Intermediate Bank Rip Off


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Posted by Rangi on Friday, 4. February 2005 at 09:09 Bali Time:

In Reply to: Transferring money to Balinese Bank acc. posted by Dave_n_Bec on Friday, 4. February 2005 at 09:00 Bali Time:

This always happens if the bank you are using in Australia or wherever doesn't have a direct association with the recipient bank in Indonesia. The Commonwealth obviously didn't, but one of the other Aust banks may - you can find out by ringing around. The answer is to use a bank with a direct link or get your Balinese people to open an account with the Commonwealth. There may well still be a deduction to credit the Bali account but it will be small.


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