Quote:
Originally Posted by Format C:
If some pays you £100 Wire Transfer, you got 100.
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But that someone has to pay £4.17 of wire transfer fee (for instance).
The difference is:
a) The person who gets the money says he wants £100. The other person has to pay £104.17 (=100/0.96).
b) The person who gets the money says the other person has to pay £100. He'll actually get 96.
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