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Last Updated: 02/08/2026

Wise

in Money Transfer Services from Wise PLC

Last Updated: 02/08/2026

Strongly recommended46 total votes

35 users recommend

3 users are unsure

8 users don't recommend

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Highlights

Community Rating

Strongly recommended

Minimum Transfer

Transfer Speed (days)

Processing Fee Range ($)

N/A

Processing Commission

Starting at 0.45%

Number of Reviews

Wise Review

TransferWise is a money transfer service company based in London, . It was founded in 2011 and offers money transfers to 65 countries.

TransferWise FAQ

What money transfer methods does TransferWise support?

TransferWise allows you to send money with the following receive options (options vary by receive country):

Bank accounts.

How much money can you send with TransferWise?

Sending limits vary depending on factors such as how the sender is funding the transaction, how the recipient is receiving the money and the destination country or territory. Check the limits that apply to a particular transfer on Wise's website.

What fees and commissions does TransferWise charge?

TransferWise does not charge a flat processing fee. Instead the cost varies depending on the amount you transfer.
There is a processing commission of 0.45%. For example, on a $1,000 transfer you will pay around $4.5. This is just an estimate there may be other fees and commissions to consider.
TransferWise does not charge a currency exchange fee. Instead, TransferWise makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.

Wise Fees

Description

Foreign Currency Transaction Fee

Starting at 0%

Processing Commission

Starting at 0.45%

TransferWise does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. TransferWise does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. TransferWise does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. TransferWise does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

(888) 908-3833

Visit Site

Email Support

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SuperMoney Net Recommendation Score

SuperMoney users strongly recommend this product, giving it a user recommendation score of +59, or 4.2 on a 5-point rating scale.

+59

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Wise Community Reviews

Would you recommend Wise to your friends?

Tsela P.

Apr 20, 2024

May or may not recommend

Stay away from them!!! I was a victim of a scam broker investment they won’t give me access to my account keep asking me for more fee after making payment for the fees no response from them again from my email but luckily enough a colleague introduced me to a consultant maiI: nick jover4 at Gm com , who was able to guide me on step to process and I ...Show More

Katie U.

Dec 30, 2023

May or may not recommend

I have used Wise many times to transfer money to my international bank account. It has proven to be the easiest and cheapest way to transfer money. Wire transfers in general cost way more. Happy with the service!

Abduvali T.

Dec 15, 2022

May or may not recommend

Hi I have alot of money transfer apps but this app very easy and quickly for use

Lisa C.

Dec 1, 2022

May or may not recommend

The fees that are charged by TransferWise are extremely competitive and its debit card is very useful, specially if you travel and deal with several currency at the same time. It's become the bank I use the most.

Mazhar C.

Nov 25, 2022

May or may not recommend

I have been a wise customer for years (formally TransferWise) and have been very happy with the service and ease of use. I was a little unsure during my first transaction as the process requires you send the money to Wise and they then deposit in the destination account. I tested with a small denomination first and it worked seamlessly. I have since transferred and received many large denominations and ...Show More

Emma C.

Oct 18, 2022

May or may not recommend

Anthonia B.

Oct 13, 2022

May or may not recommend

It was a great experience when I had to transfer money back home at, the LOWEST rates. I was happily surprised. Would use it again.

Aunesia N.

Aug 19, 2022

May or may not recommend

There’s many ways to reach customer service if you need to and it’s usually a fast and easy process. Transactions go through smoothly with no problems mostly.

Eden G.

Aug 16, 2022

May or may not recommend

I am so glad that my sister recommended Wise to me. I have use different money transfer companies like wester union, remitly and xoom…and WISE is by far has the most competitive exchange rate plus the fee is very low especially if you use your bank account to use as payment.

Muhammad A.

Jul 23, 2022

May or may not recommend

I have had to transfer funds internationally when traveling with friends from other countries. I wish I had this tool then!

Uena M.

Mar 10, 2022

May or may not recommend

Wise has been the best way to send money abroad. I use the site at least twice a month for the convenience of sending money and the speed with which the service is provided. And they have one of the best rates and values on the market. I have been transferring money through Wise for over 7 years.

Natalie L.

Mar 10, 2022

May or may not recommend

I am so happy with Wise! Their customer service is great and they are upfront about their fees. They are always very fast and reliable, and I would highly recommend them to anyone.

Becca -.

Feb 23, 2022

May or may not recommend

I have now used Wise several times now to move money, and it was done in an efficient manner and safely. I have personally saved a LOT of money that I would have lost otherwise due to exchange fees. Who wouldn't want to save money?? Customer service is also amazing and provides quick and helpful answers every time I contact them!

Samuel W.

Feb 22, 2022

May or may not recommend

This service is wonderful. They are very upfront about their fees, which are not bad at all compared to other similar services. The transfers are always very fast and reliable. Ive never had a problem with the service and I highly recommend it to anyone.

Miriel P.

Feb 17, 2022

May or may not recommend

Wise (formerly TransferWise) is the golden child of money transfer services for me. I've never had any problems with them, and their transfers are cheap, fast, and reliable. Usually it's a "pick two" type of deal, but Wise has never let me down in any of these categories. It also offers a virtual debit card which I could see being very helpful for some customers. The only downside is that ...Show More

Jillian O.

Feb 17, 2022

May or may not recommend

Probably one of the top, most underrated money transfer services out there. Never have experienced an issue and they aren’t hiding anything. Very upfront.

Joel N.

Dec 21, 2021

May or may not recommend

I use TransferWise to transfer money overseas to friends and family. I have to say this is a whole lot cheaper than a bank transfer. The company is reliable and I would highly recommend this company to anyone looking to transfer money overseas.

Larissa F.

Oct 9, 2021

May or may not recommend

I love this money transfer tool it is honestly amazing, specially with me having family and friends out of the country I can always count on their services.

Natasha K.

Sep 14, 2021

May or may not recommend

I absolutely love Wise money transfer. My friends and I use it all of the time and I can happily say that it is super easy to understand and is a very reliable company. No hassle, no problems.

Emily A.

Aug 27, 2021

May or may not recommend

I have had to transfer funds internationally when traveling with friends from other countries. I wish I had this tool then!

Showing 20 of 46 reviews