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International money transfer fees are often higher than sending cryptocurrency with CicadaBank*.
In addition to this, many banks and money transfer operators tend to offer unfavourable exchange rates that often have a high impact on the final value of the received transfer.
Product
Note
Transfer fee
*Transfer fee information was taken from Wise price comparison section on 25-10-2022. Our comparison is based on sending 1, 000.00 EUR to GBP versus sending the same value in Cryptocurrency with CicadaBank. Cost do not include the impact of exchange rate.
*You will also incur an additional fee of up to $0.1 depending on coin (Bitcoin charges $0.1 per transaction, while other coins like Monero charge less).
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