guyver888
New Member
I am from UK and just received a weekly payment via wire transfer from my affiliate network based in China.
The payment was only around $200 and I noticed that $35 was deducted. If I knew the amount would have been that high then I would have built up the amount before requesting payment. My understanding is that there is a payment charge AND a beneficiary bank charge for receiving the payment and unsure if the network passed their part of the fee on to me too.
Is $35 an average fee for wire transfers?
How do you guys minimise your banking costs when receiving payments?
The payment was only around $200 and I noticed that $35 was deducted. If I knew the amount would have been that high then I would have built up the amount before requesting payment. My understanding is that there is a payment charge AND a beneficiary bank charge for receiving the payment and unsure if the network passed their part of the fee on to me too.
Is $35 an average fee for wire transfers?
How do you guys minimise your banking costs when receiving payments?