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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Neuromancer   😊 😞
Number: of 21944 
Subject: Re: OT: WISE transfer funds
Date: 03/16/23 6:55 PM
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Did your friend have to pay any fee at their end to receive the transfer?

I'm curious if it would work if both accounts were in the same name, so that it could be used to move funds from one country to another without the bank fees.
I have an account in Canada (which is duly reported via FinCen and to the IRS) but transferring to my US account invokes fees that add 3 - 6% to such transactions either way.

It would be great to simply deal with the exchange rate plus a small fee (say 1%?) instead (or even a flat fee).
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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