I’m trying to figure out how to send $6000 from my Chase bank account to my wife’s Chase account for our income tax payment and the answer is to either:
- Write a free paper check
- Send $2000 for 3 days through Zelle
- Pay $25 for a wire transfer
America 
Interesting! I haven’t seen many other European countries do that, given that the ECB only charges €0.002 per transfer
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For very long time banks ir Latvia were afraid to charge much for payments, but negative rates pushed to increase fee revenue. And anyway AML/KYC, IT infra cost something. I prefer to pay nothing, but 0.4 does not sound like a robbery.
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There are definitely costs! Most other banks seem to cover them through monthly account fees, now that net interest margin is negative
End of conversation
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