bank --> CEX (binance) --> bank (or OTC with a trading desk) binance has about 10-20 basis points fees how much did you pay using tradfi? not just fees but the forex spread

Depends on the sending and receiving country, and what the relationship is between the two banks, and what the amount is being transferred.

A lot of people have a limited set of experiences, such as sending wires or Wise payments to/from a specific country, and it works well for them, without realizing there is an entire world of other scenarios outside of this scope where it is not as well suited.

I’d look at wise.com