Hello Everyone, 🙂
When transferring funds to Thailand and selecting the "OUR" option, I encounter these charges:
My bank transfer fees: USD 12
Correspondent Bank charges: USD31
TOTAL cost to transfer funds to Thailand: USD43
Is it correct to assume that there is a markup fee on Correspondent bank charges? If so, would it be more cost-effective for me to choose either the "Shared" or "Ben" option instead of "OUR"? Or it does not really make any difference at all?
Please note that I do not have access to Wise or Revolut.
Thank you for your help!