How much is the fee for Wire Transfer usually? (Scotia Bank)

j@cko

Diamond Member
Feb 13, 2000
3,814
0
0
I am thinking to wire transfer the money to the seller of a CPU. Which is way faster than MO, but I am wondering what is the fee like for the service?
 

Evadman

Administrator Emeritus<br>Elite Member
Feb 18, 2001
30,990
5
81
Sometimes none, sometimes a few bucks. The most I ever paid was $15 to send $50 to canada via Western Union. your bank probably charges a buck or 2 to another account.
 

Maverick

Diamond Member
Jun 14, 2000
5,900
0
76
from what I've heard its a lot...like a minimum of a $30-50 fee. Wire transfers are usually LARGE transactions in the thousands of dollars. Most of the time they happen between companies that do them so often that the bank gives them a large discount. They're too expensive to be useful for the average person.

edit: Western Union is cheaper than going through your regular bank. But the thing is the person receiving this money has to have a western union nearby to get the money.
 

Soulflare

Golden Member
Apr 16, 2000
1,801
0
0
Don't know about Scotia Bank, but TD Canada Trust charged me mayble $5-10 to
transfer about $200 Cdn. to some guy in France (however, this was a while ago
before the merger).
 

bunker

Lifer
Apr 23, 2001
10,572
0
71
I've done wire transfers from two different banks. One was $12 a pop and the other was $15