I've used TransferWise twice and it worked perfectly both times. I've transferred money from Portugal to the UK (via a SEPA transfer from the account in Portugal to an account in Estonia) and the money was in my UK account the day after I made the transfer. My bank would always take 5 working days to make a transfer, and would charge me fees, taxes, and whatever conversion rate is more convenient for them. With TransferWise it's all transparent and fast. Excellent service!
Best website I found through moneysupermarket - these people cannot do anything wrong and what more my bank in France does not charge me to accept the money which they used to when I used other money transfer website and the handling fee is the lowest ever compared to others
I have been lookig for a while for a convenient way to transfer money from Itay to Uk for my children who are there at university and school. Money transfer is one of those financial services where you end up paying quite some money for fees which you only find out at the end of the operation and when you look at the conversion rate you feel you have been ripped off.
Transferwise is different because it makes people who want pounds for euros and those who want euros for pound meet and exchange the money at mid market rate. No banks or other financial services do that. You only pay a small fee for the service.
It is a peer to peer service and what they do is make peers meet.
You have got to trust the service, because you send your money in a remote bank in Estonia and the first time you do it you feel unsecure, but it is fine, I had a look at the reviews around, no complaints and yes, it does really, revolutionary, work.
I sent a payment through to the US on Thursday for the first time. I got the best rate I have EVER received for Dollars and matched the spot rate at the time. My request was matched in less than 30 minutes and in my account by the end of the next day in the US. I won't use anything else ever again.
Transferwise has really helped me for my studies abroad! I had no solution to transfer money from my parents in France to where I am studying in Scotland other than very expensive bank transfers... But then Transferwise appeared, and saved me! :)
My recent money transfers to France, we're exceptionally quick and easy with TransferWise, the current middle market rate given is far better than any bank, and also most of the FX specialists I have used in the past. Finally the minimum cost for this service (£5), is great value. Whilst this service remains as good as it is, I shall continue to give them my business.
This is the second time I have used TransferWise (after previously using Moneycorp) and I am happy to use this service going forward. Invariably, I don't need to have an instant currency exchange so the one day wait until the currency is converted poses no problem whatsoever. The savings are real and the process straight forward.
Envie 3.000 libras a Espanya desde UK y me aplicaron el cambio oficial en ese momento mas unos costes de 14 libras aproximadamente. Anteriormente utilizaba mi banco (Lloyds) con un coste muy superior y una tasa de cambio bastante peor. La transferencia estuvo en mi banco de Espanya (Bankia) en un par de dias. Estoy muy contento con el servicio. Sigan asi.
TransferWise is simple to set up and easy to use, but best of all it gets you more for your pound - essential if you are making regular transfers such as your monthly pension. So glad I found this company - it makes my money go further each month!
Have used TransferWise twice now and both times I got very good rates, my only reservation is that it takes a little longer to receive the funds and you cannot be sure of the rate you will receive (unless you are willing to pay extra) , having said that the rates I received were much the same as I had anticipated but it could prove to be a problem if the pound suddenly fell. You would however, benefit if the pound strengthened between the time of requesting the funds and the transfer.
Much better rates than through the very reputable and well known FX company I had used in the past.
I shall continue to use TransferWise and have no hesitation recommending them to my friends
Outstanding service from TransferWise. I save 10-15euros / transactions which means a lot to my business! The customer service is faster than the Ferrari team in the pit stop!
Some improvement would be made in the receipts at the end so it become perfect!
This website is really helpfull for me. I could give 5 stars but I had a big trouble with my bank account the first time I use Transferwize. They block my debit card ... I do not really know why ...
Hope the website will be bigger, faster, cheaper if possible in the future...
A french guy in london
The attractive look of the site, with its promise of value, drew me in. Things went well enough to begin with, but then I found that the software set-up was was about to take 1000 into the new account. Yikes!!
I started again, got through the calculating process, only to find, later, that they had taken their charges out of the ammount I needed to send, and once or twice had tried to charge me more (for faster service, and for getting a currency conversion done). All this was rather frustrating for a novice like me. Let your price *be* your price, please; clarify, and separate the charge (your commission) feature on the screen with better graphics.
At the end of the day, Transfer Wise gave great value; and the money got there fast.
I will continue to use them, and hopefully I will get less stressed-up by their charging systems in future. Heres to the next time round, fine people!
I used it twice already and had no problems. Payment is carried out in 2-3 days maximum at a good exchange rate. There are a few steps to follow before the payment is executed and this could "scary" a bit about complexity, but in fact the whole mechanic is pretty straightforward and they follow you literally step-by-step.
Didn't try their Customer Service, as I didn't have any problems yet, so can't express an opinion about that.
Sending money abroad was always a really overpriced transaction until now. Finally someone came up with a good idea how to make it cheap. It's easy, delivers what is promised - often sooner than promised! It is totally transparent which is way better than any bank ever could be.
I strongly recommend to use it!
To reply as a company, please log in to your business account.