Excessive charge by Ulster Bank

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Paid by Telegraphic Transfer an amount of 36,000euro and was charged approx. 44euro by bank. When I queried the charge they said if I had completed 3 telegraphic transfer forms with a value of 12000euro each I would have been only charged .51cents each. I would have thought that more work would have been involved doing 3 TTs instead of 1 TT and cannot see the reason why TT in excess of 12,000 are charged at a much greater charge.
 
This is not a specific issue with Ulster Bank. That's just the way the relevant cross border payments regulations and charges work I'm afraid - at least until January 2006 when the €12,500 limit rises to €50,000. See for more on this issue. Did you not check in advance what charges applied?
 
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