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Is there a charge to transfer money from the processing “correspondent” bank to the Merchants Bank?

April 26, 2017Bank charge correspondent merchant money transfer

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Is there a charge to transfer money from the processing “correspondent” bank to the Merchants Bank?

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Small charges may be made by the processing bank for this service. These charges vary from country to country and bank to bank. These charges will not apply if you are being paid in Sterling to a UK Bank Account.