It isn't clear to me if OUR replaces the cost the receiver's bank charges its client for incoming transfers.
E.g. I have 2 banks, A and B in different countries, same currency. In a SHA I expect to pay:
- A's remittance fee
- B's receiving fee
but in an OUR I expect to pay:
- A's remittance fee + some heavy blanket fee
In my case B's receiving fee is much lower (usually waived) than the OUR blanket fee, so am I getting ripped off by OUR transfers or is there more going on?