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Wise
in Money Transfer Services from Wise PLC
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Wise

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SuperMoney Net Recommendation Score +61  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +61, equating to 4.2 on a 5 point rating scale.

+61

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

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Highlights
Community Rating Strongly recommended
Minimum Transfer $1
Transfer Speed (days) 1 day
Processing Fee Range ($) N/A
Processing Commission Starting at 0.45%
Number of Reviews 44

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 (vary by country):

  • Bank accounts.

How long does it take for the money to arrive with TransferWise?

Typically, money will take 1 day to arrive. However, this may vary depending on the amount, destination country, currency, and payment and transfer method.

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 $1,000,000, but this may vary per country.

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 0%
Processing Commission Starting at 0.45%

How much does it cost to send $1,000 to Mexico with TransferWise?

Fees start at $12.95 to send $1,000 to Mexico. However, prices can change depending on the international money transfer payment and transfer methods.

How much does it cost to send $1,000 to India with TransferWise?

Fees start at $12.40 to send $1,000 to India. However, prices can change depending on the international money transfer and payment methods.

How much does it cost to send $1,000 to Philippines with TransferWise?

Fees start at $12.33 to send $1,000 to Philippines. However, prices can change depending on where the money is sent from and the payment method.

How much does it cost to send $1,000 to China with TransferWise?

Fees start at $19.95 to send $1,000 to China. However, prices can change depending on where you are sending the money from and payment methods.

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.

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About Wise

Feature Breakdown

Foreign Currency Transaction Fee 0%
Processing Commission Starting at 0.45%
Maximum Amount to Transfer $1,000,000
Mobile Transfer
Payment Options
  • Credit/Debit Card
  • Bank Transfer
  • Apple Pay
Transfer Speed 1 day
Transfer Methods
  • Personal
  • Bank

Wise Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +61, equating to 4.2 on a 5 point rating scale.

+61

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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