One of my regulars in Pattaya is back in Cambodia and needs money. I would send him 1000 THB or 30 USD, but he has no bank account in Thailand (that would be the easiest way for me) and suggests I use Western Union.
I have read/heard many bad things about their pricing structure and never used it myself, but had a look on their website: for him to receive 30 USD, I would have to pay 2.90 EUR fees which is something I would consider, but the exchange rate (my account is in Euro) is 1 EUR = 1.01 USD on WU whereas xe.com gives 1 EUR = 1.12 USD. This is where I draw the line.
Transferwise does not offer to send money to Cambodia and says that 97% of population does not have a bank account anyway.
I was forced to used paypal for some business on ebay 10 or 15 years with no other option to send or receive money. For that reason, I blacklisted paypal.
What to do? I.e. how to send money to Cambodia without paying high fees.