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Q.

What are Exorbitant transfer fees?

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4 2023-06-20T12:40:15+00:00

Hello,

According to what I understand, excessive or unreasonable high costs are placed on people or organisations when ownership or rights to a property, asset, or service are transferred. These fees are frequently considered as being excessive and out of proportion to the actual expense or work required for the transfer process. Exorbitant transfer costs may be perceived as exploitative or unfair and may serve as a discouragement to people who want to make transfers. To make sure they are fair and reasonable, it is crucial for people to properly analyse and comprehend any transfer fees related to a transaction.

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