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Bank Transfer

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kitty1950 | 18:59 Tue 16th Mar 2010 | Business & Finance
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I want to buy something online from Amsterdam and the credit or debit card charge is 4%. I have the option of paying by bank transfer at no extra charge but I don't know what a bank transfer entails, it is explained when I have completed my transaction. I want to know what it is before I commit myself. Can anyone tell me what it is please. Thanks, Kath.
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You go to your bank with the details and they arrange the payment to the overseas bank account. Usually a flat fee of £20 or so so no good for small payments
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Thanks dzug, the 4% charge works out at £15 so I won't bother with the bank transfer, I was naively hoping it would be free. Thanks again, Kath.

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