Send Money
with TransferWise


TransferWise is one of the biggest online money transfer providers with large coverage and great rates.

About TransferWise

TransferWise is an online money transfer service, which lets you transfer money up to eight times more cheaply than with a bank. It works by bypassing pricey international payments entirely through using two local transfers instead of one online international transaction

TransferWise was founded in 2011 in London and Estonia and now has 12 offices around the world. It is available in 71 countries and covers 1300 currency routes.

What We Think About TransferWise

pros

 Safe
Regulated in Singapore and different parts of the world it operates
  Cheap
Up to five times cheaper than sending money through banks in Singapore
 Fast
International payments on major routes are delivered within 24 hours compared to 3-7 days for a bank
 Transparent
Costs are always transparent and there are no hidden fees as you can check pricing upfront
 Easy
Provides multiple payment options such as bank transfer, credit or debit cards with money being credited directly to the recipient's bank account

cons

 Limited
You can only make transfers to a bank account
 Cap
Larger transfers can be limited
 Accessibility
Customer service through a phone line is not available in some countries

How Do I Get Started with TransferWise?

step 1
Register for a Free Account
step 2
Input an Amount for Sending
step 3
Add Your Recipient's Bank Details
step 4
Verify Your Identity
step 5
Pay for Your Transfer

Credibility

In Singapore, TransferWise is regulated by the Monetary Authority of Singapore (MAS), and just like large banks and financial institutions, verifies its users to protect against fraud and money laundering. It's regulated in different parts of the world where it operates - FCA in the UK and European Economic Area (EEA), Australian Securities and Investments Commission (ASIC) in Australia, et al. You can see more information here.

Customer Reviews

So far so good experience With them. Excellent conversion rate with reasonable fee. New user gets free transfers too, thank you! Staff is tactful, professional and prompt too. Although many said no local phone for support, my emails get responded within a day for working days (do consider for different time zones), and if there's problem, it gets solved quite promptly. Refunding works well too. Recommending them at any time now, keep up the good Work!

Found it easy and cheap to send money to India. Better rates than most banks. Can see the difference for big amounts. Smaller amount (200-300 sgd) banks are still good.

Like Send4x, TransferWise is dedicated to making the process of money transfer seamless and easy. Transferwise is one of the many providers found on Send4x that offers competitive rates for money transfer.

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