Fuck These Wire Fees
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Why did you bump a thread that's over a month old?
He was talking about Yousif/GrindHard.
Exactly. For the most part, networks will gladly eat the $ to overnight an affiliate check via FedEx as opposed to dealing with all the headaches that the banks cause on both sides.
Some networks use wire fees as a profit center - ie, those of you that are complaining about your affiliate network charging $20 - $35 bucks a week for wire is just extra margin for them.
Wow no 2+2=5 joke?
BMO. I pay $14 per incoming wire plus the $20 fee from the network. Some networks I do volume with waive the fees, but others don't so those payments are about $34 per wire. But the minimum I pay per wire is $14 which still adds up.
How much are your monthly fees at TD? I'm thinking about switching but I like being able to make real-time payments on my USD BMO Mastercard (one phone call to telephone banking and they can pay it off).
From what I remember, TD's USD Visa doesn't have rewards which was a major downside to using their credit cards for advertising.
Since I made that original post I've gotten almost all my primary networks on ACH, which is saving me a bunch.
We send out an insane amount of wires per week, it'd be way too costly for us to comp all the fees. We offer ACH as an alternative for people that don't want to pay the fee (it only costs us something like .15c) - but the turnaround is longer.
So when you do your taxes, how does your net +$20 show up anywhere anyway? you earned the amount that was deposited into your bank account...unless they go digging to where the transaction came from.
does this make sense?
im thinking all you need to do is claim the amount that hits your bank account
its proportional
youre sending an insane amount because you're earning an insane amount.
is company x who earns 10% what you do, better off when their wire fees are 10% of yours?
ryan eagle takes low margins like walmart.
plus everyone in ewa is on weeklies, probably including the pubs pushing jack.
The only downside about TD Bank is that they don't offer real-time payments to USD Credit Cards. So i decided to close down my account cuz they cant offer what I needed. And to make payments on USD BMO Mastercard..you dont even need to call in..You can pretty much go online and transfer the money into your credit card, and im pretty sure is real-time as well. Just an alternative to calling in ...
And BMO only charges $14 per wire. Which is pretty decent...
Man I've tried getting this setup, but these retards at BMO keep telling me conflicting information. For example, I have asked multiple times if they can attach my USD BMO MC to my BMO biz account and some say they can, some say they can't. Some tell me to call BMO Mastercard, some say I need to speak to my branch. I've done it all and finally gave up.
Who did you speak to to get this setup? I have an RM who is a complete ditzy idiot as well so I would have to go through another channel.
Glad someone brought this up..
I just contacted my financial advisor at Morgan Stanley Smith Barney and he said there are no incoming wire fees there.
Anyone else using them? I've had good service there generally so I'm assuming this'll be the same.
So I'll open another account there and establish a link to Wells Fargo (primary checking).. should save a couple hundred bucks a month. Solid.
I just contacted my financial advisor at Morgan Stanley Smith Barney and he said there are no incoming wire fees there.
Anyone else using them? I've had good service there generally so I'm assuming this'll be the same.
So I'll open another account there and establish a link to Wells Fargo (primary checking).. should save a couple hundred bucks a month. Solid.
