Expatrio Blocked Account: Flywire wants €12,483 for a €12,131 deposit — should I use a direct EUR bank transfer instead?
I need to deposit €12,131 into my Expatrio blocked account.
If I pay through Flywire in my local currency, it ends up costing me the equivalent of around €12,483.
That's roughly €350 more just from the conversion/payment, which seems quite high to me.
There's also an option to send EUR directly, which is €12,151 including a €20 fee.
Is this kind of difference normal with Flywire? Would it generally make more sense to convert the money to EUR myself and use the EUR bank transfer option?
Curious what others did when funding their blocked account.