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What sensible alternatives are there for PayPal with international money transfers? Is a plain wire transfer too expensive? In Europe, I'd just do a BIC+IBAN tr
by yason 16y ago
What sensible alternatives are there for PayPal with international money transfers? Is a plain wire transfer too expensive? In Europe, I'd just do a BIC+IBAN transfer to another European country.
- patio11 16y agoEuropean banks have arrangements which make that economical, but transfers between e.g. Japan and the United States or the UK and the United States cost about $60. Also, American banks put consumers through a wringer to actually effect a transfer, since it is one of the highest fraud risk operations a bank is capable of and typical American consumers do international wire transfers very seldom.