Some additional information in one line

Is your bank charging you too much for international payments? We’ve compiled all fee information for you at the top banks in the US and Canada so you can find out.

Banks charge fees for both sending wire payments and receiving them. You may be charged additional fees by your bank depending on your specific needs.

Some banks charge additional fees for advice and service, so it’s best to come prepared with everything you need to make an international wire if you want to avoid incurring these fees.

US Bank Sending Fees Receiving Fees
Bank of America $35 $15
Chase Bank $40 $15
PNC $45 $15
US Bank $50 $20
Wells Fargo $45 $15
Citiank $45 $15
Canadian Bank Sending Fees Receiving Fees
TD Canada Trust $30 $17.50
RBC $20 $15
Scotiabank $20 $15
BMO $15-$125 n.a.
CIBC $30 $15
Tangerine Not supported n.a.


Feel like you’re being ripped off? Online payments are a cheaper and more efficient option. Competitive rates and a flat fee of $9.99 make Plooto a great option.

 

CHAPTERS

00  Best Way to Send International Payments: Stress-Free and Low Cost

01  Things to Consider When Making International Payments

02  An International Payment Solution in the New Digital Norm

03  International Payments, Is Your Bank Charging Too Much?

04  International Payment Fee Comparison

Recommended Posts

Trending Posts

Why Are Cash Flow Statements Important for Business?
Your Guide to Electronic Funds Transfer (EFT) Payments
Accounts Receivables vs. Accounts Payables: What’s the Difference?
Everything You Need to Know About Online Payments
How to Start a Small Business
Accounts Receivable Revenue and Assets Explained
12 Accounting Innovations CFOs Cannot Afford to Live Without
Payment Approval Workflows that Increase Business Efficiency
How Generative AI Can Take Finance and Accounting to a New Level
Get paid faster by accepting credit cards