Wire bank transfer fees from the UK to Panama
Thread poster: María Teresa Taylor Oliver

María Teresa Taylor Oliver  Identity Verified
Panama
Local time: 22:01
English to Spanish
+ ...
Sep 21, 2005

Hello, dear ProZers.

I have a question specifically for British colleagues:

I need to know the rates for international bank wire transfers from the UK.

My problem is that, here in Panama, the only way I can receive money is either through a check or through a wire transfer. (I know, we're supposed to be an international banking center and we're waaay behind. No PayPal, no Moneybookers, no other form of e-money).

I did a job for a UK agency some months ago, and they sent me a check, but in British pounds, not dollars. So my bank charged me a fee for sending back the check and cashing it (I'm not exactly sure of the procedure), plus I had to wait more than a month for the funds to be available.

Now I'm thinking that maybe it's better to receive payment through a bank wire transfer instead of a check, but I have no idea if this would be more expensive, as opposed to being faster, of course.

I already asked my bank about their fee for receiving money and depositing it in my account. It's a fair amount. But I need to know how much will the UK bank(s) will charge the agency, which, in turn, will charge me (charge to recipient, I think it's called?).

Are wire bank transfer fees in the UK standard? Do they vary much?

Thanks a lot!


Direct link Reply with quote
 

Jesús Marín Mateos  Identity Verified
Local time: 04:01
English to Spanish
+ ...
Within the European Union... Sep 21, 2005

My bank charges me £20 everytime I transfer money to Spain and other European countries, I haven't got a clue about Panama but I guess much more than that.
Kind regards,
Jesus


Direct link Reply with quote
 


To report site rules violations or get help, contact a site moderator:


You can also contact site staff by submitting a support request »

Wire bank transfer fees from the UK to Panama

Advanced search







SDL MultiTerm 2017
Guarantee a unified, consistent and high-quality translation with terminology software by the industry leaders.

SDL MultiTerm 2017 allows translators to create one central location to store and manage multilingual terminology, and with SDL MultiTerm Extract 2017 you can automatically create term lists from your existing documentation to save time.

More info »
LSP.expert
You’re a freelance translator? LSP.expert helps you manage your daily translation jobs. It’s easy, fast and secure.

How about you start tracking translation jobs and sending invoices in minutes? You can also manage your clients and generate reports about your business activities. So you always keep a clear view on your planning, AND you get a free 30 day trial period!

More info »



All of ProZ.com
  • All of ProZ.com
  • Term search
  • Jobs