Answer Base

Returned to the bank,as the payees a/c. was closed.? the bank manageress says that this is so and nothing more to add. the repaying bank charge plus theirs adds up to the 57%.

Most banks charge a fixed fee to process a wire transfer -- typically £25 .. if you try to wire £50 then the cost will indeed be "50%" (or more, after taking intoaccount £/euro conversion)