Can you tell me what’s the bank commission?
My last payment was $490, 2checkout’s wire transfer fee $10, and teh amount I’ve received on my bank account was another $20 less.
Can you advise concerning this $20 commission? It seems the amount depends on the amount of the transfer, can you provide me with the rates? I mean, something like “if your wire transfer is less than $300, the bank commission is $15, if it is more than $500, it is $20″ or something like this. Just to determine the best release level for my money withdrawal. Please 
I’ve already contacted my own bank and they told me this is the amount taken by the bank that transfers the money and they are unable to provide me with the exact rates of that commission.
Please
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Hello erzulie - I spoke with our Payments department and this is the information they provided.
You will want to contact your bank and ask them what their corresponding bank is. Once you know this you will need to find out what that corresponding banks swift code is. When you get this code run the 2Checkout banking wizard and add this code as your swift code. Once this is done the payment from us will use that swift code as the corresponding bank and you should not see any further fees when the money is transferred from your banks corresponding bank to your local bank account.
You might now be wondering how the corresponding bank will know where to send the payment when you change your swift code. This is known because the bank name with remain your local bank name and he corresponding bank will locate the correct account for his bank by the bank and address provided.
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joel 2CO Staff
Thank you!
Just to be sure I’m doing everything right. Please, advise
As I’ve understood, I need to REPLACE my own swiftcode (my bank’s swiftcode) with the swiftcode of the intermediary bank? Right? Let’s assume that my bank is MYBANK, and my intermediary bank is JP MORGAN CHASE BANK with its swiftcode CHASUS33
As I’ve understood, I need to modify details of my own beneficiary bank, located in my country and city, and to replace MYBANK SWIFTCODE with this one: CHASUS33 Is this correct?
I’m asking because there are details just below the lines “ayee Banking Information”, namely, “Corresponding Bank Information”, where it is written that “corresponding bank information is not required for all transfers. Unless you are specifically told by your financial institution to enter your corresponding bank information please leave this information blank”.
Just to be sure, as, probably to avoid this $20 payment I need to leave my banking details as it is, and to fill in the “Corresponding Bank Information”.
Please, kindly advise and thanks a lot for your assistance!
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“As I’ve understood, I need to modify details of my own beneficiary bank, located in my country and city, and to replace MYBANK SWIFTCODE with this one: CHASUS33 Is this correct?”
Yes, this is correct. Simply replace your current swift code with the intermediary bank swift code. That is the only change you need to make. You do not need to fill out the “Corresponding Bank Information” section in your case.
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joel
Thanks a lot! I’ve made all changes accordingly. Thank you for your really perfect service and assistance!
Regards,
Susane