Works great in my experience. It comes out way cheaper than our business banking for paying our workers in Europe from the US. It's also really easy and conven

Works great in my experience. It comes out way cheaper than our business banking for paying our workers in Europe from the US. It's also really easy and convenient, while setting up wire transfers with our Major Bank in the US was complicated and arcane. To date, Major Bank doesn't offer us online wire transfers, for a business account! We also use TransferWise to accept customer bank payments in Europe, without having an actual presence there.