Over the years we got used to spending so much money for international transfers.
It seemed there was simply no way to avoid the ransom amounts being asked by the Banks for such transfers. These amounts in no way reflect the amount of effort put in by the Banks, it just reflects their attitude "Yes, we can afford to extort such amounts from you and yes we shall!!"
Finally, we now seem to have a trustworthy system of bypassing these pirate infested waters and do international transfers, getting Premium Service, without a Premium Price. Good Luck to TransferWise
I needed to change US$40,000 to GBP, did it through TransferWise, which saved me £700 and was all done within 24 hours, despite having a normal lead time of around 5 days. I will only use TransferWise for money transfers from now on - cannot recommend highly enough.
TransferWise is so right. It allows people who need to change money to change it with each other at a great exchange rate with tiny fees. Much better than paying huge fees to banks and a lot easier and more convenient. Give it a go, you won't use anything else.
Checking the fees for international money transfers with several banks, I figuered that it will be too expensive in the long run. I read an article about TransferWise in a reputable newspaper and gave it a try right away. It is so easy! And the concept behind it is so simple.
So from now on, TransferWise is my choice for the transfer of funds to family living abroad.
This was the second time I used Transferwise. I have to say the first time was great, 5 stars even, but this time not the same story. The rate offered when I started the transaction was 1.20 something? but I actually got a fair bit less.
I found an area of the transaction this time a bit confusing and it hadn't retained my bank details so spoke 'live chat' to someone who eventually explained how to get from A-B. During that time the good rate was still showing.
When the e-mail arrived to say they had started the transfer I noticed it had dropped significantly to 1.19. I thought I had locked in the rate so not sure really why this all happend so will be very wary from now on and possibly speak to them on the phone to be sure I end up getting what they say I am getting.
Tranferi de UK a España 267 € un miercoles, y el lunes se ingresaron 320 €. Me parece un gran cambio y escasísimos gastos.
Changing money just got a whole lot easier & less rip offy!
Doesn't matter if it's a one off transfer or regular transfers, the process is fairly straightforward & (so far) secure.
Can't see myself looking anywhere else for foreign exchange transfer services from now on.
I was a bit concerned my money might disappear but I could watch its progress and i was kept informed by email. Smooth transaction once I had got all the IBAN and BIC numbers. I will use again because it was cheap to do and I could donate to oxfam too.
Great experience, cheap and safe.
I have to send money from Spain to the UK every month for my son who is studying there. Every month he ended up with a different amount of money and the losses converting €uros in £ Sterling were astronomical!!
I saw TransferWise advertised on Facebook, so I thought that I would give it a try, I sent a small amount first, just to test the water, so to speak. I was amazed at the speed of the transfer and at the amount that was received in the UK account after conversion!!
I also discovered that I can do the whole transaction using my debit card, thus avoiding bank charges.
I sent the larger amount of money to my son via TransferWise late on Thursday afternoon and it was in his account by 2pm on Friday and he received about £38 more than the last transfer I did to him through our banks.
I will NEVER use the bank again to transfer money, it'll be TransferWise all the way now and I will recommend it to everybody.
HIGHLY RECOMMENDED :)
Just a best place to send money from one country to other with so low fees!
TransferWise is a perfect solution for my foreign exchange needs. I have tried half a dozen alternatives and this by far the easiest and cheapest way to get pounds into my euro account quickly.
Excellent service.....reasonable exchange rate and very fast service........i have been used other exchange brokers for transferring money and realized that transferring money with this online service is much much better compared to others...i strongly recommend other to use this online system.........
Exactly what I needed, I can't believe I didn't start using this earlier, the bank had been ripping me off so bad, this is sooo much better! It's super cheap, the money arrives very fast and we're informed every step of the way, it's actually less of a hassle than with the bank... I can only recommend this service to everyone!
Transferwise has proved to be a very fast and reliable way to transfer money. It really saves quite a few euros and it is actually faster than my own bank. Once you know how to use it it is very, very convenient.
Didn't receive an e-mail to advise me of receipt of deposit. Maybe this is a word thing?I take deposit as meaning a down payment, whereas I think they take it as "total payment". Room for a bit of clarity here. Otherwise, staff helpful on the phone. Transaction took some time, but when explained to me, I think I'm beginning to understand how it works.
It's difficult to buy at a perceived peak because you can't deposit money into their account prior to asking for a purchase, and it takes time to transfer money betwen accounts at the time of purchase.
Having said all that, the exchange worked well for me, and I have received good rates despite the spread of time taken to complete the deal.
I think I have more to learn about all this. That hasn't stopped me telling my friends about TransferWise. Yesterday I received a mail from a friend thanking me for telling her about this service. So that's another two satisfied people!
Everything went so smoothly and they keep their clients so informed and aware of the process that I would rate TransferWise as one of the best services the internet has to offer today.
if i were you i would carry on giving on honest straight forward deal & the rest will take care of itself......it always works!
Used them to pay a bill in Cyprus much cheaper than banks and faster as well, so easy
Service charge of 0.5% is reasonable, but it took one more day to credit my money to my Hong Kong bank account. Also, I sent an email to follow up the situation but received no reply, as if my enquiry was ignored.
I've used TransferWise three times now to send small amounts in Euros. Each time I found the process easy and the recipients received their money by the given time. My bank wanted £25+ each time for this service and they quoted a worse exchange rate, too. This is a rip-off that UK banks collude in; foreign banks seem to be able to transfer money between borders with no such scam. PayPal is easy, too, but expensive, and the recipient needs a PP account. So Transferwise is my choice for small FX sums. With no FSCS protection that I'm aware of I'd be careful of using it for larger sums but for holiday accommodation payments etc. I think it's a no-brainer.
Would that other companies were as efficient and as pleasant to deal with as TransferWise. I had a couple of initial difficulties with my German bank account, and in all the phone calls and emails I exchanged with TranfserWise, service was both very helpful and very courteous. The transfers I have done have been incredibly fast, and very inexpensive. Bravo!
To reply as a company, please log in to your business account.