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The fees are usually hidden in the exchange rate that favors the bank
by elcomet 8y ago
The fees are usually hidden in the exchange rate that favors the bank
- nkkollaw 8y agoI would risk saying "always".
- sokoloff 8y agoNot in a domestic (USD) transfer...
- elcomet 8y agoYeah of course, but we are talking about international transfer here (that's where transferwise is useful)
- sokoloff 8y agoAre we? I replied to ggggp’s comment on fees “low transaction fees (e.g. 1 USD for domestic US transfers” with my own experience specifically on domestic wires.
- elcomet 8y agoYou're right, sorry about this. My bank doesn't charge me either for domestic wire transfers (under a certain amount)