When I used Wise on 29th Nov, the rate was 42.3840 and fee was 1.45%, Visa rate (including 1.6% markup on ECB rate) was 42.3645, Bangkok Bank rate was 42.. That's only a quarter of a percent difference (unlike today's 1.11%). So on 29th FCD BB account or a free SWIFT transfer might have been better.

Has anyone tried currencyfair? Comes out best in the comparison website Jett recommended monito.com . Site claims I'd get 424,643 for £10k, whereas Wise currently promises 424,028. Is currencyfair legit? Hidden charges?

You mention USD, why just that currency? might the same apply to GBP?

Ah haa, thanks, I just looked at your screenshots and assumed the single rate was used everywhere. Yes Wise rate is extremely good at the moment.

Just compared Bangkok bank TT and Wise rates. Wise is about a percent better, although they charge around 1.45%. Wise app currently offers me 42.6971 (which is so close to wholesale rate I think they're at a loss were it not for the 0.55% charge too), whereas Bangkok TT offers 42.. Wholesale is 42.66 on Yahoo so I assume this is a temporary. When I used Wise a week ago their rate was 1.5% worse than wholesale rates (and entailed a 1.45% fee).

I think your calculations assume the rates are the same? Wise app currently offers me 42.6971 (which is so close to wholesale rate I think they'd be at a loss were it not for the 0.55% charge), whereas Bangkok TT offers 42..

Yes exactly, sorry seems I was unclear

I believe we have something similar in the UK, this is very useful thank you.

This is exactly the kind of information I was hoping for, thanks so much!

Thanks Andre. Todd and Klaus there's no need for sarcasm. Looks like XE's Achilles heel is receiving bank fees, which I think Andre is saying he doesn't pay. Given the rate is only a percent or two from wholesale rate that's pretty competitive. Always good to have contingencies.