* infact just issues with North American banks.* Yup, same experience here. It takes at least 10 days to send a paltry 1000 USD for me and yes, there is a fee.

* infact just issues with North American banks.* Yup, same experience here. It takes at least 10 days to send a paltry 1000 USD for me and yes, there is a fee. The bank is probably making money on the exchange rate too, not sure. At one point, I was asked all kinds of documentation - passport etc. All this to send very small amounts of money (I don't remember sending more than 3K, 50K Euros without questions is amazing to me). Edit: Many comments here mention that Europe is way ahead of the US i the money transfer space. Can someone talk about why the US is lagging behind?