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.
8 Oct 2015
Today will mark the seventh anniversary for the low interest rates for the UK economy as the Bank of England are set to leave bank rates on hold for the 79th month running.
1 Oct 2015
A recent report from the Financial Conduct Authority (FCA) has revealed that in the first half of 2015, the number of complaints to banks from current account holders went up by almost a third.
1 Oct 2015
The latest figures from Nationwide Building Society show that house prices in the Capital have grown by 10.6% in the last year – up from the previous quarter’s figure of 7.3%.
25 Sep 2015
The treasury has increased the total amount raised from the sale of shares in Lloyds Banking Group to £15 billion by reducing the taxpayer’s stake in the bank from 12.97% to 11.98%.