MSC Mediterranean Shipping Company S.A. would like to advise all clients that when they choose to pay amounts in USD via Electronic Funds Transfer they must allow for the cost of intermediary bank fees.
Intermediary bank fees are payable to the relevant US Bank which performs the transfer in the USA. The intermediary bank fee is taken from the amount received by MSC to which they have no control over. This in turn has led to a growing amount of short payments.
For this reason, MSC would like to advise all clients wishing to pay USD amounts via Electronic Funds Transfer that they must ensure all relevant bank fees and charges are covered in full. Any short payments will result in the refusal of release of documentation.
If you would like further information regarding Intermediary fees and charges on USD Transfers, please contact your bank.
For other queries regarding this notice please contact your local MSC office.