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The time now is 01/09/09 - 20:12

How much are you cutting down on fees for with wire transfer?


RealCool.BIZ Forum Index -> Finance -> Banks and Banking

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kendal
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Joined: 19 Jul 2007
Posts: 7



PostPosted: 02/02/08 - 08:56    Post subject: Reply with quote

Hello, my friends. I would like to ask you. I will have to transfer some money. I am interested in how much one is cutting down on fees with wire transfer. I would really appreciate that info. It would be great if you knew the answer. Thanks in advance for your replies.
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finlay
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Joined: 11 May 2004
Posts: 3



PostPosted: 03/03/08 - 02:39    Post subject: Reply with quote

Hi. Wire transfer is very popular way of money transferring. Funds are transferred from one entity to another. One of the largest wire transfer companies in the world is Western Union. People, who send money through them, don’t need to have an account. The money is transferred to the central system and from there to the final recipient and nearby WU office. This way of money transfer is good because it will cut down bank fees and long clearing times that refer to checks depositing in banks. I hope I’ve helped you a little. I am glad I could help you. Don’t hesitate to ask me anything more. Bye!
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