Fees for receiving foreign mlney

asdf_184
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Contributor

Hello All, I’ve been receiving various payments from overseas recently and I’m not sure how the fee system works for it. For example, I received £10.80, for which I paid a £0.78 fee on. I received £20.99 for which I paid a £1.33 fee on. Based on this, it would suggest something like 5.4% + 20p. Is this how the fee structure works? I’m looking to have less of a shock when receiving these payments, so if I understand what fees I will pay it’ll help! Thanks in advance. A

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