Note that you can avoid the currency conversion fees using a Transferwise account. You'll get bank credentials for USD, EUR, NZ$, AU$ and GBP, and not pay the fees for these currencies: https://transferwise.com/help/19/transferwise-for-business/2...
At least that’s the case for UK/EU. There are some reports of people being able to add one in the early days - but now it’s like a blanket ban.
It could be because the address of the TW bank account is in New York, and they require a domestic address.
Every time I call up I get a different reason - but the result is always the same. “TransferWise bank accounts are not supported”.