Transferwise, how does it work?
There are different ways to transfer money. Transferwise is a fast and convenient operator not to be missed!
Searching for the best option to pay for performance enhancement products can become a real headache. That's why we present to you Transferwise, one of the best current solutions for transferring your money.
WHAT IS TRANSFERWISE?
Transferwise is a platform for sending money. The fees are significantly lower than those charged by banks, Western-Union or Πg. You will therefore have every interest in favoring this operator for your order on our site.
You should know that banks take about 8% commission on your transfers abroad, which is significant! Not only do they charge transfer fees, but they also charge currency exchange fees, which can end up being quite expensive…this is not the case with Transferwise.
HOW DOES SENDING AND RECEIVING MONEY WORK?
To use Transferwise, it's very easy. This service offers various services which are presented in a very clear manner. We have listed some of the steps involved in using Transferwise below.
Send money via Transferwise, the different steps:
- Sign up or sign in if you already have an account : enter your details, or connect via your Facebook or Google account.
- Enter the desired type of transfer: the amount, the means of payment, and the recipient (the one indicated to you when confirming your order).
- Then choose how you want to transfer the money with Transferwise: by bank transfer, with a credit card or through the app. And send payment to us.
- Once your payment has been sent, please send us the payment confirmation form below.
- It's finish ! You will be informed of the status of your transfer regularly. Your order will be validated in less than 48 hours (excluding weekends)!
Confirm a payment:
Error: Contact form not found.
How to use Transferwise:
Video in English: https://www.youtube.com/watch?v=yai_ipibIsA
Video in French: https://www.youtube.com/watch?v=uPK1aAG2XPU&feature=youtu.be
Video in Italian: https://www.youtube.com/watch?v=xR48dlmr7K4
Video in Spanish: https://www.youtube.com/watch?v=2Bpkv7EW0-s
Thanks to Transferwise's multi-currency account, it is possible to provide RIB in Pounds Sterling, Euro, Australian Dollar and US Dollar.
Once the person who is to make the payment has the RIB, they can transfer money to the Transferwise account from their own bank account if they wish. The money will appear in the account as soon as it is credited, it will depend on the conversion to be made, some currencies may take longer to be credited than others.
If the transfer has to be made in another currency, no problem! The person who must send the money will in this case have to connect to his own Transferwise account and it is he who will then carry out all the steps indicated in the paragraph dedicated to the transfer of money.
Transferwise is also a set of additional features, little extras which are very pleasant and which make the use of this service easier than ever.
WHAT IS THE COST OF THE SERVICE PROVIDED BY TRANSFERWISE?
It is possible to choose one of the 3 payment methods: the economic transfer which is the cheapest, the rapid transfer which will favor the speed of execution over the economy, and the easy transfer.
Transferwise is one of the most transparent operators about its pricing because users know exactly how much the transaction costs before they commit. Prices change over the months depending on the costs imposed on the company.
IS TRANSFERWISE A SAFE SERVICE FOR SENDING MONEY?
Transferwise is considered to be one of the most trusted companies for money transfer. User reviews are excellent, and we quickly realize that this is not the case with all sites offering this type of service! The Trustpilot site allows user reviews to be checked, and Transferwise is found to be highly rated in terms of reliability. See the reviews
It is possible to make money transfers easily through Transferwise, but there are limits. Indeed, you cannot send just any amount and that's good! Even if the service is very secure, this additional precaution allows you not to take any risk. Site FAQ regularly lists the ceilings applied to transactions, currency by currency.
Fund your Transferwise account
To credit your Transferwise account, it is possible to go through a bank transfer from the current account that you usually use. You can also credit the account using your bank card. And of course, the account balance may increase if other people transfer money to our Transferwise account.
TRANSFERWISE: THE MOST FREQUENTLY ASKED QUESTIONS
Uninitiated users ask themselves several questions before taking the plunge, and they're right. In the following lines, we try to answer the most important of them. You can also consult the site's FAQ which is regularly updated and which provides answers to the latest questions from users.
In which country can Transferwise services be used?
Transferwise allows you to issue money transfers to all countries in the SEPA zone. Funds can also be received from these same countries. Thanks to Transferwise we can also issue payments to the UK, US, Australia, Hungary, India, Poland, Austria, Canada and New Zealand, among others.
What are the currencies that can be used?
Transferwise is fully capable of sending, receiving and converting currencies. The main currencies concerned are of course the euro but also the pound sterling, the American dollar, the Australian dollar, the Canadian dollar, the Swiss franc, the Swedish krona, the Norwegian krone, the Hungarian forint, the Bulgarian lev, etc. You will understand, almost all currencies are supported by Transferwise.
How long does the money transfer take?
How long does a transfer take on Transferwise? Technically, the process is completed between one and four business days. However, it should be understood that the total duration of the transfer depends on the currency, the selected payment method or the moment when the transfer request is made (weekdays, weekends, holidays, etc.) . In addition, money sent by the sender can only be received during bank opening hours.
Is there a possibility of reimbursement?
If you ever wish to cancel one of your current transfers, please note that it is possible to cancel it. As long as the transfer is not validated, Transferwise is able to refund your funds to you. To request a refund, simply go to the page of the transfer in question and press the "cancel transfer" button.
How to cancel?
We have already answered this question in the section above. To cancel a transfer in progress, all you have to do is go to the transfer page and click on the button provided for this purpose.