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Transfers can be charged, and often are even within the same country. In Spain it is common to have "up to n monthly transfers for free, then you get charged x%
by kilburn 9y ago
Transfers can be charged, and often are even within the same country. In Spain it is common to have "up to n monthly transfers for free, then you get charged x%".
Also, I've received wrong payments on a German account from French people many times, and they claim it's because their bank charges the transaction and I receive the sent amount minus fees, with no possibilities for them to specify otherwise (that's happened with dozens of different clients, so I'm very inclined to believe them).
- distances 9y ago> bank charges the transaction and I receive the sent amount minus fees Sounds like horrible UX -- how would people be able to pay their bills correctly if the sent value doesn't equal the received value?
- kilburn 9y agoIt is really terrible. We currently solve it by charging them the missing amount via credit card when this happens.
- raverbashing 9y agoI agree Some banks allow you to specify it it's the receiver, the sender or if the fee should be split
- nicolas_t 9y agoAt least both of my banks in France don't charge me anything when doing wire transfer to other European countries. So, I'm not sure how prevalent that is.