# Swift fee

Hi

just have a question…
Swift fee is 25\$ and my bank takes 11.40 EUR which is arround 12.70 USD so together around 38\$ somewere in there 12\$ got lost. Nothing special but still i want to know how and why and were?

Cheers

Actually 25\$ i got on my bank account 50\$ less and after that my bank took 11.40 eur

You might be confusing the commercial rate and the rate you actually get. If you put “100 USD to EUR” and it says 89.46, you’ll never actually get 89.46… unless you’re a bank, a government or are making a very large transfer. You’ll probably get 87.46 or something like that.

Its not about conversion rate, its about that envato states they take 25\$ my bank takes 13\$ were is the rest? Who took it, as far as i know any transfer provision must be stated somewhere. 25\$ went missing.

So lets say you’ve withdrawn \$1000 for ease of maths. Envato will send \$975 minus the \$25 fee. Are you saying that your bank is saying “we’ve received \$950 and now we’ll deduct our fee of \$13, so here is \$937”

It’s intermediate bank who takes some provision for conversion and /or fee for assistance.