[radio4fan]

> It's not even competetive with bank transfers which costs me a flat fee of about 5€ to transfer funds using my banks internet portal to any other eu bank account.

They charge you? These are free for me.

In fact, EU law says that your bank cannot charge you any more for a transfer to another EU account than to a domestic account.

[bjourne]

Yes, you're completely right. The 5€ fee is for transfers to accounts outside of the eu area.