfer fee pattern. then you can know how much the total transfer fees will be.
jeffytune (OP)
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June 14, 2017, 02:41:38 AM
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via SWIFT, yes there will probably be charges by intermediary banks. and neither exchanges nor you can know the exactly amount. only if you use "OUR" as transfer fee pattern. then you can know how much the total transfer fees will be.

Is there any amount slabs also exist?

Because for couple of less amount deposits no fee is charged but for bit high amount it's charged.
bonooll
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June 14, 2017, 03:07:27 AM
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i think this is totally depending on the intermediary bank. you can specify your desired intermediary bank when you make the transfer otherwise your bank will select based on SWIFT system's recommendation or the one they usually corporate.
AT101ET
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June 14, 2017, 06:19:49 AM
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Most international wires/transfers (SWIFT) charge a fee. I'm not entirely sure what the fee is as it double he different for each bank. Here in the U.K. I pay about £25 on top of every transaction (in addition to the poor currency conversion rates) for each international transfer. It's pretty extreme but that's what my bank charge.
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