Quote:
Originally Posted by Victory1
Hey guys i have a small balance in my full tilt account. Its about $1000 only.
Hey guys. I spoke to PS and they said it cost nothing to withdraw from their end and to ask my bank about it. Well i contacted my bank and they tell me that it cost nothing for a wire transfer if it goes INTO my bank account. I asked but isn't there some intermediary bank account since it can't go directly from one institution to you. They said yes there is. They said it would first hit that bank and then hit my bank account. However, since my account is with them and NOT the intermediary bank, i would not be charged any fees whatsoever.
Have you by any chance heard of any bank that doesn't charge ANY fees for an incoming bank wire transfer even though they have to use an intermediary bank? They said even though it goes through an intermediary bank, it is free because i have a bank account with them and not an account with that intermediary bank.
Would a bank wire from full tilt be free as well? Is it possible to get a wire transfer for free? My bank tells me its free as long as the other institution who send it charges nothing and PS charges nothing. Also, i am looking at the full tilt bank wire information and it says the bank account that i send to has to be a CHECKING ACCOUNT? Has anyone done this with a savings account and it worked?
First, you definitely shouldn't be talking to your bank about receiving wires from a poker site. (your post was a little confusing but I think that's what you were saying?) That's a good way to get your account closed.
Regardless, even if your bank lets you receive wires for free, the wire is going to come through an intermediary site and they are going to charge you some random fee and there isn't anything you can do about that. It's just something you have to live with when using wires.
Also, I'm not sure if you're talking about FTP or PS wires. (you seem to mention both) but this thread relates to FTP wires. I don't know how PS stuff works.