Ever used commercial money transfer?

matt-comparison

Hello! I would be very happy to learn about your experiences with international money transfer companies (not banks) like Western Union, Transferwise, World First, Post Office, Moneycorp, HiFX, Currencies Direct or others.

If you could reply quickly, it will help me learn, and provide better conclusions for visitors on my websites.

1. Which company did you use?
2. Did you try / approach other companies in parallel?
3. Why did you choose this specific company
4. Were you happy with the transaction
5. If you happen to know the bank's quote for transfer, how much of the costs did using the foreign exchange firm saved you?

Additional info (you can choose to reply or not)

A. Business or individual
B. Trade Volume (small under 5K, medium 5-15k, large 15-50k, or larger)
C. Exact quote you got (how much markup did they take off the transfer eventually).

I am thankful for anyone who would participate. Have a lovely day lads. :money:

asajj

1. Which company did you use?
Transferwise
2. Did you try / approach other companies in parallel?
No
3. Why did you choose this specific company
Good reputation, low cost of sending money
4. Were you happy with the transaction
Yes, it was impressively fast and flawless.
5. If you happen to know the bank's quote for transfer, how much of the costs did using the foreign exchange firm saved you?
Around £40

Additional info (you can choose to reply or not)

A. Business or individual
Individual
B. Trade Volume (small under 5K, medium 5-15k, large 15-50k, or larger)
Small
C. Exact quote you got (how much markup did they take off the transfer eventually).
Can't remember now.
I am thankful for anyone who would participate. Have a lovely day lads.