Fuck These Wire Fees

[conv3rsion]

When it was 1 network it wasn't that big of a deal, now this is becoming ridiculous. I remember Brandon Adcock recommended a Charles Schwab Brokerage account, can anyone else speak to that or any alternatives? I'm ok with keeping 25k in or whatever the reasonable minimum is.

 

[Spliffic]

Ya I'm getting raped on fees too. Not only does the network take $20 off your wire, my bank also charges me $14 per incoming wire. So if you're being paid by 3 networks a week, do the math and you're getting bent over.

My bank wants me to keep $100K in my account in order to receive a $4 reduction in fees (i.e. $10 instead of $14). Pretty fucking retarded if you ask me. If I did 3 wires a week over a year, I would save a measly $576. Yet if I invest $100K at a low interest 1%, I would be way farther ahead. But obviously the bank makes a shittonne more than 1%. Fucking crooks.

 

[mailinatorm2]

For chase bank, you need 75K$ and you get free incoming wires...

 

[Chris R Motive]

We don't charge anything for weekly wires, we just eat the $30 bucks...... just a little FYI

 

[machinecontrol]

For chase bank, you need 75K$ and you get free incoming wires...

Yeah why the hell would you keep 75k in your checking account?

 

[FlatLine]

Why are you guys eating wire fees, are you out of the US?

I know some of the networks offer direct deposit but of course if you're out of the US I'm not sure you can get them.

 

[pstation]

ing, etrade, schwab all charge no fees for incoming wires. you might get dinged with international wires because they use intermediate banks however though.

 

[seolinker]

Out of US and especially not in western europe there are no direct deposits, only wires via swift mainly. But anyway you guys looks very cheap and funny if you complain about few dozens of bucks for gettin large payment fast.

 

[penguinbc]

Yeah why the hell would you keep 75k in your checking account?

hahahha

 

[AdHustler]

i dont get charged at all for incoming wires at HSBC

 

[Spliffic]

i dont get charged at all for incoming wires at HSBC

Do they ask you to maintain a min balance or do you have alot of investments w/HSBC?

 

[BigWill]

Be sure to write those fuckers off

 

[Sohan]

i dont get charged at all for incoming wires at HSBC

I've had nothing but grief from HSBC :/ all sorts of bs from them lol. Trying barclays next

 

[NormanNormal]

BoA is free with a deluxe account

 

[GrindHard]

Our wire fees are $12 for U.S affiliates and $20 for INTL. We also offer free ACH's.

 

[amanda11]

Nigga if you ballin' you just ask for checks. Then have a mountain of 25k checks on your dinner table.

 

[Refrozen]

Nigga if you ballin' you just ask for checks. Then have a mountain of 25k checks on your dinner table.

This, really. Keep your money supply so that you're a month delayed on your float, and just grab cheques. Depending on how much you're making, you'll feel better about not giving the bank all those free monies.

 

[AdHustler]

I've had nothing but grief from HSBC :/ all sorts of bs from them lol. Trying barclays next

Interesting....they treat me like a king. I guess it all depends on your local branch.

 

[AdHustler]

Our wire fees are $12 for U.S affiliates and $20 for INTL. We also offer free ACH's.

did anyone ask? nope...didnt think so.

 

[DigitalBuddha]

we don't charge for wires either. Also, if you have a chase premier account, you get 5 free incoming wire fees a month. I think you need to maintain $5Gs to upgrade for a premier account, so it's not much.