What impact do transfer fees have on me as a customer?

The difference between the exchange rate, the money transfer fees, and any intermediary fees.

Key points

• Practical question: How much will the beneficiary receive after all deductions?

• Compare the final amount between different banks.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• AAOIFI — Sharia Standards