Thread: Transferwise
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Old 03-17-2019, 12:36 PM  
ladida
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Quote:
Originally Posted by PamWinterReturns View Post
Now I know the exchange rate varies but they say they use the average rate.

$1,000 usd sent from eu funds is about $875.00. That’s 12.5% approximately so I wonder what the exchange rates are in general. I know they charge a percentage fee but I didn’t find it yet.

A forty dollar order would cost $45 approximately.
What are you writing? 1000usd "sent from eu funds is about 875 USD" ?? What does that even mean.
40 Usd order would cost 45$ ? WTF

I have no idea what you're writing, but transferwise has the best conversion rates you can find. They are transfering at midmarket rate, and depending on currencies you're trading in you have very low fees. There's no 12.5% fee, i have no idea where you got this. Revolut has ok fees, however, they have monthly fee, and their conversions are not set in stone as it's not always clear what they use and what will you get, so i don't like that and because of that, and because transferwise gives you virtual bank accounts, transferwise wins easily. Someone who's just looking for card to draw funds from atm, revolut might be better.
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