This is the story in most countries with good economies: Local transfers are free for private individuals up to a certain amount. Exceed the bounds and you'll b

This is the story in most countries with good economies: Local transfers are free for private individuals up to a certain amount. Exceed the bounds and you'll be offered a paid solution. So if one end of this system pays for the other, and the other thinks it's free, you're just paying indirectly via price adjustments. Receiving CHF (Swiss Francs) via an IBAN transfer 1) cost a lot, 2) take several days. Switching to a traditional money transfer provider requires KYC'ing. I was once denied because my website seemed sketchy. It just has my company's name and a link to my personal homepage. I already have customers, so my first motivation to create a website was so that money transfer providers think I'm actually running a business and will allow payments.