The international transfer fee for National Bank is $5.95 per transfer.
When sending money abroad through National Bank, understanding the complete details of the transfer process can help ensure a smooth and efficient transaction for both the sender and the recipient.
International Transfer Cost
National Bank applies a clear and consistent fee for each international transfer initiated.
- Per Transfer Fee: A flat fee of $5.95 is charged for every international transfer you send, irrespective of the amount transferred within the set limits.
Important Details for International Transfers
Beyond the fee, several other factors are crucial to consider when planning your international remittances with National Bank.
Processing Time for Funds
The time it takes for your international transfer to be received by the recipient can vary.
- Recipient Receipt: Expect the funds to be received by the recipient within 1 to 5 business days after the transfer is initiated. This timeframe accounts for processing by both National Bank and the recipient's financial institution.
Transfer Limits
National Bank implements specific minimum and maximum limits for each international transfer to accommodate various needs while maintaining transaction security.
- Minimum Transfer Amount: Each international transfer must be for a minimum of $10.
- Maximum Transfer Amount: The maximum amount that can be sent in a single international transfer is $10,000.
To provide a quick overview of the key international transfer specifications at National Bank:
| Feature | Details |
|---|---|
| Transfer Fee | $5.95 per transfer |
| Minimum Transfer Amount | $10 |
| Maximum Transfer Amount | $10,000 |
| Processing Time | 1 to 5 business days for recipient to receive |
Being aware of these details ensures clarity and helps in managing expectations when utilizing National Bank's international transfer services.
