Hi everyone,
I have recently sold a few shares from one of my previous companies.
Merchant: E* trade from Morgan Stanley
Amount: about $12k
Receiving bank: HDFC
Wire transfer charges: $25
While doing wire transfer, if I select the option to transfer in INR, I see a prompt stating that additional 3% will be charged. But if I select USD, there's no such prompt. I am aware of the fact that similar charges will be there. Probably HDFC will levy the charges, but I'm not sure how much.
Please help me choose an option: USD or INR while doing wire transfer.
I have recently sold a few shares from one of my previous companies.
Merchant: E* trade from Morgan Stanley
Amount: about $12k
Receiving bank: HDFC
Wire transfer charges: $25
While doing wire transfer, if I select the option to transfer in INR, I see a prompt stating that additional 3% will be charged. But if I select USD, there's no such prompt. I am aware of the fact that similar charges will be there. Probably HDFC will levy the charges, but I'm not sure how much.
Please help me choose an option: USD or INR while doing wire transfer.