![]() ![]() The exact amount of the fee is unknown until it is actually processed as it may vary based on: the currency, policies of correspondent bank(s) involved, country and etc.Īs shown in the illustration below, funds sent from overseas account will go through an overseas intermediary bank before being passed on to a domestic intermediary bank. In principle, it will be borne by the recipient as it is deducted from your remittance amount. This is a processing fee often charged by intermediary banks. If the fund is transferred in foreign currency to the Japanese yen savings account, the fund will be converted into Japanese yen at the TTB rate mentioned above. The TTB Rate which is applied to currency conversion from foreign currencies to Japanese yen includes a foreign exchange fee. This is a foreign exchange transaction fee for currency conversions. This is a handling fee paid to the originating bank in overseas. Structure of making overseas fund transfers Therefore it may take several days for your funds to arrive in the beneficiary account. The exact amount of the fee is unknown until it is actually processed as it may vary based on: the currency, policies of correspondent bank(s) involved, country and etc.Īs shown in the illustration below, funds sent from your account will go through a domestic intermediary bank before being passed on to an overseas correspondent bank. ![]() This is a processing fee often charged by beneficiary and/or intermediary banks. ![]() The TTS rate which is applied to currency conversion from Japanese yen to a foreign currency includes a foreign exchange fee. This is a transaction fee for currency conversions. ![]() Overseas Fund Transfer (Electronic transfers) Fee The amount will vary depending on your account status and/or chosen channel. This is a handling fee paid to SMBC Trust Bank. ![]()
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