I will be working for a company based in Europe. They will pay me monthly via an international wire transfer to my US-based bank account. I have just found out that my bank charges a whopping $50 per incoming wire transfer.

My question is - are there any other banks that offer FREE international transfers or lower fees? I have searched several web sites and have not found any information.

Thank you!

There are no US banks that I know of that don't charge fees for these types of wire transfers. You'll have to figure out another way to get paid if you don't want to pay $50 per wire transfer. They have charged the fees for international wire transfers for many years now. Nothing new.