Incoming wires yes. Are outgoing free too? I read that they are $15 here:No fee for international wires and where all other banks take 2-5 business days they take 1-6h
I'm an old international customer and have to pay zero.Can't tell if everyone has the same conditions.Incoming wires yes. Are outgoing free too? I read that they are $15 here:
https://wise.com/us/blog/international-transfer-charles-schwab-us
Strange their websites says $15 with 3 free domestic outgoing if you have over 100k per quarter
https://www.schwab.com/resource/charles-schwab-pricing-guide-for-individual-investorsOn Reddit they cousin it to be free too
Are you writing USD or they convert it for you? Some banks offer it for free or less if they get the Forex margin.
Thank you, that was of help to understand why.It was once on some digital nomad blog:
https://www.google.com/search?q=best+bank+accounts+for+nomads+schwab
The main reason to open is that they refund third-party withdrawal fees. You probably save $30 per year, depending on where you live. There are a few countries which do not have free ATMs. But in most countries, there are, you can just use those and save yourself the waste of time of 3 hours per year for maintaining an extra account.