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
19 Dec 2014
A third of Britain’s house-sellers slashing their prices, bringing their expectations into line with waning buyer demand
Zoopla’s latest findings show that a third of all sellers have reduced the asking price of their house since placing it on the market in the latest indication that vendors are being forced to be more modest in their expectations from a cooling housing market.
19 Dec 2014
Britain’s ‘Big Six’ energy firms enjoyed a lucrative Friday, as the Government announced that taxpayers will have to part with a collective sum of £990m to ensure that the nation doesn’t lose power until 2018, with the majority of the money going to the renovation of old power plants which will provide reinforcement for existing renewable sources.
18 Dec 2014
In the wake of CPI growth slowing to 1% in November, wage growth in the UK has now exceeded inflation for the first time since September 2009.
18 Dec 2014
Retail Sales have reached their highest annual level in over a decade, with Black Friday’s sweeping price cuts fuelling consumer’s spending bender in November.