Originally Posted by
xyz1945
What is the cost for a wire transfer as payment?
Um, I just finished a transaction with Ewasted and I chose direct deposit, from the time they issued the payment till the time I received it was less than 24hrs and they charge no fee, although some banks charge a $1.00 fee to receive it. Remember, direct deposit is significantly different than a wire transfer, with the exceptions of commercial wire transfer companies, wire-transfers take longer to clear and have a much higher fee, $20-$25 on average, depending on the bank. Some places give options for it to clear quickly but this almost always costs significantly more.
Thus, it is much more effecient to go the direct deposit route, no hold and a $1fee (I wasn't charged a fee). It is quick and easy.
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