BFROtherNegotiable

Bank Fee / Telegraphic Transfer (TT) Charge

Bank charges for international wire transfers (TT) used to pay suppliers, freight forwarders, and other parties. Faced with SWIFT fees, intermediary bank charges, and currency conversion spreads.

Per Shipment
Category:Basic Shipping FeeChina Export Local ChargesDestination Import Charges
Applies to:
FCLLCLAirRailCourierRoadFBAAs Request
Typical Cost Range
$15$200
flat rate

Traditional bank TT: $20-$60 outgoing + $15-$40 intermediary fees. Total: $30-$200. Multi-currency platforms (Wise): $1-$5.

Who Pays?

Shipper (When CIF, DAP)
Consignee (When EXW, FOB)
Negotiability

Negotiable — discuss with your freight forwarder.

Bank fees are negotiable with relationship managers. Online banking FX transfers (Wise, Payoneer) are significantly cheaper - often 10-50x less than traditional bank TT.

Adjustment Frequency

MonthlyWeeklyFixed

Current rate reviewed: Per transaction

Chargeable Unit

Flat Rate

Formula / Calculation

BFR = Sending Bank Fee + Intermediary Bank Fees + Receiving Bank Fee + Currency Conversion Spread
bankingTTwire transferSWIFT

Frequently Asked Questions

Why does my TT transfer cost more than the bank said?
Intermediary/correspondent bank fees are deducted mid-transfer. Use banks with direct correspondent relationships to reduce this.