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>In the US, you pay $16 to send a wire and $16 to receive a wire. This isn't true, each bank sets their own fees. It's true it's usually stupid expensive to se
by astura 7y ago
>In the US, you pay $16 to send a wire and $16 to receive a wire.
This isn't true, each bank sets their own fees. It's true it's usually stupid expensive to send one, but none of my main banks charge to receive a wire.
- mynameisvlad 7y agoI don't think any (major, credible) bank charges to receive a wire because like text messages, you have no control on getting wire transfers, and it would likely cost more to set up such a system than to just accept wires from anyone to any account.