10 ms·
Wow, did not realize that banks also charge for receiving incoming wires, but most of the big guys charge around $15: https://www.nerdwallet.com/article/banking
by gnicholas 4y ago
Wow, did not realize that banks also charge for receiving incoming wires, but most of the big guys charge around $15: https://www.nerdwallet.com/article/banking/wire-transfers-what-banks-charge https://www.nerdwallet.com/article/banking/wire-transfers-wh...
- ok123456 4y agoAnd an additional fee it's it's 'overnight' and another fee if it's international. Then they do a three-way call between the parties and the banks to verify the transaction.
- gnicholas 4y agoReally? I've had wires come in over the years and never participated in a conference call.
- JumpCrisscross 4y ago> had wires come in over the years and never participated in a conference call Same. That said, if your transaction history is sketchy (e.g. large cash withdrawals following international wires) or the wire is coming from or going to a high-risk place, e.g. Russia or Turkey, your bank may opt to do this as an anti-fraud / anti-money laundering measure.