NRI – Why Should i choose Transferwise for Remittance ?
TransferWise is an entirely new way to transfer money abroad
TransferWise was co-founded by Skype’s first-ever employee and has attracted over $91m investment from Andreessen Horowitz, Sir Richard Branson and the co-founders of PayPal, Peter Thiel and Max Levchin.
TransferWise has developed new technology that gives people a much cheaper, easier and faster way of transferring money abroad.
TransferWise is based on a peer-to-peer model, which gives people access the real mid-market exchange rate. This helps them avoid traditional banking fees altogether – this is an industry first. TRANSPARENT
TransferWise is always transparent about its pricing
When a bank says 0% or ‘free transfer’, it doesn’t really mean free at all (the bank or broker will still be taking a cut on the exchange rate). TransferWise always gives customers access to the official mid-market, interbank exchange rate. We clearly present all its costs upfront before you make a transfer. LOW COST TransferWise lets people transfer money abroad at the lowest possible cost
TransferWise’s entirely new method for sending money abroad means it can’t be beaten on price. Typically, TransferWise is ten times cheaper than using your bank. For instance, it charges just £1 for every sterling pound sum under £200 transferred into euros.
TransferWise has a best price guarantee. If a customer can send us proof that – when all the costs are considered – another company is charging less than us, we’ll beat their price.
TransferWise’s founders came up with the idea to save themselves money; they built the business to help everyone else do the same.
Customers have transferred £3bn using the platform – an approach that has put over £135m back in their pockets. TRUSTWORTHY & CREDIBLE Customers send millions of $$$ a day through TransferWise
TransferWise is fully authorised by the UK’s Financial Conduct Authority (FCA).