The World’s Best Bank Accounts for International Travelers and Nomads

[tkrunning (Thomas K. Running)]

@elpea

Maybe if you don’t have a local bank account TransferWise is better, but for me it just isn’t.

I am talking about transfers to a local bank account, there aren’t any other options with TW.

@elpea

Example, transferring $5,000 US is $46 bucks cheaper with Xoom - based on today’s exchange rates.

I wonder where you are getting your rates? It’s currently $25 cheaper to do the transfer you mention with TransferWise than Xoom. $32.50 if your US bank doesn’t charge for wire transfers so you get out of the ACH fee with TW.

Screenshots:
Xoom:

TransferWise:

TranswerWise is also twice as fast as Xoom (next day vs two days).