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.
28 Jan 2016
The FCA has released a warning about a self-certification mortgage provider that relocated to Prague in order to skirt around UK regulations that made banned such loans.
28 Jan 2016
Nationwide building society has warned that property prices inflation throughout the UK are likely to continue to accelerate (albeit mildly) well into next year as rates of construction are still lagging behind growth in demand.
28 Jan 2016
Former Bank of England Chief Cashier and current head of its Prudential Regulation Authority (PRA), Andrew Bailey, has been appointed as the new head of the Financial Conduct Authority (FCA).
26 Jan 2016
George Osborne, the chancellor of the exchequer, does not believe that the continued uncertainty surrounding Britain’s EU membership is damaging the level of investment that is coming to the UK.