in Money Transfer Services from TransferWise

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in Money Transfer Services from TransferWise

SuperMoney Net Recommendation Score 0% 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.

Mostly recommended

4 users recommend
0 users are unsure
4 users don't recommend
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Community Rating Mostly recommended
Transfer Speed 1 day
Processing Fee $3
Processing Commission 1%
Minimum Transfer $1
Number of Reviews 8

TransferWise Review

TransferWise 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.
TransferWise Fees
Processing Fee $3
Processing Commission 1%
International Transfer Fee N/A
International Transfer Fee ($) N/A
Processing Commission Range N/A
Processing Fee Range ($) N/A
Premium Processing Fee N/A
Foreign Currency Transaction Fee 0%
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About TransferWise

Feature Breakdown

Foreign Currency Transaction Fee 0%
Processing Fee $3
Processing Commission 1%
Maximum Amount to Transfer $49,999
Mobile Transfer  
Payment Options
  • Apple Pay
  • Bank Transfer
  • Credit/Debit Card
Transfer Speed 1 day
Transfer Methods
  • Bank
  • Personal

TransferWise Community Reviews


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