Banks and other providers often add a markup to their exchange rate while advertising low fees, which means you could be paying huge hidden charges. TransferWise transparently displays its fee upfront and deducts it before conversion. No nasty surprises. TransferWise recently launched a Borderless account for businesses and freelancers across the US and Europe to hold money in up to 27 currencies.
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TransferWise adds business-to-business transfers
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