Wise (1 reviews)

Using a qualified provider of foreign currency services when sending or receiving overseas payments offers a slew of advantages. You may need to make foreign payments for a variety of reasons. You may need to make a one-time currency transfer, such as converting a lump sum when immigrating to another country, or you may need to make recurring payments, such as a mortgage, property maintenance bills, or university fees.

Whatever the case may be, you should weigh your alternatives and seek out the best firm to assist you with your international money transfer. When compared to the normal high-street bank, using a professional currency transfer business gives you access to expert advice. If you need to send money overseas and choose to do so through a foreign exchange service provider, you may try the service of Wise. Below are honest customer reviews about them.

About Wise
Wise was founded in 2011 to make international money transfers affordable, transparent, and easy. The company opines that its multi-currency account now assists millions of people and businesses around the world in managing their money.

The Wise story begins with two Estonians. Taavet worked in London but was paid in euros, while Kristo worked for Deloitte, and was paid in pounds. He also lived in London. However, Kristo had a euro-denominated mortgage in Estonia. They both sent money through their banks, which charged high fees and offered poor exchange rates. As such, they founded TransferWise and engaged a team to create a way to transmit money between nations.

The TransferWise company realized that people required more than just money transfers as it grew. So the company name was changed to Wise and added a multi-currency account, a debit card, and a business account.

Services of Wise
Wise allows customers to send and receive money internationally. With the Wise app, customers can transfer, spend, convert, and receive money abroad, from over 170 countries.

Customers also have access to a debit card that may be used everywhere in the world. And, if they don't have the local currency, the company avows that they can convert it for them.

Customers can get their own UK account number and sort code, European IBAN, US routing, account numbers, and more. They can also get paid using authentic account data. Customers can use these account details to receive free payments in several currencies and to set up direct debits.

Wise declares that customers can hold 50+ currencies and convert between them instantly — No monthly fee and no maintenance fees to keep the money in their account (in most cases).

Compliments complain and Tips for Wise
If you have used the services of Wise in the past, we will love to know your experience with the firm. Was the service efficient? Were you able to transfer and receive money with ease? Is the Wise app easy to navigate through? Did you face any challenges with the firm? Your feedback and experience are important to us.