Hello All!
I am curious to know how my peers in other companies handle international wire fee's. Currently our Latin American customers are paying invoices but not adding the wire fee to their bank deposits. Most Latin American banks add the fee and send the payment minus the wire fee which in turn short pays the invoice. Answering this question will greatly benefit me in an upcoming meeting. If you reply, please state if your business is international and if your company handles its own manufacturing and/or distribution. Thank you for your time.