Foreign Money Transfer Service
Cheap Money Transfer. Send Money abroad at a very low cost
Send Money abroad for less
Did you know that banks and other money transfer businesses charge you with up to 5% when sending money abroad? Well, TransferWise doesn't.
This is why Money Expert has teamed up with TransferWise, the cheapest money transfer service in the world to offer you a completely free of charge money transfer between GBP, EUR and PLN, CHF, NOK, SEK, DKK and USD.Send money abroad now
Why use TransferWise?
TransferWise uses real exchange rates to help expats, foreign students and businesses wire money securely, conveniently, and at a very low cost. Finally, a financial service built for people, not banks.
What exchange rate is used to exchange money?
TransferWise always uses the mid-market rate to convert your currency. Mid-market rate is the rate that is between the BUY and SELL rates you usually see, it is the rate that is used in the global financial markets. Most banks and brokers hide this from you by marking it up significantly (sometimes its also called the interbank rate or spot rate). Hidden commission on the exchange rate is how our competitors make the most of their money.
Are you really cheaper than high street banks and other currency exchange services?
We believe so. Our competitors are hiding their fees in two places - the currency exchange rates and the transaction fee. Often you are promised no transaction fee, but then the exchange rate they use will be take that into account. In total you lost on average 5% that way. To avoid that always be sure to check both the exchange rate and the transaction fee and ask how much money you will receive in the end. TransferWise always makes the exchange at mid-market rate and charges a simple fee for the service.
Can I use TransferWise for business transfers?
Yes. Business transfers work in the same way as personal transfers. You can set up your Business profile on your account page.
Latest Financial News
30 Jul 2014
Diesel Drivers could be subjected to greater costs as Boris Johnson tackles high levels of pollution
Those who drive cars powered by diesel fuel could suffer extra costs and new taxes, as the Mayor of London releases proposals to combat excessively high air pollution levels in London and the rest of the UK. A charge, roughly amounting to £10, will be piled on top of the £11.50 congestion charge for drivers of diesel-fuelled cars seeking to come into central London. Charging Diesel car owners has long been in the mind of Boris Johnson, as highlighted by his reference to it in previous plans pertaining to his concept of an ultra-low emissions zone.
30 Jul 2014
Energy regulator, Ofgem, has laid out plans which will reduce domestic energy bills by £12 a year. Seeking to control the amount afforded to the UK’s electricity network, the energy watchdog has allocated £17bn to the reform of the nations’ electricity distribution system. This princely sum is intended to aid the upkeep of power networks over an eight year period commencing in April 2015.
29 Jul 2014
“Poor Doors” in the Capital's housing developments a highly controversial issue – Boris Johnson apathetic on the matter
Poor doors have become an increasingly controversial issues in recent times, with the majority of people considering them to be a regressive move which would exacerbate the disparity between the wealthy and not so wealthy.
29 Jul 2014
Pressure to change the dynamic within the banking industry reached a new high this week, as the leader of the review into banking standards revised his initial decision to reject the proposal – a regulatory measure - concerning whether bankers need to take oaths or not.