Any plans to launch your service in the US?
Show HN: 99% cheaper international business transfers – fixed fee, real rate
71–77 of 77 posts
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#72I've been using Wise for years and am generally happy with them, but always keeping an eye out for alternatives. Why I didn't find this convincing - Have to download app - wise lets me use a website too, and generally I want to do business banking from my laptop, not my phone - No actual price comparisons and 99% seems unlikely. Wise also gives me the 'google exchange rate'. If you are actually cheaper, then I would…
Revolut is a bit cheaper than Wise for FX changes.
Revolut has a EU banking license.
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#73To answer your question, I’m waiting for you to enable the service outside of Europe. Also I wonder if your service works well with businesses sending several millions per month or the KYC nightmare will start then. It’s unfortunate how banks never want to support big businesses sending big transactions around the world
Interesting, I usually have less trouble sending larger amounts than intermediate ones.
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#74Earlier quoted context omitted.
"I am suspicious of it because (it was touted [the information was presented as if it was a good thing] to me as made by Russians but since I'm one it had the opposite effect)"
No, the information was that it was "made by Russians" - quotations normally used to denote literal citation.
The other commenter is correct, founders were a selling point but it had the opposite effect bc I am aware of the whole laundering thing done by my rich compatriots
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#75Earlier quoted context omitted.
No, the information was that it was "made by Russians" - quotations normally used to denote literal citation.
The other commenter is correct, founders were a selling point but it had the opposite effect bc I am aware of the whole laundering thing done by my rich compatriots
Ok thanks for clarifying.
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#76I don't see a list of countries for receiving payments. Is this only UK/EU to UK/EU or can it do UK/EU to any country? I don't want to install the app just to see it doesn't work for me.. edit I just noticed it says "global" on the page, so I guess it's possible to send to any country?
USD isn't supported :(
Re: Show HN: 99% cheaper international business transfers – fixed fee, real rate
#77To the OP: flesh out your profile with your details and company affiliation, this looks super scammy. And explain how you make your money because 99% cheaper is a red flag, not a feature.
We weren't aware of this, actually. Did our initial launch like this as well one year ago to get decent feedback. Noted for the future, thank you!
I can't change my old profile name, but I have added some context in my "About".