Whether you are an Expat, a traveler or even someone buying goods from abroad you have probably needed to transfer money into an international bank account and felt robbed as you walk away afterwards. Not only do you often loose out to poor exchange rates but there is generally a hefty transaction fee on top of the transfer total. If your online bank is like mine it is also a frustrating process of needing to fill in details of the receiving bank including address which if you get wrong can affect the transfer.
Saving you $$$ on Your International Money Transfers
Well worry no longer, Transferwise is here to save the day.
They bring you a very smart online platform which enables you to save up to 90% on transfer fees when compared to your bank, and by following the links in this blog or on this website you can get your first transfer for free….
I used them tonight to transfer some money from my account in New Zealand to an account in Finland and even though I managed to muck up the entering of my name (forgetting to use my full name…) and used an email address that I was having problems with, customer support were excellent and with one quick email and a return phone call, all was rectified.
To find out more check out this page.