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Posts by ambermarlin11

3 posts shown.

Warren Buffett in Banking, Insurance & Loans ·
ironcyclist58 said:Using Revolut is free, but I’ve got no clue what Turkish banks are charging for incoming international SWIFT transfers from the United Kingdom.
Wise handles local payouts in Turkey through one of their partner banks there—so my guess is the receiving bank won't hit you with any incoming transfer fees—but on the Wise side, you're looking at $5.75 a flat fee plus 0.92% of the total if you're paying via bank transfer.

Thanks for the info! 😊
Warren Buffett in Banking, Insurance & Loans ·
ironcyclist58 said:You missed the most important part, though... which country are you actually sending the money to?

Turkey! 😂
Warren Buffett in Banking, Insurance & Loans ·
I need to wire some money to a private account abroad (outside the USA).
What’s the most cost-effective way to do this without getting eaten alive by fees?
I did a quick search and saw Wise, but then I stumbled upon this thread about Revolut.
The catch is, all I have right now is my local checking account in USD. 🙈😂 If anyone has a moment to share some advice or a better way, I would truly appreciate the help. 😶😓