Wise.com offer a cheap and fast way to transfer money internationally, support over 100+ countries. They provide real time mid-market exchange rate.
How does Wise work?
Wise send money fast, money can arrives in hours or minutes. Because Wise is a P2P money transfer system, they have local bank account in over 100+ countries. For example, transferring USD to CAD, People send USD to Wise’s US Bank account, then wise will send CAD from their Canada Bank account to receiver, the money don’t leave the country, it’s a local transfer. The receiver don’t need open a account in wise, just tell bank info to the sender.