Articles

Wire Transfer Fees: What Banks Charge

How domestic and international wire costs stack up and when alternatives are better.

Back to Articles

Wire fees are often split across initiation, intermediary processing, and receiving institution policies.

Cost map

Total cost can exceed the sending fee because correspondent and recipient charges stack.

Cheaper routes

For non-urgent transfers, ACH or low-cost transfer platforms can materially reduce cost.

Takeaway

Use wires for speed-critical flows, not routine low-urgency transfers.