As far as I know, they have the widest range of currency accounts and it's very easy to use normally. Review collected by and hosted on G2.com.
All is fine as long as you don't actually listen to their emails, any direct advice they give you needs to be double checked, especially when it comes to automatic transfers.
Also, their charges are becoming eye watering if you transfer a lot of money globally. Review collected by and hosted on G2.com.
Transferwise sends email updates on when the money has intiated and when it would hit the bank. Review collected by and hosted on G2.com.
None that I can think of. Its out HR or Finance team who mainly use them Review collected by and hosted on G2.com.
The process for transfer is simple and informative. The exchange rate is displayed and the approximate time needed for transfer to occur. Review collected by and hosted on G2.com.
No negative occurrences have been found or experienced Review collected by and hosted on G2.com.
Being able to schedule a payment - don't have to worry about late payments. Review collected by and hosted on G2.com.
Nothing very impacting that I can think of but probably additional integrations for other platforms like PayFit. Review collected by and hosted on G2.com.
We can use transfer wise any any country without having any physical presence. I used it in UK region, wherein it's not easy to open a bank account from other countries due to huge documentation requirement. Transferwise made it easy to collect and remit payments. Review collected by and hosted on G2.com.
Sometimes, payment processing gets delayed asking for income proof etc. which is not feasible and charges may be high at times. Review collected by and hosted on G2.com.
Quick payment and low fees. Payment gets to your bank account with very low fees compared to other options. Review collected by and hosted on G2.com.
Sender needs time to set up on his/her side. Review collected by and hosted on G2.com.
BEWARE!! This company commits fraudulent theft of its clients money . 4 months ago they stole $30,000 of my money and will not return it. We are now liaising with legal enforcement agencies against the company Review collected by and hosted on G2.com.
Theft of your money that clients deposit with them Review collected by and hosted on G2.com.
Good solution to send money abroad to tons of currencies – but can become expensive though. Review collected by and hosted on G2.com.
The flexible fee – the more you send, the more you pay. Review collected by and hosted on G2.com.
Nice user interface, good support, easy setup Review collected by and hosted on G2.com.
Would benefit from a live chat, it is frustrating that their costs to hold certain currencies frequently change
We had to move a huge number of EUR from their account at short notice because they were about to start charging us a lot for holding them Review collected by and hosted on G2.com.