ISBP- Latest version

Dear All,

I have some queries below, pls help me to make clear.

Regarding Telegraphic Transfer - T/T, I would like to know about remittance charges- according to ISBP- Latest version, who will cover remittance charges?

Thanks so much in advance for your help.

Regards,

Thang.

 

It's common practice to collect such charges from beneficiaries

Issuing bank usually (and if not stipulated differently elsewhere) is not bound to make a tt-payment.

At a first glance, I didn't find such a regulation in ISBP. Which article did you think of?

-Each long journey starts with a small step-

Best regards

Frammi

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ISBP 645

Hi Thang,

please quote point no. of ISBP 645 relative to remittance costs.

Ciao