I rarely do this kind of transfers and have not enough experience.
I'm supposed to pay higher 5 figures in EUR to business bank account in Mauritius (EUR account identified by IBAN using SWIFT) from some EMI like TW, Revo, Epayments, ...
As always I made a test payment of smaller amount from TW and got charged not only 0.63EUR by TW (sweet) but also 2.5% of the total amount by an intermediary bank (not TW and not the recipient bank) which is not only ridiculously high (maybe standard?, don't know) but also unpredictable and the recipient got less than expected which is really inconvenient.
Is there a way how to know all the fees in advance?
How can I make such a transfer with reasonable fee and not 2.5%?
I'm supposed to pay higher 5 figures in EUR to business bank account in Mauritius (EUR account identified by IBAN using SWIFT) from some EMI like TW, Revo, Epayments, ...
As always I made a test payment of smaller amount from TW and got charged not only 0.63EUR by TW (sweet) but also 2.5% of the total amount by an intermediary bank (not TW and not the recipient bank) which is not only ridiculously high (maybe standard?, don't know) but also unpredictable and the recipient got less than expected which is really inconvenient.
Is there a way how to know all the fees in advance?
How can I make such a transfer with reasonable fee and not 2.5%?