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Money Transfer Companies Compared We cost an International Transaction Fee on every purchase or cash again transaction at a Merchant or cash withdrawal/advance at an ATM or bank branch, if the transaction is made in a foreign currency. This website was created to avoid wasting you cash by permitting you to simply compare the current international change rates at various banks. A problem with bitcoin is that it isn't really a currency and fluctuates in worth. This is the rate the banks pay when they're buying and selling with one another (normally a couple of million dollars per trade). It's not the rates you obtain when exchanging money over-the-counter within the financial institution (though rates for each conditions are often very high). Bank of America representatives I talk to are so impolite and so they say they cannot do something about it. Their international forex division is horrible. If you REALLY can know this it's best to trade the foreign money markets and make billions of dollars. Electronic transfers are at all times free and quite a bit simpler to arrange and handle than banks in US. Currently, at the 10