Bank of Baroda BOB inward remittance SWIFT/intermediary and other charges

[shashankverma]

Got an inward remittance to my BOB account.
Flat 30$ were deducted towards swift even after using BOB NY Branch as Correspondent Bank. CITI was automatically used as intermediary.






Hope this helps others make a decision.

 

[telescope]

Got an inward remittance to my BOB account.
Flat 30$ were deducted towards swift even after using BOB NY Branch as Correspondent Bank. CITI was automatically used as intermediary.
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Hope this helps others make a decision.

$30 is too much.

 

[shashankverma]

$30 is too much.

True, they used CITI as intermediary and CITI always charges 30$
Don’t know what is IOB using these days.

 

[telescope]

True, they used CITI as intermediary and CITI always charges 30$
Don’t know what is IOB using these days.

IOB might be using chase (not sure). Iob charges $10