The transfer amount received by the recipient may be lower than the amount sent in case of SWIFT transfers sent to a country outside the EU.
In ZEN, fees related to the execution of a transfer are divided between the ordering party and the transfer beneficiary. The costs that you incur as the ordering party are fees, e.g. for the transaction mode, execution. In addition, intermediary banks may deduct fees from the final recipient.
To see the updated fees click here.