Education
Bank Charges & Wire Transfer Fees
Monthly bank maintenance fees and charges for international wire transfers to overseas faculty.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Bank Charges & Finance Fees | Expense (+) | 350.00 | - |
| Cash / Bank | Asset (-) | - | 350.00 |
💡 Accountant's Note
International institutions frequently pay overseas suppliers and staff, incurring wire transfer fees. These are a recurring finance cost recognized monthly.
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