Wiring Euros

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Stewart Johnson
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Wiring Euros

#1 Post by Stewart Johnson » December 9th, 2019, 1:35 pm

I did a quick search of this forum before paying some barrel bills to see if anyone had endorsed any particular MO recently. Since I didn't find anything, and I'm tired of getting hosed by Wells Fargo for this service, I took a flyer on Transferwire https://transferwise.com/us. There is some initial hoop jumping to get signed up, but it was pretty painless, and the rates and fees were much better than going thru my bank. I had used some other service a few years ago, but it involved phone calls and more hassle. Of course, I wish all brokers would send a bill payable in dollars, as Mel Knox' progeny does for Francoise Freres and Taransaud. Until that happens, though, I'd say that Transferwire was a relatively slick fallback choice.
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joeduncan
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Re: Wiring Euros

#2 Post by joeduncan » December 9th, 2019, 3:03 pm

Stewart Johnson wrote:
December 9th, 2019, 1:35 pm
I did a quick search of this forum before paying some barrel bills to see if anyone had endorsed any particular MO recently. Since I didn't find anything, and I'm tired of getting hosed by Wells Fargo for this service, I took a flyer on Transferwire https://transferwise.com/us. There is some initial hoop jumping to get signed up, but it was pretty painless, and the rates and fees were much better than going thru my bank. I had used some other service a few years ago, but it involved phone calls and more hassle. Of course, I wish all brokers would send a bill payable in dollars, as Mel Knox' progeny does for Francoise Freres and Taransaud. Until that happens, though, I'd say that Transferwire was a relatively slick fallback choice.
I've used Transferwise and found it great too.

Stewart Johnson
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Re: Wiring Euros

#3 Post by Stewart Johnson » December 11th, 2019, 9:55 am

joeduncan wrote:
December 9th, 2019, 3:03 pm
Stewart Johnson wrote:
December 9th, 2019, 1:35 pm
I did a quick search of this forum before paying some barrel bills to see if anyone had endorsed any particular MO recently. Since I didn't find anything, and I'm tired of getting hosed by Wells Fargo for this service, I took a flyer on Transferwire https://transferwise.com/us. There is some initial hoop jumping to get signed up, but it was pretty painless, and the rates and fees were much better than going thru my bank. I had used some other service a few years ago, but it involved phone calls and more hassle. Of course, I wish all brokers would send a bill payable in dollars, as Mel Knox' progeny does for Francoise Freres and Taransaud. Until that happens, though, I'd say that Transferwire was a relatively slick fallback choice.
I've used Transferwise and found it great too.
I see that I was botching the name. Thanks for setting it straight.
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davidkong
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Re: Wiring Euros

#4 Post by davidkong » February 16th, 2020, 8:12 am

Transferwise has great rates and is relatively painless, way better than using a bank.
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M.Kaplan
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Re: Wiring Euros

#5 Post by M.Kaplan » February 16th, 2020, 10:18 pm

I pay $45 per international wire transfer to my bank, regardless of the amount transferred. All it takes is a phone call. What's the big deal?
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Russell Faulkner
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Re: Wiring Euros

#6 Post by Russell Faulkner » February 16th, 2020, 10:56 pm

Consider whether the additional counterparty risk and time taken is worth the money saved.

I occasionally use such a service but if it doesn’t make a serious saving I use my bank.

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Gus Siokis
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Re: Wiring Euros

#7 Post by Gus Siokis » February 17th, 2020, 7:26 am

Another fan of TransferWise....easier and cheaper.
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Re: Wiring Euros

#8 Post by ckirk » March 6th, 2020, 9:31 pm

Banks are still charging for the old method of sending and confirming amounts. Nowadays it’s much easier and cheaper for them yet they still charge the same or more!!
Craig Kirk [cheers.gif]

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