Does any know of a good service to transfer funds internationally from Europe to Canada and vise versa?

[outofcontrol@phpc.social]

Does any know of a good service to transfer funds internationally from Europe to Canada and vise versa?

#ForeignExchange #money #europe #canada

[derickr@phpc.social]

@outofcontrol Wise: https://wise.com/invite/dic/fredericusr — I use it all the time for US/CA and GBP/EUR.

* Invite/Affiliate Link

[rameshgupta@mastodon.social]

️ @outofcontrol

>> Does any know of a good service to transfer funds internationally from #Europe to #Canada and vise versa?

Unless one needs laundering, wire transfers work great as long as both sides have bank accounts with banks that are on the SWIFT network or have liaison with another that is on the network.

Depending on the sender's relationship to their bank, the transfers can be free, or they may require a small service fee. Transfers are always free for the recipient.

[outofcontrol@phpc.social]

@derickr Thank you Derick

[outofcontrol@phpc.social]

@rameshgupta Not in Canada where the recipient pays $17.50CAD. As we are looking at a one or two time small amount this might not work out. Thank you for the suggestion.

[bowreality@thecanadian.social]

@derickr @outofcontrol Are the fees decent?

[derickr@phpc.social]

@Bowreality @outofcontrol Best ones I could find when I looked. It's certainly a lot better than banks or ugh, PayPal.

[outofcontrol@phpc.social]

@Bowreality @derickr Fees looked decent.

[denniskoch@phpc.social]

@outofcontrol Only services I can think of are Wise or PayPal.

[cazabon@mindly.social]

@outofcontrol

I've used WeTransfer, which was fine. Nothing too special.

I've also done the traditional SWIFT bank-to-bank transfers, and that's a nightmare - difficult and expensive.

[outofcontrol@phpc.social]

@cazabon Isn’t wetransfer for file transfers, not money?