separating myth from reality is not an easy task myth is in fact reality for many people to suggest another reality exists is to turn their world upside down but if the truth about alcoholism is ever to be understood the myths must be attacked and destroyed
They provide a fast way to send funds to an institution. One downside is the fees. Most all institutions charge fees for outgoing wire transfers, but many (especially the large banks) charge a fee for incoming. The fees for both incoming and outgoing wire transfers are going up at Wells Fargo and Citizens Bank. Credit for this information goes to Mary Morgan at Financial Shop Solutions. Starting in October Wells Fargo is increasing the domestic incoming wire transfers from $10 to $15. For domestic outgoing (non-repetitive), the fee is increasing from $20 to $30. As I mentioned in the previous post, Citizens Bank has slowly been increasing fees since 2010. This includes wire transfer fees.
Bank of America charges me $25 for an incoming wire transfer from the UK, not $16 unfortunately. I have confirmed with the Bank of America that the fee for the incoming international wire transfers is in fact $16 â not the $25 that you were charged.