Wow, that's quite expensive. As another poster mentioned, looking into a currency exchange service such as xe.com would be a good idea. Essentially you do an

Wow, that's quite expensive. As another poster mentioned, looking into a currency exchange service such as xe.com would be a good idea. Essentially you do an ACH transfer to them and then they do a transfer to the recipients bank account. Not only is the transfer cheaper than a wire, but you should get a better exchange rate.