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bigluv 03-01-2013 08:45 AM

Small denomination international wire to netherlands info
 
Hey guys

I have to send a small amount of cash to the netherlands and the only option is by wire. Unfortunately I can't seem to get a straight answer from my bank or anyone else. The reason I'm asking is because various sources have told me different things.

To make sure $xx is received I think I need to overpay a certain amount in case of any deductions by intervening banks. That's on top of whatever fee I pay my own institution to send the wire.

How many euros/USD should I pad the transfer with to make sure my receiver gets the correct amount? And is this how it works?

thanks for the education


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