BajaNomad

Fee to receive wire transfer at HSBC ?

oladulce - 3-30-2014 at 07:12 AM

Anybody know how much HSBC Mx charges customers to receive a wire transfer? Need to pay someone and don't know how much to add for their wire transfer fee.

ncampion - 3-30-2014 at 07:56 AM

It's been my experience that the receiving bank has no fees, only the sending bank. No direct expeirence with HBSC however.

CaboMagic - 3-30-2014 at 09:12 AM

No experience w/HBSC any branch ..
Bancomer CSL main branch charged "us" USD $60 to receive an incoming wire regardless of the amount. We searched for and found alternative ways of transaction handling.
u2u me for more/additional info if desired. LG

BajaUtah - 3-30-2014 at 09:24 AM

I've done 5 or 6 over the last month. Banamex, Bancomer and Santander - no HSBC.

My credit union charges me the sender $25 USD per. The receiving bank charges me the sender $410 MxP per. The receivers tell me they are not charged additional on their end. There is no difference based on the amount transferred.

Just keep an eye on the transfer time. I've had 2 go through in 2 days and have had 3 take 10 days. No rhyme or reason.

mulegejim - 3-30-2014 at 11:19 AM

Quote:
Originally posted by oladulce
Anybody know how much HSBC Mx charges customers to receive a wire transfer? Need to pay someone and don't know how much to add for their wire transfer fee.


Any chance of doing an ACH (automated clearing house) transfer as those are free?

oladulce - 3-30-2014 at 02:12 PM

Thanks for the replies. I was going to compare all the payment options and fees with the various forms of transfer and see if the exchange rate was better going from Dollars to a peso account.

I decided to do an online 3rd party transfer from our Banamex peso acct to their HSBC peso acct, but of course the Bmex website wasn't working so I'll try again later.

Gracias

CaboMagic - 3-30-2014 at 04:12 PM

MoneyGram is an efficient and effective choice.
There are over 200,000 locations to send/receive to/from in Mexico.
Hope this helps.
http://global.moneygram.com/mx/en