[jedberg]

> traditional banking that takes days and charges high fees

Only in the USA. And that is hopefully changing in the next month or two with the upgrade in the ACH system.

[tim333]

I just checked transferwise for £1000 to about us$1400. The cost compared with google's estimate of the interbank rate was $6 and they said it would take one day. I've also recently done £ to Thai baht and most currencies are there. It's quite quick and cheap such that it would be hard for crypto transfers to compete for most stuff.

[zodiac]

> It's quite quick

Really? I use it often and it always takes a few days end-to-end