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by marcosdumay 4333 days ago
Have you tried asking your bank manager?

Yes, there'll be fees, and it's not as interesting as bitcoin. But it's not a hard thing to do.

1 comments

He probably has, which is why he's now asking for a cost effective solution.
Does he want to transfer it in $10 transactions or what?

Even here in Brazil, where external commerce is completely disincetivised, my bank asks $50 a transaction (the most expensive one).

$50 might be the best price on offer, but I would consider it infuriating to pay a $50 tax to the bank on each and every pay check on top of the 3% currency spread they probably already charge.

$1200/year in bank fees just to get paid every two weeks? It's real money in comfy western Europe, in Brazil it's surely a fortune?