March 16, 2007 at 3:06 pm
#730984
Inactive
Ecocard charges $10 for withdrawal. The bank making the wire transfer DEDUCTS $20 from the amount of the transfer. If your bank charges you for INCOMING wire transfers, find another bank.
Example: You have $110 in your ecocard account.
You transfer $100 for wire withdrawal. Your ecocard balance will then be 0. Five business days later, your bank account receives $80 from the sending bank.
Total cost to you: $30.
Its as simple as that.
BobMcD
Money Makes the World Go Round!