TransferWise Discount Code [Free Account] Feb 2024
Use Promo Code:
You’ll be pleased to hear you can get a free borderless account with our TransferWise discount code.
TransferWise (recently changed to Wise) specializes in peer-to-peer money transfer services. Since 2011, they have helped thousands of people make safe money transfers between different countries.
What is TransferWise?
Firstly, TransferWise was founded due to the high added fees banks apply to send money abroad. Whilst displaying what seems like fair rates banks often add a markup, resulting in extra costs for the customer.
TransferWise uses a smart new way to allow people to send and receive money safely from abroad without the high fees added by most high-street banks
Throughout the process there is complete transparency, track your money exchange on the TransferWise app or website. Banks can charge up to 5% extra in fees whereas TransferWise works out approximately 8 times cheaper.
In addition, a wide range of currencies can be exchanged, check their website for full details and you can compare how much you’ll save for choosing TransferWise over the banks.
So if you’d like to save even more when sending your money abroad then use our TransferWise discount code link above.
What Are The Benefits?
- Send money abroad 8 times cheaper than using your regular high-street bank.
- Transaction costs are always transparent, unlike some other providers which add a markup to the real exchange rate in addition to their fees.
- TransferWise international payments on major routes from the UK and Europe are delivered within 24 hours – compared to 3-7 days for a regular bank.
- Arrange your transfer online for convenience.
- TransferWise is regulated by the Financial Conduct Authority, just like a UK bank, and trusted by 3 million people around the world.
- Your money is sent directly to your recipient’s bank account.
- Suitable for both business and personal use.
Secondly, TransferWise fees are low. They charge a percent of the transfer amount and a flat fee for certain transfer routes (country combinations).
The TransferWise fees depend on the currencies you are sending to and from. Obviously, certain currencies have variable fees depending on the total amount being sent. Psst, make sure you use our TransferWise discount code!
For example, from GBP to EUR, you will pay 0.35% of the transfer amount with a fee of £0.80. The reverse, EUR to GBP costs 0.5% of the transfer amount with a flat fee of €2.
TransferWise Exchange Rate
Finally, TransferWise converts your money using the true mid-market rate when they receive and process your money. As a result, this means that the TransferWise exchange rate is the fairest, most accurate exchange rate you can get.
Bonus Tip: TransferWise will automatically lock the exchange rate for a specified time frame, from 24 hours for most countries, and 48 hours for several others. As a result, you’re not exposed to exchange rate fluctuations.
Start Saving With Our TransferWise Discount Code
To sum up, TransferWise is a quick and easy way to pay freelancers in different currencies whilst saving on exchange rates.
They do things differently, displaying their fees from the outset. So, customers get the actual exchange rate, using the mid-market rate set.
In addition to this, it takes little-to-no time to send money and the website is clean, simple, and easy to use.
So what are you waiting for? use our TransferWise discount code link above and get a free borderless account.