Digital banking platform Revolut notes in a blog post that as you might already know, sending funds abroad with traditional banks can be quite costly and very slow. The fees may be really high and transactions may often take at least several business days to complete.
That’s why Revolut and Fintech Unicorn Wise are “changing the game.” The Revolut team further noted that with personal accounts, card spending abroad (and other useful features), consumers are able to save “a ton of time and money.” The Fintech firms also make it “much cheaper and faster to send money abroad.”
However, Revolut asks which is better for sending funds abroad?
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