[ForHackernews]

In the UK, the Faster Payments Service enables near-instant transfers (usually a few minutes) that are typically free to the consumer. This network has been operating for more than a decade.

[0] https://en.wikipedia.org/wiki/Faster_Payments_Service

[buboard]

yet it costs me $10 to send $500 to the UK and $39 to send to the US. And even more to receive.

[ForHackernews]

Try http://transferwise.com/, that's what I usually use.

[buboard]

not available for the kind of businesss payments i want