You can choose from three options:
Principal pays the costs (OUR): you pay all the charges
applying to the transaction, i.e. those levied by KBC and by
the beneficiary's bank.
Shared costs (SHA): Each party pays their own charges, i.e.
you pay KBC's charges and the beneficiary pays their bank's
Beneficiary pays the costs (BEN): the beneficiary pays all
the charges i.e. those levied by KBC and by the beneficiary's
Watch out with payments in US dollars. These always go through the
US. Many US banks do not comply with the OUR option (whereby the
principal pays all the charges) and consequently payments will be
converted to the SHA system with shared charges. This means that the
payee shares in the charges. In such situations, the payee will not
receive the full amount of the transfer, even if the principal chooses
the OUR charges option.