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.

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

I’d look at wise.com