spark15

Does anybody know how much the incoming wire transfer fee is? My parents would like to wire me the money instead of making me to go up to the Lyon center and wait for 30 minutes to hand in a check.

cc411

S has a USC Credit Union account- Cardinal Checking- free for students.

There is no wire transfer fee for this process-
I make deposits by faxing USC Credit Union a form they gave me from ACH- Automated Clearing House. This withdraws money from my checking (different bank) and deposits the designated amount to his account at USC Credit Union. Neither my bank nor the USC Credit Union charges a fee for this. When I fax the request, they usually make the deposit within 1 day. It is very convenient and we have had no problems with this system. (The no-charge status at my bank may have something to do with keeping a minimum balance so double check with your bank. But I know his balance will go to zero, I'll make a deposit, and he does not get charged for that deposit/transfer.)

The only fees on his account are if he uses his ATM card for a purchase ($1) or if he withdraws money at a non USC Credit Union ATM machine ($1).

You can set up an account before Orientation. There was an application in the Orientation packet. We also went and talked to someone there at Orientation but there was a very long line so it's best to ask all your questions by phone.

Tuitionsaver

Thanks for the great info on Banks... the USC credit Union sounds like the way to go!