80% cheaper than your bank!? Hmmm...
Whilst the personal payments industry as a whole owes a great deal to the likes of Transferwise et al for engaging it's target audience in a dialogue about 'out-of-touch' charging, is their approach disingenuous? If you have ever tried to do an online payment through your bank then you will know that the cost of sending the payment and the rate of exchange offered and applied to the exchange itself are two different things. Your bank will show you what rate of exchange they a