3 ms·
It's never .001%. I've done so many international transactions with currency conversion (one of the most liquid pairs - USR-EUR). On the best day a bank will ge
by bufferoverflow 6y ago
It's never .001%. I've done so many international transactions with currency conversion (one of the most liquid pairs - USR-EUR). On the best day a bank will get that 3% difference. I've been using TransferWise in the last year, it's definitely better, but still over 1%.
- jeltz 6y agoI usually get between 0.5% and 1% spread at my bank and my company is tiny so these are list rates.
- vmception 6y agoI get extremely tight spreads closer to .001% with Bank of America wire transfers, Wells Fargo wire transfers, and ATM withdrawals in foreign countries, specifically Mexican Pesos, Swiss Francs, Euros. It exactly matches the spot FX rate that I would see on my broker's terminals. Transferwise has not been better for me, except to easily allow me to have Euro bank accounts as an American.