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Do banks provide international money transfer services free of charge?
Sadly, it’s not the case; banks are generally recognised as one of the most expensive options when it comes to moving money internationally; second only to using cash, according to the World Bank’s Data. Read more “TransferWise Research Reveals Australians Making Wrong Choices When It Comes To Transferring Money Overseas”
This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.
TransferWise is targeting “expats, second homeowners, freelancers and more” with a new bank account that allows users to make transactions in 28 different currencies. Read more “Transferwise Launches 28 Currency Borderless Bank Account, But Faces Stiff Competition From Rivals”