10. Wire Transfer Fee
Wire transfers allow people to send and receive money quickly but come at a considerable cost. For example, Bank of America charges at least $30 for a wire transfer and Commerce Bank charges $40 for outgoing transfers and $12 for incoming transfers. You might be able to send money and avoid wire transfer fees, however, by using a person-to-person payment app like Venmo or by checking with your bank to see if it offers an alternative.