Skip to Content
0
Former Member
Feb 23, 2009 at 03:32 AM

Bank Fees through bank statement

621 Views

Did anyone faced a requirement wherein a bank deducts bank fees and sends the part of the money to the receiver?

Example: Bank 1 (USD) is transffering 150 USD to Bank 2 (EUR), both in Company Code 1001 and using wire transfer.

And when Bank 1 receives bank statement next day, the bank confirmed that only $130 (= 100 EUR) was sent and $20 is deducted as bank fees.

In this case, how does the EBS clears the cash in transfer account for the full amount?

Thanks,

Sivaram