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"NWB commission charges" deducted from my job payment.

Thurrafork
Posts: 86 Forumite

Hello folks
I'm a freelancer.
I did a job a month or so ago for a company in London for which I invoiced £550.
When my money came through I received £543.
A day or so later I received a letter from Natwest informing me of this 'NWB commission charge' deducted.
This has something to do with the fact that for this particular job payment came from the company's office in Denmark. A job I had done for the company at the start of the year had payment processed by their London office and was not subject to this charge.
Is there anything I can do about this in future? I mean, if my pay is to be processed by Denmark again?
I just feel that if I invoice a certain amount for a job, I want to receive that amount.
I know there are two fairly immoveable mountains here - 'payment from other countries' and 'BANKS' - but I'm just wondering if there's anything I can do?
Thanks
I'm a freelancer.
I did a job a month or so ago for a company in London for which I invoiced £550.
When my money came through I received £543.
A day or so later I received a letter from Natwest informing me of this 'NWB commission charge' deducted.
This has something to do with the fact that for this particular job payment came from the company's office in Denmark. A job I had done for the company at the start of the year had payment processed by their London office and was not subject to this charge.
Is there anything I can do about this in future? I mean, if my pay is to be processed by Denmark again?
I just feel that if I invoice a certain amount for a job, I want to receive that amount.
I know there are two fairly immoveable mountains here - 'payment from other countries' and 'BANKS' - but I'm just wondering if there's anything I can do?
Thanks
0
Comments
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Looks like you've paid the set charge for receiving the money.
https://personal.natwest.com/personal/ways-to-bank/online-banking/do-more-with-online-banking/sending-money-abroad/Receiving-funds.htmlPayments up to £100 or currency equivalent are charged at £1. Payments for over £100 or currency equivalent are charged at £7 each.
Maybe add the charge onto your invoice in the future.I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
You can state that all future bank charges are paid by the Danish site so they add £7 to any future payments to you or you invoice them an extra £ to cover this.
Have you considered whether accepting card payments would work out cheaper for you?0 -
Move to a bank that doesn't charge this fee?0
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glider3560 wrote: »Move to a bank that doesn't charge this fee?
Which one doesn't charge a fee though - I mean a bricks and mortar one not just these app banks?0 -
jonesMUFCforever wrote: »Which one doesn't charge a fee though - I mean a bricks and mortar one not just these app banks?
Metro Bank and Nationwide are the first two that come to mind.0 -
glider3560 wrote: »Metro Bank and Nationwide are the first two that come to mind.
If you read these forums Nationwide being a building society and using a bank as agent for international payments - they would not be the first on my list.0
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