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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.

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Transferwise Review Good Points

  • Very cheap and competative exchange rates
  • Simple sign up process
  • Backed by some serious investors including Richard Branson

Transferwise Review Bad Points

  • No advice or strategy for large transactions
  • No phone support
  • You can only convert at market, no different order types

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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Transferwise
Average rating:  
 3 reviews
by Luke Bebbington on Transferwise
Amazing
Online Platform (out of 5 stars): 5
Customer Service (out of 5 stars): 5
Fees & Pricing (out of 5 stars): 5

Great app, great rates, super fast.

by Bulent on Transferwise
Don't use anything else
Online Platform (out of 5 stars): 5
Customer Service (out of 5 stars): 5
Fees & Pricing (out of 5 stars): 5

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

by Nick on Transferwise
Personal usage review
Online Platform (out of 5 stars): 5
Customer Service (out of 5 stars): 5
Fees & Pricing (out of 5 stars): 5

Simple and easy to use for any FX.


  • Online Platform 5/5

  • Customer Service 5/5

  • Fees & Pricing 5/5

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