Saving money on international payments as a remote freelancer

Re:Saving money on international payments as a remote freela... by fennecfoxen on Monday April 13, 2020 @01:42PM (#22858020)

I am not sure how to engage with this reply. It is of course unsurprising that European banks do not have integrations with the Federal Reserve for moving USD. European banks often have access to international systems like SWIFT and SEPA, and various national payments systems, instead.

I have precious little information to offer you on the workings of European funds transfer services, however; I posted here to discuss Fedwire specifically, since you brought it up.

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Re:Saving money on international payments as a remote freela... by decentralised on Monday April 13, 2020 @04:07PM (#22859483)

Well, first of all thank you for your earlier comment.

My anxiety is peaking lately... I have no idea exactly why I answered like that but what I meant was that while I'm not familiar with the US payment system, I do know the European one quite well and that's why earlier I'd expressed incredulity that any traditional banking system could offer zero cost transfers. I think I didn't notice you were not JumpCrisscross

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