Results 1 to 10 of 10

Thread: International Wire Transfer To UK

  1. #1
    Senior Member O2BCAMGAL's Avatar
    Joined
    Jan 2012
    Posts
    126
    Thanks
    14
    Thanked 38 Times in 29 Posts
    My Mood
    Flirty

    Default International Wire Transfer To UK

    I have determined that the Bank Wire Transfer option is the best way for me for me to receive Streamates payment from the US.

    My bank is in the UK, but am confused if I need the intermediary bank details to receive the money.(surprisingly I have received conflicting info from my UK bank)
    If I do need to list the Intermediary bank, Streamates wire transfer form requires alot of information for the intermeidary bank .Is it crucial that I provide all the information? I ask this as I am unable to obtain certain things.

    Also, UK girls, was this financially a good way to recieve monies. I know that I will be charged 40 us dollars from SM, but were you faced with any other charges? Were you faced with any issues/problems when recieving the bank wire from the US?

    Thanks!

  2. #2
    Senior Member
    Joined
    Mar 2013
    Posts
    75
    Thanks
    100
    Thanked 136 Times in 47 Posts
    My Mood
    Relaxed

    Default Re: International Wire Transfer To UK

    I receive my payments from MFC by IWT and all they need is my bank's name and address, my name and address, my SWIFT number and account number. If SM is asking for anymore information than that I don't see how it could be relevant.

    Your bank may charge a fee to receive the money. I know mine charges $10. You can try find the information on your bank's website or just call them and ask. I am still waiting for my account to be approved on SM, but I have chosen cheque as my payment option as I think the $40 fee for the transfer is ridiculous.

    By the way I'm in Australia, hopefully someone else can give you a better answer!

  3. #3
    Featured Member
    Joined
    Jun 2010
    Posts
    1,652
    Thanks
    902
    Thanked 2,116 Times in 832 Posts

    Default Re: International Wire Transfer To UK

    I went into my bank and was given the international account number and SWIFT, and did not need anything else (no intermediary). Most UK banks charge £7 to receive, plus the exchange rate they give us is between 3-5% off the main exchange rate (they keep that as a fee).
    Quote Originally Posted by HaydenBlue View Post
    Somebody call the WAHHHHmbulance.

  4. #4
    Featured Member Incantatious's Avatar
    Joined
    Sep 2011
    Location
    UK
    Posts
    1,732
    Thanks
    5,214
    Thanked 8,267 Times in 1,351 Posts

    Default Re: International Wire Transfer To UK

    I left the 'Intermediary Bank Information' section empty except for Intermediary Bank SWIFT Code, but I don't think you need that. Just the bits with the * to indicate required field.

    I've been with SM for over a year and never had any issue at all receiving bank wires; they have always been on time, if not actually arriving earlier than anticipated. I hugely rely on my money coming through on a 100% consistent level each week, and so for me, the reliability and security has been worth the fees.




  5. #5
    Senior Member O2BCAMGAL's Avatar
    Joined
    Jan 2012
    Posts
    126
    Thanks
    14
    Thanked 38 Times in 29 Posts
    My Mood
    Flirty

    Default Re: International Wire Transfer To UK

    Quote Originally Posted by Ariella View Post
    I receive my payments from MFC by IWT and all they need is my bank's name and address, my name and address, my SWIFT number and account number. If SM is asking for anymore information than that I don't see how it could be relevant.

    Your bank may charge a fee to receive the money. I know mine charges $10. You can try find the information on your bank's website or just call them and ask. I am still waiting for my account to be approved on SM, but I have chosen cheque as my payment option as I think the $40 fee for the transfer is ridiculous.

    By the way I'm in Australia, hopefully someone else can give you a better answer!
    Thanks Ariella! When they send you a cheque - is it issued in your local currency? I was wondering if Streamates cheques that they send to the UK are in pounds sterling, if so I would consider it. The only thing that is really putting me off the cheque option is that I heard girls in the UK having their account closed/put on hold, whilst they investigate the cheque. Otherwise...it would be good

  6. #6
    Senior Member O2BCAMGAL's Avatar
    Joined
    Jan 2012
    Posts
    126
    Thanks
    14
    Thanked 38 Times in 29 Posts
    My Mood
    Flirty

    Default Re: International Wire Transfer To UK

    Quote Originally Posted by BritishBecky View Post
    I went into my bank and was given the international account number and SWIFT, and did not need anything else (no intermediary). Most UK banks charge £7 to receive, plus the exchange rate they give us is between 3-5% off the main exchange rate (they keep that as a fee).
    Thanks soo much Becky! Have you recieved the monies from Streamate via the bank wire as yet after providing just those numbers? If you have with no problems, I will try and do the same and just provide the IBAN, Swift code and account number and hope for the best!

