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Freeform Wire Transfers - Is it Really Free?
#1
I've been hearing a lot about 'freeform' wire transfers, but I'm not fully sure what that indicates and if they're actually free. Could you clarify?
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#2
What really constitutes a 'freeform' wire transfer from Emory's perspective? Are there any limitations or restrictions on how they control these transfers?
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#3
How does Emory assure that the recipient bank is conscious of and agrees to this type of transfer, and what kind of verification process do they undertake?
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#4
Do you offer any freeform wire transfer options at all, or are there fees concerned even with this service?
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#5
I'm curious on potential secret costs associated with 'freeform' transfers - could there be additional charges for setup, processing, or more factors?
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#6
Could you give me some insight into the common process of initiating a freeform wire transfer and what to expect throughout it?
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#7
What are the key differences in between a standard wire transfer and a 'freeform' option - what are the benefits and drawbacks of each?
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