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and the destination country.

Regulation and price

In general

Banks may charge fees for wire transfers. The exact fees vary widely depending on the type of payment and the type of bank accounts involved. In some jurisdictions the fees may be regulated or capped.

European Union

Since 2009 the European Union Regulation No 924/2009 controls cross-border payments in the European Union. In the new regulation Article 1 (q.v., Ref.4) states that an IBAN/BIC transfer

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