If your bank does not allow you to select “OUR/DEBT” for the "details of charges" when making an international bank transfer, follow these steps to ensure your payment is received in full:
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Select “SHA/SHAR” (Shared Fees): Choose the “SHA” option, which means the transfer fees are shared between you and the beneficiary.
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Increase Your Payment Amount: Increase your payment amount by roughly 30.00 USD (or the equivalent in your local currency). This additional amount helps cover any potential fees deducted by the bank
Flywire will send the full amount received to the recipient, even if it’s slightly more or less than expected.
By following these steps, you can mitigate the impact of any bank fees and ensure that your institution receives the correct payment amount.