Please also note that Australian bank transfers should not incur any fees, but international bank transfer fees may apply. (eightcap.com)
One of the attractions of bitcoin and other cryptocurrencies is that it is extremely cheap to carry out a transaction compared with traditional financial systems, such as international bank transfers. (coindesk.com)
Elsewhere, Ripple's blockchain is being utilised in a coordinated manner by some of the largest banks in the world, which in turn is helping to usher in a new era of virtually instantaneous international bank transfers. (internationalbanker.com)