Insurance Bond

Do banks charge a forex fee and insurance bond for money transfers?

Published March 21, 2012 | By Automated Forex
forex36 Do banks charge a forex fee and insurance bond for money transfers?
Samster asked:

A Nigerian bank is charging $2750 fee for a forex allocation and insurance bond because of the large amount of money being transfered through an inheretance.Is this correct?Are there such fees?

Moses
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