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The transfer was so simple, everything is shown up front in terms of cost. I like it also as I can do repeat payments so simply. I checked at the other end and the money arrived promptly, given that I have to do this regularly to pay rent and maintenance for my son at Uni, it is saving a fortune in bank costs. So yes I like it a lot.
The costs are transparent and much cheaper than any other option on the market. I've been using it on a monthly rate for a year now and never had any problem. The transfers take less time than what they say.
Not having heard of transferwise I was sceptical as to how the process would work, but to date, having made a few transactions, I am completely satisfied with how this works. Transferwise has also offered far better rates than expected and certainly better than the FX company we have been using to date. My only regret is that we did not find Transferwise sooner....
I am a newcomer to TransferWise, but I will never go anywhere else now for my currency transactions. I just sent £100 to Greece - They received €109 THE NEXT MORNING for a small fee of £8.82. If I and my recipient have time to wait a couple of days, the fee is £1. UNBELIEVABLE? A £1.00 fee, and an excellent exchange rate. You would be mad to go anywhere else. Give them a try. You will not regret it. Julia Collett, Shropshire.
Thrilled with this service. While uk banks in my experience pretend to charge you low fees for an international transfer while in reality charging whopping fees via bad exchange rate, transferwise is commendably transparent. All payments arrived on by the ETA - generally after two working days. Website is easy to navigate.
When I first intended to transfer I was put off by the charge for converting, which is high at £24.88 (I can never understand why charges are calculated as a percentage of the sum transferred as the work involved is exactly the same for whatever amount!) but overall the final figure anticipated to be received was better than my other quotes. In fact they also achieved a slightly higher exchange rate and executed the transfer earlier than quoted.
Used TransferWise twice, both times - extremely fast and reliable service at absolutely best price. The same day service took altogether only 4 hours to get money transferred from my UK bank account to my Estonian bank account. Technically very simple to use. Superb! Thank you TransferWise team!
I have used TransferWise twice and I recommend it for people who don't like the hidden fees that classic bank services charge. With TransferWise, the current market rate is used to convert the currency, and then a standard fee is applied : you know exactly how much you're paying for the service. That's an example that all banks should follow.
The only negative remark I have about TransferWise is that you cannot fix a target rate that triggers the transfer when it is reached.
I used TransferWise several times now and I'm glad to say, that it is the best way so far to transfer money to abroad. It is quick, cheap and the exchange rate is better than anywhere else. Totally satisfied!