TRANSFERWISE - All required important information of a leading money transfer service provider (2023)
Pros and Cons, Brief Summary and much more information
What we like about Transferwise
- Transfer amount as low as $2
- Transparency in fees/coversion rates
- Offers online fees calculator
- Quick transfers withing 24 hours
- Wire transfer upto $1,000,000
- Pay by debit card upto $2000 for fees of around 0.744% plus TransferWise fees around 0.7%
- Excellent customer reviews
What we don't like about Transferwise
- Less favorable exchange rates than major competitors
- 0.7% transferwise fees in addition to transfer fees on all transactions
Features
| Transfer Fees | ≈(0.2% + 0.7%) on $2-15000 |
| Transfer Time | 1 Day |
| Max Transfer Amount | $15000 |
| Min Transfer Amount | $2 |
| Sending Methods | Bank ACHWire TransferDebit CardCredit Card (Not recommended-Remittance often treated as cash advances) |
| Receiving Methods | Direct Bank Deposit |
| Referral Program | Yes |
| Customer Service Information | Email: support@transferwise.comNumber (US): +1-888-908-3833 |
Steps to send money to India using TransferWise
TransferWise FAQs (Frequently Asked Questions)
Send Money to India from USA
How much fees does TransferWise charge?
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When is the best time to set up a transfer with TransferWise?
From which countries can you send money using TransferWise?
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Does TransferWise offer a cash pick-up facility?
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Does TransferWise have a mobile app?
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