Welcome to the Melbourne Community Daily Discussion Thread.

  • MHLoppy2@aussie.zone
    ·
    1 year ago

    I've used Wise (formerly TransferWise) for international transfers a couple of times. They use "mid market" exchange rates so tend to be on the cheaper side as far as total loss of value on a transfer (fees + exchange rate losses).

    Admittedly it's been a couple of years since I last looked around at these services though!

      • just_kitten@aussie.zone
        ·
        1 year ago

        Yeah, my brother uses Wise for all transfers in/out of the US. It's a fairly popular option for larger amounts

    • wscholermann@aussie.zone
      ·
      1 year ago

      I feel like no matter what you do someone is going to rob you blind when using foreign ATMs and foreign currency transfers.

      • MHLoppy2@aussie.zone
        ·
        edit-2
        1 year ago

        Honestly I was pretty content with the fees involved when I used it for Euros a couple years back. Afaik the fees aren't trivial but at least they're not steep (unlike e.g., using PayPal to do the same thing) - I didn't really feel robbed but it'll depend on what your expectations are!