While I use TransferWise for getting paid by clients in other countries, I rely on <a href="http:&#x2F;&#x2F;currencyfair.com" rel="nofollow">http:&#x2F;&#x2F;currencyfair.com</a> for my own money movements.<p>The typical &quot;catch&quot; in most FX services is a hidden 2.5% - 5% fee in the exchange rate itself. You might be offered <i>free, better rates than your bank!</i> and will still be paying 2%.<p>The likes of CF or TW have got this fee down to well under 1%, although TF certainly give every impression of skimming off the rate for amounts under $1,000.<p>(at least, that&#x27;s the impression the rate on their website calculator gives; I&#x27;ve only used larger transfer than that, and can&#x27;t say anything from experience)