Description

My son sent me money and a fee was taken out of my end. Why?

The fee deducted from the amount you received is likely due to the method used to send the money. Here’s a breakdown of the possible reasons and steps to take:

1. **Transfer Method**: Consider how the money was sent—bank transfer, digital wallet (like PayPal), or a money transfer service (like Western Union). Each has different fee structures.

2. **Service Fees**: Many services deduct fees from the recipient’s end, especially international transfers. Check if the service used typically charges the receiver.

3. **Transaction Details**: Review your bank statement or transaction details for any fee information. It may specify who was charged and the amount.

4. **Sender’s Notification**: Your son might have received a notification about fees. Ask him about the service used and whether he was aware of the fee.

5. **Currency Exchange**: If the transfer involved a different currency, exchange rate fees might have been applied, reducing the received amount.

6. **Contact the Service**: Reach out to the service provider to understand their fee structure and confirm why the fee was deducted.

7. **Future Transfers**: To avoid fees, consider using fee-free methods or services that deduct fees from the sender’s side.

In summary, the fee was likely due to the transfer service’s fee structure. Contacting the service provider will provide clarity and help avoid similar situations in the future.