This is actually standard for any interntional wire transfer. Though they often are direct bank to bank, sometimes they get routed through third party banks, and you'll get hit with a fee. So the possibility of this situation exists for a wire coming from ANY of the poker sites.

Never heard of an intermediary bank swiping $100 though. Banks wouldn't use intermediary banks that were raping fees IMO

This is very common for banks to do this. FTP has no control over it. Where I used to work we did a lot of transfers. International wires are the worst.

Wow that sux. I just requested a wire transfer to my BOA account day b4 yesterday.
Hope I dont get hit with $37 in fees! Maybe FREE checks are still the way to go.

not that it should be, but this is pretty standard, your gripe is with the banking industry rather than the ftp I'd say.

 

Originally Posted by Rollover2k

not that it should be, but this is pretty standard, your gripe is with the banking industry rather than the ftp I'd say.

Standard or not. I've never done a bank wire to know if it's standard. So all I have to go off is the pop-up warning that FTP displays that thoroughly informs me of MY bank charging fees but NOTHING of some random unknown bank charging even more.
Had I known that I woulda just ordered a check. I pay enough rake as it is.
Im not in the business of passing out pieces of my hard earned money all over the place.

 

Originally Posted by freeway

Wire transfer or Echeck?? Didnt it use to be 10km min for wire transfers?? if so 25 aint shit and if its less why not just use echeck or paper check?? def not FTs fault

WIRE TRANSFER, not echeck. $250-5K
I used it cuz paper checks were bouncing, and cuz my echeck 2 months ago took a month to receive.

And this thread is titled WARNING for a reason. Im not bitchin as much as trying to give a warning to anybody that doesnt know about these additional fees as I did not and would have chosen another method if i had. So no other P5er needs to post "dude this is standard", if u already know then its not for you, keep it movin.

that sucks im guessing you got burned for 10% of your 250 cashout. echecks and checks working smooth now, knock on wood

 

Originally Posted by ronkend

There is a cost to convience.

this is very true. I don't mind paying the fee if I get the money in 2 days compared to waiting for two weeks.

As far as telling him to stop posting, I would suggest that you take your own advice...and and also follow that acronym at the beginning of your name.

As many have said, this is just standard cost associated with international bank wires. I get paid my salary in that way and just have to eat the fees every month.

For anyone saying it is only $25 you are missing the point.

First of all I did two cash outs over the last month and was pretty much forced by pokerstars to use the wire transfer both times. The first cash out I requested was right before the payment processor situation and I was given the run around for two weeks before finally finding out Stars never even sent my check out and if I needed the money now all they could offer was wire transfer. I had no choice as I needed the money for WSOP events so hello wire transfer and good bye $47! ($12 from my bank and $35 from god knows where)

Second request was for money for the main event which I won through a Stars satty. I go to cash out a few weeks ago so I will have the money in time as obviously Stars can not buy us in directly and all of a sudden the check feature has a max cash out of $1000! So what the fuck am i supposed to do since I need $10k to buy in? Obv hello another wire transfer and good bye another $47!

So now 2 transfers later and I am down almost $100 when I would have been more then happy receiving paper checks as that was always my means for cashing out post neteller/firepay/epassporte days.

I'm sorry but if Stars and FTP can not offer their players any other means for cashing out sums over $1000 then they need to eat the fees associated with wire transfers and not the players. Online poker is so much harder to make money then it was just a few years ago yet the sites are making record profits, the least they can do is pick up this cost. I mean come on $94 will almost cover the cost of the sweet 2:00am rub and tug after I bust out of the main event on Sunday.

didnt read this whole thread but i did a premium bank transfer and had it within a few days, minus a $12 fee. im not sure why the OP was short $25

 

Originally Posted by ronkend

OMG A WHOLE $25

 

Originally Posted by bighutch14

I just used this feature and it hit my account the next day. The transfer was also 29 cents more than i requested. I run goot

same for me.