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TransferWise Money Transfer

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    TransferWise Money Transfer's review

    Published: 2016-01-12, by .

    Quickly transfer money worldwide at a tenth of the price via P2P

    9
    • Way cheaper than going through a bank
    • Transparent and very low charges
    • Quick and easy transfers
    • Many currencies available
    • Track transfers in-app
    • None

    "Less for the banks, more in your pocket"

    THE VERDICT

    Internationally transferring money is generally a terrible experience. Not only it is tricky to find a bank that will actually do what you want, when you want it, but they'll charge you an arm and a leg on top of pressing the button to send your money where you want it to go. Transferwise is the P2P disruption of all that, and the accompanying app works smooth like butter. Enter in the details of the recipient and the sender, and Transferwise will make a cheap transfer happen by connecting you (behind the scenes) with someone wanting the opposite currency exchange. The fee charged by the service is minimal, and the cost usually ends up being about a tenth as much as you'd pay at a bank. Awesome, trusted, and endorsed by Sir Richard Branson.

    THE PROS

    It's mad cheap, and everything you're paying is super transparent (as opposed to all those hidden bank charges). Transfers usually go through in a matter of a handful of days. It's super fast to use, and you can track the status of your transfers easily from the app. Many international currencies are supported.

    THE CONS

    None, as far as I can tell. I've used this successfully on more than one occasion, saving myself at least a cool hundred bucks. Try it, you'll like it.

    Janel Appszoom logo

    by Janel , Appszoom

    Jan 12, 2016

    Description

    Send money abroad quickly and easily, at the lowest possible cost with TransferWise. Hold and convert your money in 28 currencies. And always get the real exchange rate.

    TransferWise uses the real exchange rate to help expats, foreign students, businesses, freelancers and people living international lives to send, receive, and spend money — securely, conveniently, and at a very low cost.

    · Send money abroad — it’s up to 8x cheaper than high street banks, and you’ll always get the real exchange rate.
    · Get a free multi-currency account — hold and manage your money in multiple currencies, and convert it when the rate is right.
    · Trusted by millions — just look us up on Google or Facebook to see our happy reviews. We’re fully regulated, so your money’s safe and secure.

    Use TransferWise to:
    - Send money to a family member abroad.
    - Send money to a friend
    - Pay a bill in another country.
    - Pay off your mortgage or loan abroad
    - Hold and manage your money in 28 currencies
    - Get paid in multiple currencies (AUD, GBP, EUR, USD), without any fees

    Send from: GBP (British Pound), EUR (Euro), USD (US Dollar), AUD (Australian Dollar), BGN (Bulgarian Lev), BRL (Brazilian Real), CAD (Canadian Dollar), CHF (Swiss Franc), CZK (Czech Koruna), DKK (Danish Krone), HKD (Hong Kong Dollar), HRK (Croatian Kuna), HUF (Hungarian Forint), JPY (Japanese Yen), NOK (Norwegian Krone), NZD (New Zealand Dollar), PLN (Polish Zloty), RON (New Romanian Leu), SEK (Swedish Krona), SGD (Singapore Dollar)

    to: EUR (Euro), USD (US Dollar), GBP (British Pound), AED (UAE Dirham), AUD (Australian Dollar), BDT (Bangladeshi Taka), BGN (Bulgarian Lev), BRL (Brazilian Real), CAD (Canadian Dollar), CHF (Swiss Franc), CLP (Chilean Peso), CNY (Chinese Yuan), CZK (Czech Koruna), DKK (Danish Krone), EGP (Egyptian Pound), GEL (Georgian Lari), HKD (Hong Kong Dollar), HRK (Croatian Kuna), HUF (Hungarian Forint), IDR (Indonesian Rupiah), ILS (Israeli Shekel), INR (Indian Rupee), JPY (Japanese Yen), KES (Kenyan Shilling), KRW (South Korean Won), LKR (Sri Lankan Rupee), MAD (Moroccan Dirham), MXN (Mexican Peso), MYR (Malaysian Ringgit), NGN (Nigerian Naira), NOK (Norwegian Krone), NZD (New Zealand Dollar), PEN (Peruvian Nuevo Sol), PHP (Philippine Peso), PKR (Pakistan Rupee), PLN (Polish Zloty), RON (Romanian Leu), RUB (Russian Rouble), SEK (Swedish Krona), SGD (Singapore Dollar), THB (Thai Baht), TRY (Turkish Lira), UAH (Ukrainian Hryvnia), VND (Vietnamese Dong), ZAR (South African Rand)

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