Hacker News new | ask | show | jobs
by rkhacker 1831 days ago
I have used TransferWise, Moneygram in the past for international transfers. Good thing about these services is that they let you know in advance the conversion rates and fees which, for some reason, the banks won't let you know until the money gets transferred. I personally don't care about the fees as long as the final amount is better than what other services could offer.

Now a days I have been using skrill and have been impressed with the speed of delivery and the conversion rate. The rates are better than TranseferWise and Moneygram and some of the transfers were done in 1 day! It also allows debit card to be used without any fee which is quite convenient. Although I wonder how do they save money compared to using the ACH payment?