Gilbert,

I honestly don’t know the best solution to transfer from Euro to Euro. I imagine a straight wire transfer is likely the best way. You’ll likely pay $20 each way, but if you’re transferring a large amount, it could be the best way. I also imagine digital companies such as Transferwise might be able to do this with low fees.

Excellent article as usual.  As you may know, some banks (Scotia and HSBC are two of them) offer accounts in Euros.  One would typically accumulate Euros in that account when the exchange rate is favorable.  Eliminating the option of carrying large amounts of cash (…), what would be the most economical way of transfering those Euros to a bank account in Europe?  As no conversion of currency is involved (Euros to Euros), OFX does not offer this service. Thanks.

Patrick,

The process is similar. I can’t comment on the difference in the exchange rates since I’ve never compared the two at the same time, but I imagine they’re competitive with each other.