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Transferwise does £ to pesos. Fees for £1000, £11.88. Rate 50.06 vs google saying the market rate is 50.07.

By the way if you are buying BTC, Kraken is much cheaper than 2% (more like 0.2%) and I think they take GBP.

It does sound like the banks are iffy.




Transferwise does £ to pesos, to where. As stated, bank accounts in the country do not have a SWIFT code assigned. You have to triangulate the money (Please check my other comments below). Re: Kraken, the 2% I'm talking about is in the local broker I'm using to convert BTC to pesos. I doubt Kraken can help me there. Not to mention that that Kraken is an exchange. A completelly different bussiness model to Localbitcoins.


To Argentina https://transferwise.com/gb/send-money/send-money-to-argenti...

I'm not sure you need a swift code, probably just a bank account number/sort code.

>The recipient gets money in their currency directly from TransferWise''s local bank account.

I have not tried Argentina as I have no business there but have sent money to Indonesia which is another tricky place and it worked fine. Fair enough re Kraken - they do GBP to BTC, not BTC to pesos.


> probably just a bank account number/sort code.

Dude. Each country has their own way to sort stuff internally. For instance "sort code" is not something you find in countries like Spain (I have a bank account there; sort code is something found in the UK).

Nor are they found in this country. Here, we have what it's called CBU (Uniform bank key).

Again, when you go to a bank branch, _IF_ there's any relation between your bank account and a SWIFT account, they never tell you that information

And, considering that even in the cases you agree to do the transfer, you do not do that to a bank account in the SWIFT system that belongs to the branch but to a bank account in another country, I doubt we are integrated.




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