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Re: Transferring money between two bank accounts across borders

From: Stephane Canon <stephane.canon@scarlet.be>
Date: Thu, 14 Dec 2017 19:39:57 +0100
Message-Id: <893051FC-BCED-4565-A1F7-1361742900B0@scarlet.be>
Cc: Web Payments <public-webpayments@w3.org>
To: Sebastian Durandeu <sebastiandurandeu@gmail.com>
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  <https://transferwise.com/>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 <mailto: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 <mailto: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?
> 


Received on Friday, 15 December 2017 13:28:39 UTC

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