in Money Transfer Services from TransferWise
Mostly not recommended
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TransferWise ReviewTransferWise is a money transfer services company based in London, . It was founded in 2011 and offers money transfers to 8 countries.
What money transfer methods does TransferWise support?
TransferWise allows you to send money to the following destinations:
- Bank accounts.
- Personal transfers without the need of a bank account
How long does it take for the money transfer to arrive with TransferWise?
Typically, money transfers will take 1 day to arrive. However, this may vary depending on the amount, currency, and destination.
How much money can you send with TransferWise?
TransferWise does not have a minimum transfer amount.
The maximum amount you can send per transfer is $49,999.
What fees and commissions does TransferWise charge?
- TransferWise charges a flat fee of $3.
- There is a processing commission of 1%. For example, on a $1,000 transfer you will pay around $10. 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.
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