TransferWise is a money transfer service launched in January 2011 by Kristo Käärmann and Taavet Hinrikus. Based in the United Kingdom, the service allows users to transfer money between countries and make foreign payments using the
We’re making the world a bit better by helping to make the financial system fair.
When you transfer money internationally, banks and brokers often hide the real cost so you end up paying more in fees than you thought you were going to.
TransferWise is the cheapest and fairest way of transferring money internationally. Using peer-to-peer technology and without any hidden fees, it makes sending money abroad up to ten times cheaper compared to using a bank. At TransferWise, we’re always completely transparent about the total charge and we make that as low as we can.
We’re making sure that it’s our customers that benefit and not the banking system.