“On October 28th, 2013 international wire fees are going up. This is due to the remittance transfer rule amendment to Regulation E from the Dodd-Frank Act. Ironically, as a ‘consumer protection’ amendment, these new stipulations are suppose to help protect and disclose more information to those that are sending money abroad. The issue is that it really does the opposite of that–it simply makes international wires more expensive at the cost of those who can afford it the least. JP Morgan Chase has announced that they will no longer be offer outbound international wire services in response to this new regulation.”
Related posts:
Police Officer Takes 11 Year-Old Girl to Criminal Court for Wearing Too Much Perfume At School
The Top 6 Reasons Why Everyone Needs a Second Passport
Exclusive New Adam Kokesh Arrest Footage; Calls For Orderly Disbandment Of Washington
It's Federal Policy To Prosecute Gun Buyers in States With Legal Pot
Feds spend at least $890,000 on fees for empty accounts
Undocumented immigrant to Obama: Stop tearing families apart with deportations
Serious Revolving Door Move (Hedge Fund Edition)
Children Seized in Shocking German Homeschool Raid
White House Makes It Official: It Wants to Keep Snooping on Americans
At Least 46 Killed in Two Days of US Drone Strikes in Yemen
Chechnya Isn’t Czechoslovakia
Nobel Winner: "No Reason To Fear Deflation"
Snowden joins Ellsberg, Greenwald on new Freedom of the Press board
Hospital Opens First Inpatient Treatment Program For 'Internet Addiction'
This is a coup: the Homeland Security takeover of US elections