The rates offered by Transferwise is not guaranteed and charges very high fee. Other competitors in Canada (TransFast and Remitly) offer slightly lower exchange rate. But their rate is guaranteed and without any fee. So, the final amount received via competitors is higher than Transferwise. Transactions take 3-4 days to complete which adds a lot of uncertainty to the exchange rate. Charges for card payment is also very high compared to the competitors.
Transferwise is by far the cheapest way to transfer money to other countries. When you get the grip, it is highly addictive. I miss some countries, but Rome was not build in one day, so I will try to stay patience
Had a problem, contacted support, they got back to me within the hour, solved the problem. Well done guys! I've officially changed my rating to 5 stars 😊
Not always faster than conventional banks but a little bit cheaper and I am happy to don't contribute to give more money to the banks by bypassing them thanks to this platform ;-)
I like it. It worked for me the first time. But now when I try to update recipient info with ID. I get a message that"Controller is already destroyed" any answers??
The verify on this app is crap..try to send money but cant get passed this point... paypal might cost more but less trouble..
- Bug fixes and improvements
- Use Android Pay to pay from British Pounds (GBP)
Note: If you have apps that draws over other apps (for e.g. to change screen colour etc.) please pause/disable them when you use TransferWise (as they may compromise your security).
Thanks for your feedback! TransferWise Android team
Send money, pay bills, and reload prepaid phones around the world in seconds.