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 International bank transfers 
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Comment King
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Joined: Mon Mar 19, 2007 5:51 pm
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Location: NY,NY
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Post International bank transfers
Does anyone know a cheap way to do them? My bank charges $45!


Mon Feb 16, 2009 8:06 am
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Side Dealer
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Joined: Tue Dec 18, 2007 6:04 pm
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Location: Austin, TX
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Post Re: International bank transfers
Citibank charged me $30. Anywhere between $30-$45 seems to be the going rate for most banks.


Mon Feb 16, 2009 8:15 am
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Toy Prince
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Joined: Tue Sep 23, 2008 2:44 am
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Location: London, UK
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Post Re: International bank transfers
Yep it's a big score of income so they charge the earth....if it's an option use Western Union if you have the BIC/IBAN and the SWIFT code of the receivers bank account.

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Mon Feb 16, 2009 8:43 am
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Joined: Fri Nov 25, 2005 10:41 pm
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Post Re: International bank transfers
You may want to look into an international postal money order if your seller accepts it, it may be cheaper.


Mon Feb 16, 2009 9:17 am
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Joined: Mon May 05, 2008 9:20 am
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Post Re: International bank transfers
I think this is a consistent charge within every institution--WaMu charges the same range of rates.


Mon Feb 16, 2009 10:42 am
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Toy Prince
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Post Re: International bank transfers
Of course the actual cost to the bank is about $3-7...rest is pure profit which is why a lot of foreign workers use Western Union and Paypal to send money back home because even standard interbank remittances are over priced.

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Tue Feb 17, 2009 4:58 am
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Joined: Wed Oct 18, 2006 4:49 am
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Location: Australia
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Post Re: International bank transfers
I get charged $30 AUD in Australia. It's cheaper ($20) per transfer if I sign up and do it online when I want.


Tue Feb 17, 2009 5:48 am
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