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"Wire transfers usually have zero fees for the merchant, and usually low or zero fees for the purchaser"

Domestically? Sure.

Internationally? Ahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha.

To be fair - the main reference was inside the EU. And fees for international transfers inside the EU have been subject to regulations are are now generally close to zero. Different story for outside EU, though - absolutely agree!

As soon as you start getting x > Sepa transfers banks will drop you quickly, or sooner if anything goes wrong like a fraud xfer comes in, and you aren't a huge account worth the bank's trouble.

The author totally wrong.

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