Wise (ex TransferWise)

Wise (ex TransferWise) Software


Company Name:

About: TransferWise is a money transfer service allowing private individuals and businesses to send money
abroad without hidden charges.
Headquarters: London, England, United Kingdom.

 
  2024-01-16

Wise ex TransferWise Overview


What is Wise ex TransferWise? The Wise app is a global money transfer and spending platform that allows users to send, spend, convert, and receive money internationally. It is used by over 13 million people and businesses in more than 170 countries. The app is 8x cheaper on average than leading UK banks and offers faster money transfers.



Features


- Cheaper and faster money transfers to over 80 countries

- Real exchange rate for every money transfer with a super-low fee

- 50% of transfers are instant or arrive within an hour

- Secure transfers with two-factor authentication

- Debit card to spend or withdraw money in more than 200 countries

- Auto-conversion of currency with the lowest possible price

- Freeze and unfreeze card and update virtual card

- Real account details including UK account number and sort code, European IBAN, US routing and account numbers, and more

- Use account details to get paid in multiple currencies for free and for direct debits

- Instant push notifications for every transaction

- Hold 50+ currencies and convert between them instantly

- No monthly or maintenance fee to keep money in the account in most cases

- Better business account for going global

- Pay invoices and bills faster at a better exchange rate

- Use account details to get paid by clients and customers around the world

- Connect to supported platforms like Amazon, Stripe, Xero, and more

- Regulated by the FCA in the UK and other authorities around the world

- Send from and to multiple currencies including GBP, EUR, USD, AUD, BGN, BRL, CAD, CHF, CZK, DKK, HKD, HRK, HUF, JPY, NOK, NZD, PLN, RON, SEK, and SGD.



Official Screenshots


         


Product Details and Description of



The international account Join over 13 million people and businesses, in more than 170 countries, who use Wise to send, spend, convert, and receive money internationally. Wise is for anyone — travelers, immigrants, freelancers, organisations — whose money crosses borders. We’re 8x cheaper on average than leading UK banks. And a lot faster, too. — Cheaper and faster money transfers — • Send money to over 80 countries • For a super-low fee, you get the real exchange rate, like on Google, for every money transfer • 50% of transfers are instant or arrive within an hour • Secure your transfers with two-factor authentication — A debit card to spend worldwide — • Spend or withdraw money in more than 200 countries • If you don’t have the local currency, we’ll auto-convert what you have with the lowest possible price • Freeze and unfreeze your card, and update your virtual card whenever you like — Get paid with real account details — • Get your own UK account number and sort code, European IBAN, US routing and account numbers, and more. As if you had local bank accounts around the world. • Use these account details to get paid in multiple currencies for free, and for direct debits • Keep up-to-date with instant push notifications for every transaction — Hold 50+ currencies and convert between them instantly — • No monthly fee and no maintenance fee to keep money in your account, in most cases • Convert between currencies instantly, at the real exchange rate, for a super-low fee — A better business account for going global — • Pay invoices and bills faster, at a better exchange rate • Use account details to get paid by clients and customers around the world • Connect to supported platforms like Amazon, Stripe, Xero, and more Wise is regulated by the FCA in the UK, and by other authorities around the world. Your money’s safe with us. Send from: GBP (British Pound), EUR (Euro), USD (US Dollar), AUD (Australian Dollar), BGN (Bulgarian Lev), BRL (Brazilian Real), CAD (Canadian Dollar), CHF (Swiss Franc), CZK (Czech Koruna), DKK (Danish Krone), HKD (Hong Kong Dollar), HRK (Croatian Kuna), HUF (Hungarian Forint), JPY (Japanese Yen), NOK (Norwegian Krone), NZD (New Zealand Dollar), PLN (Polish Zloty), RON (New Romanian Leu), SEK (Swedish Krona), SGD (Singapore Dollar) Send to: EUR (Euro), USD (US Dollar), GBP (British Pound), AED (UAE Dirham), AUD (Australian Dollar), BDT (Bangladeshi Taka), BGN (Bulgarian Lev), BRL (Brazilian Real), CAD (Canadian Dollar), CHF (Swiss Franc), CLP (Chilean Peso), CNY (Chinese Yuan), CZK (Czech Koruna), DKK (Danish Krone), EGP (Egyptian Pound), GEL (Georgian Lari), HKD (Hong Kong Dollar), HRK (Croatian Kuna), HUF (Hungarian Forint), IDR (Indonesian Rupiah), ILS (Israeli Shekel), INR (Indian Rupee), JPY (Japanese Yen), KES (Kenyan Shilling), KRW (South Korean Won), LKR (Sri Lankan Rupee), MAD (Moroccan Dirham), MXN (Mexican Peso), MYR (Malaysian Ringgit), NOK (Norwegian Krone), NZD (New Zealand Dollar), PEN (Peruvian Nuevo Sol), PHP (Philippine Peso), PKR (Pakistan Rupee), PLN (Polish Zloty), RON (Romanian Leu), RUB (Russian Rouble), SEK (Swedish Krona), SGD (Singapore Dollar), THB (Thai Baht), TRY (Turkish Lira), UAH (Ukrainian Hryvnia), VND (Vietnamese Dong), ZAR (South African Rand)




Top Reviews

By Dr. Alec Harvey

Exceptionally effective way to manage funds internationally

I did quite a bit of research into money transfer apps and platforms and TransferWise seemed to meet all my needs. I opened a Borderless account and have now used it to make several transactions—moving funds between various onshore accounts and converting between currencies. Unless I’m missing something, the platform, the process and the app all work flawlessly. With just a few clicks my money is moved into my Borderless account in one country, converted from one currency to another, and moved into an external account in a different country. The fees are low and I get the forex spot rate not some 5 or 6 pt spread between buying and selling that pays criminally high broker fees; I’ve saved literally hundreds of USD on one transaction alone. With some platforms you pay more to get an easy process; with others the cost is low but you have to jump through a lot of hoops. TransferWise is that rare situation where the process is easy AND the cost structure is low. I love it, easiest 5-stars I’ve given in a long while.

By MPS71717373

Quick and easy

I’ve used the app 6 times over the last 5 months the send money from the US to Thailand. 5 of the 6 times the money was sent within hours of them notifying me they had transferred the money to my account. On the 6th time there was a delay of about 24 hours which is still quite fast. I would like to add that the notification/receipt they send is based on their bank setting up the transfer. However, that bank my still take some time to actually transfer the money. In my case the first 5 transfers happened within an hour or so of the notifications being sent. The delay on the 6th transfer had me initially concerned. I contacted my bank and the transferring bank and both said the transfer could take up to 7 days based on the banks policies. If you don’t see the money right away after you get the notification/receipt it might take a day or two for the transfer to complete. Best regards.

By OzzieMBL

Wow

Honestly this is my first ever review for any sort of application. Like most people I was skeptical about Transferwise. At first I could not believe how insanely low conversion fees were and that I was getting a really great conversion rate. I got my borderless debit not too long ago and I still can't believe how convenient it has been. I currently go to medical school in México and my tuition is priced in pesos. I used to use Xoom and before that Western Union. Both charge an arm two legs plus the currency exchange rates are extremely horrible. The problem with those services is that they tack on another $5 dollars or more and I have to be carrying cash. That exposes me to more risks such as robbery, extortion, sequestration, death, etc... Also some places don't always carry what one sends... The borderless account allows me to safely carry money, in several currencies, which gives me peace of mind. There exists no other service that I would use. Why get ripped off when traveling?





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