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  2. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the " issuing bank ").

  3. Foreign transaction fees vs. currency conversion fees: What ...

    www.aol.com/finance/foreign-transaction-fees-vs...

    By paying in euros instead, you might only face your card’s standard currency conversion fee (1 percent) and foreign transaction fee (2 percent), adding just a few euros to your bill.

  4. Wire transfer - Wikipedia

    en.wikipedia.org/wiki/Wire_transfer

    In the United States, domestic wire transfers are governed by Federal Regulation J [7] and by Article 4A of the Uniform Commercial Code. [8] US wire transfers can be costly. In 2016, among the 15 largest retail banks, the average fee for an outgoing domestic wire was $25. Incoming domestic wire fees were about evenly split between $0 (free) and ...

  5. ATM usage fees - Wikipedia

    en.wikipedia.org/wiki/ATM_usage_fees

    Transferring money between two accounts in a same bank is mostly free (for some banks may incur a small charge of IRR 250) but between different banks costs from 5,000 to 39,600 (for amounts of 10,000 to 150,000,000) for instant transactions, IRR 2,000 to 25,000 for "Paya" transactions, and checking the account balance costs IRR 1,200 for other ...

  6. Fedwire - Wikipedia

    en.wikipedia.org/wiki/Fedwire

    Fees were now applicable to several services, including funds transfers and securities safekeeping. [7] Banks are charged a gross transfer fee of $0.82 for every transaction, however there is a three-tiered discount schedule, which results in actual transaction fees costing between $0.034 and $0.82 per transaction depending on transaction volume.

  7. Western Union, Wyclef Jean killing us softly with prepaid ...

    www.aol.com/news/2009-11-10-western-union-wyclef...

    Western Union (WU) is expanding into the business of prepaid debit and credit cards, and Wyclef Jean is selling them softly with his song and his star power. Jean, the Grammy-winning rapper and ...

  8. Western Union - Wikipedia

    en.wikipedia.org/wiki/Western_Union

    Western Union Telegraph Building, lithograph. The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, [3] the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph ...

  9. Wire signal - Wikipedia

    en.wikipedia.org/wiki/Wire_signal

    A wire signal is a brevity code used by telegraphers to save time and cost when sending long messages. The best-known code was the 92 Code adopted by Western Union in 1859. The code was designed to reduce bandwidth consumption over telegraph lines, thus speeding transmissions by utilizing a numerical code system for frequently used phrases.

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