Any of you using TransferWise?

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  • Shap
    Confirmed User
    • May 2001
    • 8313
    #1

    Any of you using TransferWise?

    I've heard about them for a while but just did some research on them. Interesting company. Doing extremely well and looks like they would be a good fit for this industry. They just got valued at $1billion. Definitely making noise and doing it the right way (giving more back to the customers). Have any of you used them?

    If you haven't heard of them take a look (referral link attached) https://transferwise.com/u/4d2a4
    Tags: None
    • Bladewire
      StraightBro
      • Aug 2003
      • 56228
      #2
      .

      Cool they have an app to transfer money with a 4.6 star rating. I installed it out of curiosity and it's pretty slick!



      They definitely got a good thing going. Richard Branson is a $25,000,000 invester in the company










      .


      Skype: CallTomNow

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        • scarlettcontent
          www.scarlettcontent.net
          • Mar 2006
          • 6031
          #3
          I used them and they are great, saved me lots


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            • Barry-xlovecam
              It's 42
              • Jun 2010
              • 18083
              #4
              Banking is being commoditized.
              • Wire services
              • ACH services
              • P2P lending
              • Kickstarting


              And maybe to become fossilized or with a revised and reinvented footprint -- time will tell.
              Online tellers with cameras and voice (maybe with customer located scanning verification) are possible in the near time future.

              Eventually there may be a worldwide ACH/SEPA like clearing system in answer to these services. I see them as needing to adapt to that as well as the banks.

              Richard Branson has money to burn -- he's probably just speculating with a tax angle.

                Comment

                • NatalieK
                  Natalie K
                  • Apr 2010
                  • 20106
                  #5
                  I looked at their transfer fees & didn't notice much difference between Natwest & my spanish account Sabadell

                  I'd like to hear more about them, considering i'm always transferring money from Britain & Spain.
                  My official site Custom vids Make money & get into the businessFirst time girls
                  Skype: GspotProductions - "Converting traffic into income since 2005"

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                    • Bladewire
                      StraightBro
                      • Aug 2003
                      • 56228
                      #6
                      Originally posted by GspotProductions
                      I looked at their transfer fees & didn't notice much difference between Natwest & my spanish account Sabadell

                      I'd like to hear more about them, considering i'm always transferring money from Britain & Spain.
                      What was the difference between your banks current conversion rate and the TransferWise conversion rate? What was the difference in fees?


                      Skype: CallTomNow

                        Comment

                        • The Porn Nerd
                          Living The Dream
                          • Jun 2009
                          • 19784
                          #7
                          Welcome to the 21st Century: figuring out ways to scrape 0.000000001% from transferring money around.

                          We are all doomed. LOL
                          My Affiliate Programs:
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                            • Shap
                              Confirmed User
                              • May 2001
                              • 8313
                              #8
                              Originally posted by The Porn Nerd
                              Welcome to the 21st Century: figuring out ways to scrape 0.000000001% from transferring money around.

                              We are all doomed. LOL
                              Far from .000001% it's substantial especially on exchange rates

                                Comment

                                • Paul
                                  Confirmed User
                                  • Nov 2002
                                  • 2637
                                  #9
                                  Some of the innovation happening online atm is fantastic!

                                  I'm also a big fan of GoCardless.com, another great idea that saves businesses money

                                    Comment

                                    • The Porn Nerd
                                      Living The Dream
                                      • Jun 2009
                                      • 19784
                                      #10
                                      Originally posted by Shap
                                      Far from .000001% it's substantial especially on exchange rates
                                      Oh I know. I meant in general, the "business" of shuffling money around and taking a slice for doing so.

                                      For this they do a great job. Impressive.
                                      My Affiliate Programs:
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                                        • MiamiBoyz
                                          fgfdftre6
                                          • Oct 2012
                                          • 6690
                                          #11
                                          Originally posted by Squirtit
                                          .

                                          Cool they have an app to transfer money with a 4.6 star rating. I installed it out of curiosity and it's pretty slick!


                                          They definitely got a good thing going. Richard Branson is a $25,000,000 invester in the company




                                          .
                                          I would love to get fucked by Richard Branson...sorry that was off topic but I just had to share that.

                                            Comment

                                            • fappingJack
                                              So Fucking Banned
                                              • Dec 2014
                                              • 2172
                                              #12
                                              theyre awesome. No problem encountered by far

                                                Comment

                                                • NatalieK
                                                  Natalie K
                                                  • Apr 2010
                                                  • 20106
                                                  #13
                                                  Originally posted by Squirtit
                                                  What was the difference between your banks current conversion rate and the TransferWise conversion rate? What was the difference in fees?
                                                  If I was to take out 400euro from a cash machine in Spain using Natwest, about 300 gbp, It would cost 5 or 6 gbp & if I spend 100 dollars in a card payment to the US it's about 1.49 variable.

                                                  It seems the higher the amount the less Natwest charge. They're a good bank, always trying to help.

                                                  Sabadell is a new account, so I haven't made many payments overseas as yet
                                                  My official site Custom vids Make money & get into the businessFirst time girls
                                                  Skype: GspotProductions - "Converting traffic into income since 2005"

                                                    Comment

                                                    • iamBoogieman
                                                      So Fucking Banned
                                                      • Dec 2014
                                                      • 1329
                                                      #14
                                                      Good Money transfer.

                                                        Comment

                                                        • BigFurry
                                                          Confirmed User
                                                          • Nov 2003
                                                          • 1574
                                                          #15
                                                          I can only recommend them.

                                                            Comment

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