TransferWise Review

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Backed by Sir Richard Branson, TransferWise is one of the hottest digital players in international money transfers. The company was born of frustration with one goal in mind, to beat bank fees and bring transparency to overseas money transfers. The two co-founders (one being ex Skype employee number 1) came together with the belief that money should be able to move freely. The company embrace transparancy, offering the mid-market exchange rate, with transaction fees around 0.5% of the amount you are transferring. TransferWise goes as far to say that they offer x10 cheaper rates than the banks. They’re will match any fee and takeaway the headache the banks have been giving you.

TransferWise uses language and highly disruptive marketing tactics to relate to their customers in the hope of exposing the marketing gimmick ‘0% commission.’ Voted by Wired.com one of London’s top 10 startups, Transferwise is breaking through as one of the most clever ways to transfer money between countries.

TRANSFERWISE CURRENCY INFO

Currency Types
Number Currencies supported
Countries supported
From
To
Country
AUD
Australia
EUR
Austria
BHD
Bahrain
EUR
Belgium
BRL
Brazil
CAD
Canada
USD
China
EUR
Cyprus
CZK
Czech Republic
DKK
Denmark
AED
Dubai
EGP
Egypt
EUR
Estonia
EUR
Finland
EUR
France
EUR
Germany
EUR
Greece
HKD
Hong Kong
HUF
Hungary
ISK
Iceland
INR
India
IDR
Indonesia
EUR
Ireland
ILS
Israel
EUR
Italy
JMD
Jamaica
JPY
Japan
JOD
Jordan
KES
Kenya
KWD
Kuwait
LVL
Latvia
LTL
Lithuania
EUR
Luxembourg
MYR
Malaysia
EUR
Malta
MXN
Mexico
EUR
Monaco
MAD
Morocco
EUR
Netherlands
NZD
New Zealand
NOK
Norway
OMR
Oman
PHP
Philippines
PLN
Poland
EUR
Portugal
QAR
Qatar
RON
Romania
RUB
Russia
NGN
Nigeria
SAR
Saudi Arabia
SGD
Singapore
EUR
Slovenia
ZAR
South Africa
KRW
South Korea
EUR
Spain
SEK
Sweden
CHF
Switzerland
THB
Thailand
TRY
Turkey
GBP
UK
AED
United Arab Emirates
USD
USA
Private Clients Include
Corporate Clients Include

TRANSFERWISE PAYMENT INFO

Minimum Transfer Amount
GBP Equivalent
Maximum Transfer Amount
GBP Equivalent
Payment Method
Transfer Fee Structure (Costs)
Telephone Dealing Supported
Online Dealing Supported
Online Dealing Transfer Limit

TRANSFERWISE ACCOUNT INFO

Account Required To Trade
Time opening private account
Time opening corporate account
Segregated Client Accounts

IS TRANSFERWISE SAFE?

Company Established
FCA Number
HMRC Number
Segregated Client Accounts
Awards
Yearly Transactional Volume
Reviewed By
MyCurrencyTransfer.com
Rating
Date Reviewed
2014-08-12
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