Moving money around the globe? Need to transfer funds abroad to an account in a different currency? Forget banks. They will have a tough time competing with TransferWise which is the innovative solution addressing these needs.
Instead of paying your bank(s) hefty transfer fees, only to find out that they are also ripping you off with their hefty exchange rates, you should check out TransferWise. The company, co-founded by an ex Skype employee and backed by PayPal founder Max Levchin and Richard Branson among others has a pretty unique value proposition.
They only charge you 0.5% for the transfer and use the central exchange rates. Combine more good news with some shameless promotion and you get your first transfer free if you sign up through my link above.