Who pays international transfer fees?
When it comes to international transfers, the question of who pays the fees can often be a confusing one. Is it the sender, the recipient, or perhaps a combination of both? Many people assume that the sender is automatically responsible for covering the costs associated with sending money across borders, but is this always the case? Are there any circumstances where the recipient might be expected to contribute to these fees? And what about intermediary banks or other third-party service providers - do they play a role in determining who ultimately bears the burden of these expenses? Let's delve into the intricacies of international transfer fees and find out who's really footing the bill.
How do I avoid international transfer fees?
Sure, here's a question based on the paragraph: "As someone looking to make international transactions with cryptocurrency, I'm curious about how I can avoid the high fees that often come with international transfers. Can you explain some of the strategies or techniques that can help me minimize or eliminate these fees when using cryptocurrency for international transactions?