What are the advantages of the Travelex Bank to Bank transfer method of payment vs pre-authorized debit (e-cheque)?
The advantages are that you will know what the exchange rate will be, you will be making a local payment, so there may not be any wire transfer fees from your bank, McGill and Travelex do not charge you for this service. In addition, as of September 1, 2009, the National Automated Clearing House Association (NACHA) requires that we transmit your personal address information with the payment request, which may be contrary to your wishes.
Related Questions
- Why need the participation of the debit direct and/or credit card payment/bank transfer to be requested and enabled by the support first?
- What are the advantages of the Travelex Bank to Bank transfer method of payment vs pre-authorized debit (e-cheque)?
- I would like a convenient method of payment here on the internet by bank debit or credit card – is that possible?
