With transaction costs rising above $1 the original promise of cheap remittance using Bitcoin is officially dead.
if you want to transfer a couple of thousands of dollar with bitcoin you still pay the same low fee of $0.7-$0.8 but with a bank you will end up paying a percentage of what you transfer.
so it is still pretty cheap.
Even if your want to move a higher value, volatility kills it. By the time the value is received it can go up or down. So again it's useless.