The transaction fees or service charges associated with a telegraphic transfer depend on whether you choose the sender or the beneficiary to bear the costs. For detailed information, please refer to the Corporate Banking Tariff on the bank's website.
Generally, intermediary banks and beneficiary banks may impose transaction fees or service charges, but this varies depending on the policies and terms of each bank. It is advisable to contact the intermediary and beneficiary banks before initiating the telegraphic transfer to inquire about the specific details regarding transaction fees, service charges, and any other related expenses.
