Quote:
Originally Posted by complexion
Sorry for my ( most likely ) stupid question, but is there any benefit to choosing a check instead of a bank wire? I see a lot of people ITT requesting checks and I just want to make sure I dont do something bad before I request my wire cashout.
Thank you
I've been screwed by mystery fees from "intermediate banks" during wire transfers before. These were not fees from my bank, as I get free incoming wire transfers. Also, many banks do charge for incoming wires.
At the same time, many banks now charge foreign collection fees for northern checks, so it all depends on your banking options.