DanielRookie
- Edited
I love the idea of Local Currencies, but if you're a German resident not sure if it's cost-efficient and wise enough to transact currency through a UK currency provider.
Firstly, you'd have to suffer the SWIFT network fee, which doesn't make any sense if you're trying to transact in non-euro EEA funds (RON, BGN etc.), secondly these transfers take a lot of time to issue (2-4 days typically) but in a busy world, you need to move funds in a time-efficient way, right?
Could you please consider in future updates to choose a different currency provider (other than Currencycloud) that's actually part of EEA? After all, bunq E.V. is an European Bank 🇪🇺
Thank you for your hard-work so far and really love what you've built here 🙌
PS: EEA stands for European Economic Area