Re: Transferring money between two bank accounts across borders

Hello all,

Check clearing is definitely not free and in most cases would not give you immediate use of funds.

Best regards,
gph 

Gerard P. Hammarlund

> On 14 Dec 2017, at 19:39, Stephane Canon <stephane.canon@scarlet.be> wrote:
> 
> TransferWise is definitely among the best option. Much cheaper than banks. I also made a comparison with similar products and TF is the cheapest.
> I would be surprised however if a check drawn in a bank in country A and remitted to a bank in country B would be free.
> 
>> Le 14 déc. 2017 à 17:26, Sebastian Durandeu <sebastiandurandeu@gmail.com> a écrit :
>> 
>> Probably TransferWise is a good option. It's not free, but cheaper than a wire transfer.. Notice it does not support all currencies.
>> 
>> On Thu, Dec 14, 2017 at 4:13 PM, David Nicol <davidnicol@gmail.com> wrote:
>>> the "paper check."
>>> 
>>> These things, aside from predating computers, actually predate paper money, at least in Europe, having their origins in schemes relying on trusted account-holding entities (primarily, AIUI, in Amsterdam) to avoid hauling a lot of silver around in sailing ships.
>>> 
>>> A paper check allows transfer of money across borders between two bank accounts, and is inexpensive or free.
>>> 
>>> The clearing of the check may take multiple days, but that isn't one of Brent's criteria here.
>>> 
>>> On Thu, Dec 14, 2017 at 2:35 AM, Brent Shambaugh <brent.shambaugh@gmail.com> wrote:
>>>> I am wondering. Is there a financial product that allows for transfer of money across borders between two bank accounts? The answer I know of, but do not prefer, is a wire transfer due to its expense. Is there inexpensive or free?
>> 
> 

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