Under what circumstances does Even Hotels charge a wire transfer fee?

According to Even Hotels' 2025 Franchise Disclosure Document, a wire transfer fee may be charged to the franchisee if they receive settlement funds via wire transfer. This means that if Even Hotels sends funds to the franchisee through a wire transfer, Even Hotels reserves the right to deduct a fee to cover the cost of the wire transfer service.

This is a fairly standard practice, as banks and financial institutions typically charge fees for processing wire transfers, and the party initiating the transfer (in this case, Even Hotels) may pass that cost on to the recipient (the franchisee). The FDD does not specify the amount of the wire transfer fee, so it is important for a prospective franchisee to clarify the amount of this fee with Even Hotels during their due diligence.

Franchisees should consider this potential fee when evaluating their overall costs and financial planning. It is advisable to discuss with Even Hotels the typical frequency and amounts of settlement funds that are wired, to estimate the potential impact of these fees on their profitability.