Using Transferwise

So Who is TransferWise?

TransferWise is a remittance company offering an alternative way to send money abroad rather than using your bank. By using Transferwise offer a transparent currency exchange service where as an example

On GBP to EUR remittance transfer up to £200, Transferwise will take £1.Which is 0.5% of the international money transfer amount sent.

What is TransferWise pricing?

TransferWise charge a nominal flat fee of £1.00 or the currency equivalent where after a certain threshold, there’s a 0.5% percentage instead.

Percentage fee is 0.5%. Below are the minimum fees and percentage thresholds for pricing level 1 currencies.

• GBP – £1 flat fee on money transfers up to £200.
• Euro – €1 flat fee on money transfers up to €200.
• CHF – 1.50CHF flat fee on money transfers up to 300 CHF.
• PLN – 5PLN flat fee on money transfers up to 1000 PLN
• NOK, SEK, DKK – 10kr on money transfers up to 2000 kr.
• HUF – 300HUF on money transfers up to 60000 HUF.
• GEL – 2 GEL flat fee on money transfers up to 500 GEL.
• BGN – лв 2.00 on money transfers up to лв 400

Can i pay using my debit card to send money abroad? 

TransferWise accept debit cards. You can use your debit card to pay for remittance , Once you confirm your money transfer, one of the payment options will be debit card.

Can I use TransferWise to make business international payments