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A comment on Show HN: I built a site to compare fees and rates for sending money abroad.

Re:Show HN: I built a site to compare fees and rates for sen... by jasongrishkoff on Wednesday August 28, 2019 @01:14PM (#20821809)
Your data for Transferwise seems to assume the worst-case scenario of fees with a wire transfer. For example, you say US$100 to GBP nets $6.85 in fees.

But looking right now from my dashboard, if I send with my balnace, the fee is $1.18. With ACH its' $1.73. With credit card it's $4.81. With debit card it's $2.27. The worst and most-cumbersom option is wire transfer, but that's what your system defaults too?

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Re:Show HN: I built a site to compare fees and rates for sen... by Rulero on Wednesday August 28, 2019 @02:39PM (#20822669)
That's a decision I made during development in order to get this proof of concept out as quickly as possible and gather some feedback. This price is what I am getting from their API and for bank transfers.

I am glad you picked up on this because I thought of placing a button which says "More Info" which will have a popup and display all options and fee. You've just validated my assumption and it's something I will be working on adding.

[ Parent | on HN ]