There is something you need to know about foreign currency transfers

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient's account.
That's just how it works right?#
But have you ever wondered what happens to your money in that in-between period? Where it goes? Why so much of the money disappears?
Let us break it down for you.##
Most banks pass your money around complex and opaque global relationship network to get it from point A to point B - with every hand that touches the money taking (more than) a few dollars. Of course, it's all lumped together and listed as one fee on your statement.
Yeah. We Know.###
It’s an easy fix, right? Take the banks out of the equation. And we’ve done just that - so you can send your money directly, which is much faster and much more cost-effective (with the same level of security). Here’s the thing, though - other people are doing that too. But they haven’t learnt the right lesson.
They’re still making exactly the same mistake that the banks are making:
They’re not letting you control the process.
We give the control back to you. Where it should've always been.#
Here's how:
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We let you track your money every step of the way, from your account to your recipient's.
(After all, you can track parcels you send by post - so why not your money?) -
We let you choose when you'd like your currency to be converted.
Look at past rates. Choose the rate you'd like. And automate the transfer (if you'd like to). -
We show you, transparently and clearly, what the costs are (and why).
Nobody else does that. Nobody else puts you in control of your money.