Foreign
Jan 24, 2011, 12:30 PM
Hello,
I sold a piece of land in Greece. I received 174,000 euros from the sale. When my attorney wired the funds, into my account, in the States, I received 257 euros less. I tried to find out the bank charges, but I am having trouble getting information from the banks. Do foreign banks charge that much in fees to wire funds?
For next time, when I sell another piece of land should I have the foreign bank convert the euros into dollars before they wire the funds or should I just have them wire euros? What is the best deal?
Thank you
I sold a piece of land in Greece. I received 174,000 euros from the sale. When my attorney wired the funds, into my account, in the States, I received 257 euros less. I tried to find out the bank charges, but I am having trouble getting information from the banks. Do foreign banks charge that much in fees to wire funds?
For next time, when I sell another piece of land should I have the foreign bank convert the euros into dollars before they wire the funds or should I just have them wire euros? What is the best deal?
Thank you