Receiving money
Receiving money
You're probably used to paying a fee when you need to wire money to someone else. But some banks even charge you to receive money.

Chase charges $15 for incoming wire transfers. You're charged the same amount for receiving money at PNC.

While banks say the fee helps cover the costs of providing a secure, reliable system, the charge can be avoided if you choose the right account.

"If you're an investor who frequently has wire transfers coming in or out, this is something that can really add up," said McBride. "Make sure you're aware of the fees before you sign up for an account, and pick one based on your habits."


Last updated June 16 2011: 10:54 AM ET
Join the Conversation

From avoidable ATM fees to expensive coffee and impulse deal-buying, here are 10 ways you're wasting your money. More

From constantly overdrafting your account to hopping from card to card to collect rewards, these are some behaviors that may attract your bank's attention. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.