TRANSFERWISE Money Transfer

TRANSFERWISE MONEY TRANSFER

Let's talk a little bit about what this Transferwise is:

TRANSFERWISE COMPANY:

Transferwise is a company that allows you to send money internationally online. It is headquarted in London, United Kingdom, and services many countries in Europe, North America, Asia, and Latin-America. This company was started in 2011 and has continued to gain popularity since its beginning. Transferwise created a way to makes sending money to friends and family overseas, as simple as possible.

What Is Transferwise Used For? 

  • Transferwise's main goal is to allow people an easy and convenient way to send money abroad.
  • They now also offer a Mastercard Debit card which allows you to purchase items in 40+ currencies, so it is great for traveling.

Quick Facts About Transferwise: 

  • Founded in 2011
  • Available in 59 countries, with new ones being added all the time
  • 12 offices around the world
  • Move $4 billion every month for their customers
  • 1900+ employees​

How To Setup and Send Money With Transferwise:

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The basic process is as follows:
  • Register online or in the app
  • Choose the amount you would like to send
  • Add the bank details of the person whom you are sending to
  • Verify your identity
  • Choose your payment method

Is Transferwise Life Changing?:

Honestly, Transferwise could be life changing. It's extremely convenient for families separated by oceans, or military families with deployed family members. It's an easy way to be able to send money using just your phone or computer. It does have competition with many other companies that basically do the same thing though, so for that reason I can't really say that I believe it is life changing. It definitely does change the way we think about getting money to friends and family who are far away though.

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