Hi all, besides my troubles with Vivacom (see my other topic), I'm also struggling to understand the way bank fees work in this country.
I have a bank account at DSK bank in Eur. I made a few transfers, and the fees the bank applies are killing me. First, you need to know that I regularly need to transfer money to EU bank accounts in Eur.
When making transfers, different options are available : SWIFT, TARGET 2, BISERA 7.
Here are my conclusions :
- Transfers from DSK account to another DSK account costs 3€ whatever the destination currency is.
- SWIFT costs 20€
- TARGET 2 costs 50€ !!!
- BISERA 7 : I don't know, not tried yet
Now you could tell me I should have consulted fees before trying those options, but I didn't find anything in English or understandable content.
Question : I think DSK is a good bank, but how to transfer money with fees as low as possible (Eur, Leva, to Bulgaria or other EU countries) ?