On Fri, 2010-08-13 at 16:36 -0400, Alex Balashov wrote:
> On 08/13/2010 04:25 PM, Yaro Donchenko wrote:
> 
> > I did not see any banks that charges in US $50 for international wire.
> 
> I have, and I also have a bank that charges $25 for domestic wire, 
> making ACH a vastly superior option for domestic.
> 

I think that is intentional to steer people that way.  the ACH is run by
the federal reserve (where all interbank paper checks go to be settled
anyway) while wires may or may not be.

It is weird that there is a higher processing overhead for a paper check
(cheque to people on other continents) yet that incurs no cost whereas a
wire has much lower processing overhead and its often much more
expensive.  Almost like people in this country are being steered to use
the ACH system one way or the other.


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