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SWIFTLY lost!
spid_mse
Posts: 3 Newbie
Can anyone explain who licks the icing off international SWIFT money transfers please; sterling to sterling, so no FOREX!?
My wife sent £7,000 from her UK Nationwide account to her her Standard Charter sterling account in South Korea. I repeat that that was sterling to sterling with no currency exchange required.
She paid an EXTRA £20 charge at source to NW so there was nothing to deduct from the £7,000. Her Korean bank only received £6,965. They made a separate receiving charge and thus the full £7,000 should have appeared on her statement has having been the incoming amount (before local charges). Both banks are adamant that they did not cream that missing £35 off the transaction; so what on earth might have happened to it please?
Is there a hidden middle-man that neither bank can account for?
My wife sent £7,000 from her UK Nationwide account to her her Standard Charter sterling account in South Korea. I repeat that that was sterling to sterling with no currency exchange required.
She paid an EXTRA £20 charge at source to NW so there was nothing to deduct from the £7,000. Her Korean bank only received £6,965. They made a separate receiving charge and thus the full £7,000 should have appeared on her statement has having been the incoming amount (before local charges). Both banks are adamant that they did not cream that missing £35 off the transaction; so what on earth might have happened to it please?
Is there a hidden middle-man that neither bank can account for?
0
Comments
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Nationwide use NatWest for international payments I think1
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I'm not sure if it's relevant, but Nationwide is NOT a bank, it's a building society.0
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