Are there fees for receiving money from an international bank into an American b

  1. Global-Chica profile image95
    Global-Chicaposted 5 years ago

    Are there fees for receiving money from an international bank into an American bank acc?

    Specifically, I'd like to know - f you are transferring money from abroad to an American bank, do you have to pay any fees to receive the money in the American bank?

  2. Dark knight rides profile image74
    Dark knight ridesposted 5 years ago

    Generally yes, though it depends on the bank or transfer company you chose. Most banks charge a percentage of the amount transferred, typically 1 to 3%. Some online banks do not charge international customers if they have an account. It all depends on the institution. Many of them charge fees on both ends: both the initiating institution and the receiving may charge a percentage, so do your homework carefully.

    1. Global-Chica profile image95
      Global-Chicaposted 5 years agoin reply to this

      Thanks so much for the info.  I ended up calling my bank - Bank of America and found out that they just charge $12 per international transaction of any amount.

 
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