Re: BUSINESS: banking fees for international wire transfer
- My account is actually with Raiffeisen (who are Austrian) and they
charge 1% or a minimum of 500 CZK for processing cheques.
As I said the problem here was with the bank in Ireland, who charged
me a whopping 1800 CZK for processing the cheque and then didn't
honour it because the issuer (who is also a friend of mine) had failed
to observe some technicality.
Of course, if he rings the bank and tells them to honour the cheque, I
shall be charged the same processing fee once more. It's not for
nothing that they call my country "rip-off Ireland" and by all
accounts Irish banks are the worst offenders in this regard :-(
--- In Czechlist@yahoogroups.com, Martin Janda <martinjanda@...> wrote:
> That IS weird. My Komercni banka asks for 1% of the transacted amount
> (with a minimum of CZK 100, I believe) for cashing a check. For a wire,
> I would pay CZK 225 if the client sends Euros (even UK clients can do
> that) and checks the EuroPayment checkbox on their bank form. So the
> check is cheaper than wire for small amounts, at least in Komercni, but
> I can understand this can vary from a bank to bank.
> Coilin, if you want to frequently receive Euro amounts, you can set up
> an account with a bank in Germany or Austria, close to Czech borders.
> Then you would pay something close to nothing for these transactions...
> And you can spend the money using a bank card without ever going to the
> bank (except the setup visit of course).
> Coilin wrote:
> 3d. Re: BUSINESS: banking fees for international wire transfer from the
> Posted by: "James Kirchner" jpklists@... kirchnerjk Date: Wed
> Nov 8, 2006 7:06 pm ((PST)) On Nov 8, 2006, at 6:06 PM, coilinoc wrote:
> > > What ever you do don't ask for a cheque, as their fees are way
> > > reecently wrote a short article for a Dublin magazine. My
> > > 75 EUR and they sent a cheque. The processing charges for the cheque
> > > amounted to 73 EUR