Cost of wire transfer

I need to regularly pay someone in India. How much does it cost to do a wire transfer from a business account? Very approx amount please.

Jon

Reply to
Jon
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Probably under 20. Ask your bank.

Be aware that, contrary to popular belief, international wire transfers are nothing like instant. They take several days to arrive.

Reply to
dp

Can be speeded up hugely by getting the IBAN and BIC numbers of the receiving account, also reduces the cost of the transfer (not that a bank will volunteer that information)

Not sure about India but within EU I allow 48 hours if IBAN and BIC from my supplier are present. can be 5-7 days without.

Hope this helps

Andy

Reply to
me

Transfers to India are notoriously slow - sometimes taking weeks to get to beneficiary account.My advice is not to do regular small amounts but one or two larger ones a year. Typical costs range from 12-20. Eric

Reply to
Eric Jones

Lloyds TSB 13 from a standard account.

Marcus

Reply to
Marcus Fox

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