Last week. I'm Canadian and currently working remotely for an American company. I am in Denmark at the moment and need Danish money because they don't do euros. The American company pays me by wire transfer and my Canadian bank skims $15 off the top. Then I transfer day-to-day spending money via the cheapest, best, most reliable service I have yet found - and it still costs $10 per $1000. I do that every month or so. If you're wondering whether a credit card would be cheaper, the answer is no. My credit card is the best one available to me for travelling abroad, and there's no foreign transaction fee - but they do charge 2.5% currency conversion, which is $25 per $1000. And some places don't take credit cards.

All these fees are wasted money from my point of view, and the sooner I can stop paying them, the better.