KaMoS
07-07-2011, 10:54 AM
Hi
I did some research on the costs to receive money in a foreign currency (WIRE transfer) with all four major banks. Here are the fees:
Nedbank
R2000 >
R68
R2000 <
R107.50 + 0.485%
Standard Bank
R130 + .45%
ABSA
R100 + 0.35%
FNB
R125 + 0.45%
The first amount is the minimum charge and the second is a percentage of the amount received that is charged over and above the minimum fee. I didn’t note the fee maximum as they were all ranged between R500 – R600.
Hope this helps, because I could find the information any on the internet.
I did some research on the costs to receive money in a foreign currency (WIRE transfer) with all four major banks. Here are the fees:
Nedbank
R2000 >
R68
R2000 <
R107.50 + 0.485%
Standard Bank
R130 + .45%
ABSA
R100 + 0.35%
FNB
R125 + 0.45%
The first amount is the minimum charge and the second is a percentage of the amount received that is charged over and above the minimum fee. I didn’t note the fee maximum as they were all ranged between R500 – R600.
Hope this helps, because I could find the information any on the internet.