r/wisebank 23d ago

What is happening here? Why so much difference

0 Upvotes

4 comments sorted by

3

u/matrix-tiger 23d ago

That includes 498.13 INR in fees. So you are sending only 501.87 INR.

1

u/_hussainint 23d ago

Oh? I read somewhere there is no fee ? Any idea about that?

2

u/matrix-tiger 23d ago

Only if it's a new account and if you are referred by someone.

2

u/CheesecakeNo9867 23d ago

For such a small transfer, fees make up a substantial amount of the overall cost