International wires often have to pass through multiple banks before they get to their final destination. If the correspondent bank does not have a relationship with the sending bank, the correspondent bank may take an additional fees during the transfer process. This fee is taken from the wire itself due to the way that the wire was coded. Usually, most bank use (SHA) code.

Charges Shared (SHA): Any correspondent bank charges that may be applied by the beneficiary bank are deducted from the payment amount. Sometimes, this may mean that the payment amount received by the beneficiary is less than the full amount expected.

We are not in any way liable for fees deducted by various corresponding banks in your wire transactions.