    Thanks for the heads up on the fees - thats steep!!!

  7. #7
    Senior Member
    Joined
    Mar 2013
    Posts
    75
    Thanks
    100
    Thanked 136 Times in 47 Posts
    My Mood
    Relaxed

    Default Re: International Wire Transfer To UK

    When getting a cheque from MFC they transfer it into your local currency at the current exchange rate and issue it to you from a bank in your country. My bank have never investigated my cheque. (Maybe because its issued from a local bank?) I usually deposit it straight into my bank as well and they don't charge me any fees if I do that so its free to receive and deposit the money! Yay! (Better than $25 wire fee plus $10 deposit fee and $1000 minimum payout for IWT) Like I said that's for MFC though, BritishBecky or Incantatious may know the answer with cheques for SM since they are in the UK too? Also if you get a cheque it can take up to 10 working days to get it, and I get it sent to my PO Box cause I get paranoid that the mailman could post it on a windy day and not put it in properly and it could fly out of my letterbox. (LOL) My post box is much more secure.

  8. #8
    Senior Member O2BCAMGAL's Avatar
    Joined
    Jan 2012
    Posts
    126
    Thanks
    14
    Thanked 38 Times in 29 Posts
    My Mood
    Flirty

    Default Re: International Wire Transfer To UK

    Quote Originally Posted by Incantatious View Post
    I left the 'Intermediary Bank Information' section empty except for Intermediary Bank SWIFT Code, but I don't think you need that. Just the bits with the * to indicate required field.

    I've been with SM for over a year and never had any issue at all receiving bank wires; they have always been on time, if not actually arriving earlier than anticipated. I hugely rely on my money coming through on a 100% consistent level each week, and so for me, the reliability and security has been worth the fees.
    That is great to hear! And you are in the UK?

    May I ask/confirm that all you provided was the swift code, IBAN, your account number and bank name/address? If you also wouldnt mind, what fees were you charged?

    SW girls are the best! Saved me a major headache! thanks!

  9. #9
    Featured Member
    Joined
    Jun 2010
    Posts
    1,652
    Thanks
    902
    Thanked 2,116 Times in 832 Posts

    Default Re: International Wire Transfer To UK

    you provide the international bank account number, and not your normal account number x
    Quote Originally Posted by HaydenBlue View Post
    Somebody call the WAHHHHmbulance.

  10. #10
    God/dess sexysusie's Avatar
    Joined
    Apr 2012
    Location
    UK
    Posts
    5,664
    Thanks
    8,080
    Thanked 10,331 Times in 3,728 Posts
    My Mood
    Aggressive

    Default Re: International Wire Transfer To UK

    Cheapest option is dailypay for sm pay in uk. I used to lose £5-20 through conversion and bank charges with wire transfer x
    "If you want to earn more, learn more" ~ Zig Ziglar




Similar Threads

  1. Streamate Wire Transfer!
    By AmyySativa in forum Camming Connection
    Replies: 12
    Last Post: 12-06-2012, 06:16 AM
  2. SM - Changing from Wire Transfer, to Cheque, to Wire Transfer Again
    By Pearl_Sugar in forum Camming Connection
    Replies: 2
    Last Post: 12-02-2012, 08:06 AM
  3. Streamates Wire Transfer
    By narturalencounter in forum Camming Connection
    Replies: 1
    Last Post: 07-20-2012, 01:24 PM
  4. wire transfer?
    By Lights in forum Camming Connection
    Replies: 12
    Last Post: 12-06-2011, 09:51 AM
  5. C4S wire transfer?
    By MissKatie in forum Camming Connection
    Replies: 7
    Last Post: 07-19-2011, 12:19 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •