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What are wire transfer fees?

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What are wire transfer fees?

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A wire transfer fee is sometimes charged by a financial institution when transferring funds to another financial institution; particularly if the funds are transferred from abroad. You or your parent(s) should inquire as to whether there are any fees associated when and if funds are wired to the U.S. to assist in paying your student expenses. These fees should be taken into account if the funds are meant to cover the balance owing the University.

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