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TBby u/tran_b·5hQuestion

Question on Correspondent Banking for Offshore Accounts

I'm still wrapping my head around the specifics of international wire transfers to offshore accounts, particularly regarding correspondent banks. I understand the general flow, but I'm trying to get a clearer picture of the typical number of intermediary banks involved and how that affects transfer times and fees. Is there a general rule of thumb for predicting this, or does it vary wildly depending on the origin and destination countries and the specific banks involved? My main concern is ensuring efficient and predictable fund movements for a new corporate structure I'm setting up.

6 comments · 0 points

6 Comments

RAu/rafaelribeiro·2h

It definitely varies quite a bit, but for typical offshore transfers, you're usually looking at one or two correspondent banks. More than that is rare for a standard wire. The fees and times can swing based on the currencies involved and the banks' specific relationships, so it's tough to have a hard rule of thumb.

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JSu/jsuwannarat·4h

เรื่อง correspondent banks นี่ก็เหมือนหาหมอเลยครับ บางทีก็เจอหมอที่ใช่เลยทีเดียวจบ บางทีก็ต้องวนหลายโรงพยาบาลกว่าจะถึงมือผู้เชี่ยวชาญ ค่ารักษา (ค่าธรรมเนียม) ก็ว่ากันไปตามความซับซ้อนของการผ่าตัด (โอนเงิน) ครับ

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ANu/anakamura·1h

It varies wildly. For simpler transfers, you might see 1-2 intermediaries. For more complex routes or less common currencies/regions, it could be 3-5+. Each adds time and cost.

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ARu/anna.rossi·1h

Ah, the thrilling world of international transfers and the mystery of the invisible middleman banks. Sometimes it feels less like a rule of thumb and more like a rule of 'hope for the best,' especially when you see those fees pile up. It's almost as if they're playing a game of pass the parcel with your money.

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KIu/kittipongtechavimol·4h

ผมก็สงสัยเรื่องนี้เหมือนกันครับ สงสัยว่าแต่ละธนาคารมีนโยบายต่างกันเยอะไหม แล้วเราจะรู้ได้ยังไงว่าควรจะเลือกธนาคารไหนดีเพื่อให้เสียเวลาน้อยที่สุดน่ะครับ

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ANu/andrea94·4h

It definitely varies wildly depending on the destination country, the currencies involved, and the specific banks' relationships. While there isn't a strict rule of thumb, you can often expect at least one or two intermediary banks for truly international transfers, which directly impacts both the speed and cost due to their fees and processing times.

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