Banks hide their fees by marking up the exchange rate for both incoming and outgoing wires without you knowing. In addition to the wire transfer fees, certain banks charge additional fees for international wire transfers. The True Cost of International Transactions However, the true cost of international wires is hidden. To find out how much your bank charges for wire transfers, click here for a list of banks and their wire transfer fees. International transfers tend to cost a lot more because they involve not only a US bank but also a wire processing system that connects a US bank to a foreign bank.įor businesses conducting high volume transactions, especially international transactions, these fees can pile up pretty quickly and can be detrimental to their profit margins. international fees.įor example, Bank of America charges $15 per domestic incoming transfers, $30 for domestic outgoing transfers, $16 per international incoming transfers, and $45 for international outgoing transfers in USD. ![]() On top of that, banks charge different prices for incoming vs. (To learn more about wire transfers, read our blog on B2B payments here!)ĭid you know that different banks charge different fees? Wire transfer is one of the most commonly-used transaction methods for B2B payments due to its domestic and international reach and fast transfer time. For these reasons, wire transfer fees tend to be higher than any other forms of money transfer. Wire transfer fees are fees that banks charge when you transfer money to a different bank account. Learn how to get cashback on bank wires with borderless > Learn key information about wire transfer fees and what your business can do to avoid them. Wire transfer fees, however, are not so friendly and can be detrimental to businesses. If you have any questions, please contact the FCC Revenue and Receivables Operations Group at transfer is one of the most popular methods for B2B payments due to its international reach and fast speed. Your most recently filed FCC Form 499-A Telecommunications Reporting Worksheet must also be mailed to the FCC. In this situation, your completed FCC Form 159-W Worksheet OR the pre-filled Form 159-W with corrected amounts must be mailed to the FCC. All supporting applications/filings for processing fees must be filed directly with the Secretary's Office.Īttn: Revenue & Receivables Operations Groupįorm 159-W Interstate Telephone Service Provider Worksheet FilingsĪdditional documentation must be mailed only if you disagree with the dollar amount on the Form 159-W bill that you received, or if you did not receive a Form 159-W. Please indicate on the Form 159 that you have paid by wire. Please refer to the Public Notices for a specific auction on the FCC Auctions website for Wire Transfer instructions for Auction Payments.Īdditional supporting documentation must be mailed to the FCC in the following situations: Manual Applications/Filings for all other servicesĪ copy of the FCC Form 159 must be attached to the application/filing package. If partial payment, “PAYPLAN” otherwise "BILLPAY"īILL NUMBER (if paying multiple bills numbers, include all bill numbers) You must submit remittance information online at if paying for more than 10 bills. These instructions apply only if you are not submitting remittance information online via the FCC’s Electronic Form 159 system. OBI Field: (Skip one space between each information item) (must go through the FCC’s Electronic Form 159 system)
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