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Bank Wire Transfer Fees

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  • #16

    Wow. These rates seem high to me.

    At my bank, incoming transfers are no charge and outgoing domestic transfers are $12.

    Another reason I avoid the mega-banks like Chase, Citi, etc.


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    • #17
      Hey Poundwise,

      Which bank do you use? I am looking for one that doesn't charge for incoming foreign wire transfers and doesn't
      require a large deposit for checking or savings (no fee). I want to set up an account just to receive $$ from
      my company that pays me by wire transfer several times a month. Right now I am paying 60.00 a month for 4
      15 dollar transfers! It really adds up.

      Anyone have any info that would be helpful?

      Thanks!

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