IMT vs TT ($$$)
29 May 2005, 06:51 AM
#1
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IMT vs TT ($$$)
Bank Related Obviously.
I want to send some dosh overseas, but dont want to have the beneficiary amount deducted with bank fees at their end.
ie I do want to pay ALL fees up front.
Do I choose one method over the other ?
Are there any other differences ? Like cost or speed ?
Ta.
I want to send some dosh overseas, but dont want to have the beneficiary amount deducted with bank fees at their end.
ie I do want to pay ALL fees up front.
Do I choose one method over the other ?
Are there any other differences ? Like cost or speed ?
Ta.
31 May 2005, 09:46 AM
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Generally (depending on which bank you are using) the bank can inform you of the charges for doing the transfer and also the charges imposed by the corresponding bank (if any). If the beneficiarys bank deducts some charges then that is not your responsibility but the beneficiarys.
Hope that helps??
Hope that helps??