Transferwise Review: Transferwise offers fixed price mark-ups on international money transfers. TransferWise transparently displays its fee upfront and deducts it before conversion. No nasty surprises. TransferWise then uses the mid-market rate, independently provided by Reuters without any markup. The exchange rate is guaranteed as long as TransferWise receives your money within 24 hours.
Transferwise Customer Reviews:
Read Transferwise customer reviews and see what they have said about the service, pricing and currency transfer offering.
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Appalling! No matter if you are a long time customer, their verification methods are a joke! They've been holding a transfer for over 3 days after taking my money, because they can't read the passport in the selfie they request as verification. If your doc is small or laminated, you don't stand a chance to be verified. My mortgage payment is at risk of default because Transferwise is holding my money, which is an illegal practice. I requested cancellation of the transfer and they said it is going to take 2 days to get it back. Which makes it a week without being able to access my own money. DO NOT USE TRANSFERWISE. Their customer service is appalling, treating long time customers as potential criminals, after they've been profiting from my money for years. STAY AWAY FROM THEM!!!
Great app, great rates, super fast.
Best exchange rates in the market, updated in near real time, with a stable and intuitive digital platform. The free international Bank accounts are handy, also. Would never consider using anything else for exchanging currency, this is the best value there is.
- Online Platform: 5/5
- Customer Service: 5/5
- Fees & Pricing: 5/5
Simple and easy to use for any FX.
- Online Platform 5/5
- Customer Service 5/5
- Fees & Pricing 5/5
Transferwise Alternative Currency Transfer Providers
| Currency Broker | Who are they? | What do they offer? | CEO Interview | More Info |
|---|---|---|---|---|
 | Currency broker OFX have transferred over £78b in currency conversions for 1 million customers around the global. They have a network of 115 global banking patterns, offer over 55 currency pairs, are regulated by over 55 global regulators and offer 24/7 customer service. | OFX offer personal and business currency brokerage with zero commission. They offer same-day payments and forwards online or over the phone with 80% of all major currency transfers processed in 24 hours. |  Read Sarah Webb Interview | Get A Quote Compare Quotes |
 | Currencies Direct have helped more than 325,000 customers move money internationally since they were founded in 1996. With them customers can transfer 40+ currencies to 120+ countries. They have more than 20 global offices and employ over 500 currency experts. | 24/7 transfers online, over the phone and by app No transfer fees Personal currency expert Spot and forward contracts, limit orders and rate alerts Specialist business transfer services and risk management solutions | Get A Quote Compare Quotes | |
| TorFX have been connecting their customers with great exchange rates and no transfer fees since 2004. They’ve won the Moneyfacts Consumer Award for International Money Transfer Provider of the Year five times (2016 – 2020) and have also won the Best Customer Service award four times (2016, 2017, 2019 and 2020). They have a five-star ‘Excellent’ TrustScore on Trustpilot. | Dedicated account management The ability to transfer over the phone, online or by app Great exchange rates and hidden fees Tailored transfer services Free market updates |  | Get A Quote Compare Quotes | |
 Linear Int Payments | Linear International Payments is a currency broker that cater primarily to large currency transfers and conversions. Personal service and expert advice. | Online : Phone: Forwards: Same_Day: Options: Currencies:40+ Min_Transfer:£1,000 |  Read Mark Phipps Interview | Compare Quotes Linear Reviews |
 | Ram FX specialise in personal service for corporates, funds, family offices and high net-worth currency brokerage for individuals. | Online : Phone: Forwards: Same_Day: Options: Currencies:10+ Min_Trade:£1,000 |  Read Mark Henry Interview | Compare Quotes Ram FX Reviews |
 | Assure Hedge specialise in online OTC FX Options for hedging | Online : Phone: Forwards: Same_Day: Options: |  Read Barry Mccarthy Interview | Compare Quotes Reviews |
