Quote Originally Posted by christianpfc View Post
Overall 550 EUR -> 587.70 USD corresponds to a rate of 1.07, which is 9% lower than xe.com 1.18. My worst money transfer ever in absolute loss of 55 USD (for highest relative loss of 17% see Brasil report).
1 Thank you for warning us.

2 Please query this with Transferwise.
(i) The Transferwise side of it is promoted as being fully transparent, which it has been in my experience.
(ii) Then the whole idea of it is the payment to the receiving bank is a domestic transfer in local currency, so it should not attract anything more than domestic banking charges. I presume Transferwise should confirm if this was a domestic payment to the receiving bank.