Sending money overseas has become increasingly common in our globalized world, with people regularly transferring funds to friends, family, and businesses in different countries. However, one significant challenge that often arises when sending money internationally is the high fees charged by banks for the service. While it may seem unfair that banks charge such high fees for a simple transaction, there are several reasons why these costs exist. In this article, we will explore the reasons behind banks’ high fees for international money transfers and offer insights into how to minimize these costs.