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Transferwise and alternatives?

Discussion in 'Payment Processing' started by jainy25, Jul 21, 2016.

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  1. #1
    So I am sure some of you must have heard of transferwise, and probably used it too. I have used it as well. Previously, it used to be insanely fast with the transfers. Since the Brexit, they seem to be struggling. I have had my payments stuck for like a week or more now... I do assume it is due to Brexit. Anyone has any other ideas about it?

    Any alternatives to them that are still doing bank transfers globally within 2-4 days?
     
    jainy25, Jul 21, 2016 IP
  2. jashsayani

    jashsayani Active Member

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    #2
    I know about TransferWise because a16z is an investor. For small transfers, use something like Xoom (owned by PayPal). For larger amounts, use SWIFT transfers (they cost a little money but are fast).
     
    jashsayani, Jul 31, 2016 IP
  3. fionix

    fionix Well-Known Member

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    #3
    Isn't it possible for you to use simple SWIFT or IBAN bank transfer from your bank account?
     
    fionix, Aug 2, 2016 IP
  4. CEOAhmedGYARO

    CEOAhmedGYARO Banned

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    #4
    never used or heard of transferwise
     
    CEOAhmedGYARO, Aug 3, 2016 IP
  5. Ben Frost

    Ben Frost Greenhorn

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    #5
    I found a list of good alternatives to transferwise below. I went with World First because of their multi currency receiving account option.

    https://www.icomparefx.com/transferwise-competitors/
     
    Ben Frost, Sep 2, 2019 IP
  6. Joopaa

    Joopaa Active Member

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    #6
    checkout xoom.com
     
    Joopaa, Sep 3, 2019 IP