TransferWise: Difference between revisions

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An e-commerce business allowing payments and money transfers to be made from through the Internet.
An e-commerce business allowing payments and money transfers to be made from through the Internet.


TransferWise can send GBP funds from U.K. bank account to a EUR E.U. bank account and will perform the currency conversion at mid-market rates.  
TransferWise can send from either GBP funds (from U.K. bank account) or EUR funds (from a E.U. bank account) to one any of the supported destination currencies and will perform the currency conversion at mid-market rates.
 
Currency directions<ref>[http://transferwise.com/support/what-currencies What currencies do you support?]</ref>:
 
* GBP - British sterling pound - Bank accounts in the UK from E.U. (EUR) bank transfers
* EUR - Euro - E.U. region banks from UK (GPB) bank transfers
* PLN - Polish zloty - Banks in Poland from UK (GBP) and E.U. (EUR) bank transfers
* CHF - Swiss Franc - Banks in Switzerland from UK (GBP) and E.U. (EUR) bank transfers.


The service is available for sending from an individual account or from a business account.
The service is available for sending from an individual account or from a business account.


This ability to send directly to the recipient's bank will likely make TransferWise a preferred method that will allow those in the U.K. to send funds when purchasing bitcoins through a person-to-person marketplace, such as the [[Bitcoin-otc]] marketplace.
This ability to send directly to the recipient's bank will likely make TransferWise a preferred method that will allow those in the U.K. or E.U region to send funds when purchasing bitcoins through a person-to-person marketplace, such as the [[Bitcoin-otc]] marketplace.


The service was launched in early 2011.
The service was launched in early 2011.
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==External Links==
==External Links==
* [http://www.transferwise.com TransferWise] website
* [http://www.transferwise.com TransferWise] website
==References==
<references />


[[Category:Money transmitters]]
[[Category:Money transmitters]]

Revision as of 18:03, 28 July 2012

An e-commerce business allowing payments and money transfers to be made from through the Internet.

TransferWise can send from either GBP funds (from U.K. bank account) or EUR funds (from a E.U. bank account) to one any of the supported destination currencies and will perform the currency conversion at mid-market rates.

Currency directions[1]:

  • GBP - British sterling pound - Bank accounts in the UK from E.U. (EUR) bank transfers
  • EUR - Euro - E.U. region banks from UK (GPB) bank transfers
  • PLN - Polish zloty - Banks in Poland from UK (GBP) and E.U. (EUR) bank transfers
  • CHF - Swiss Franc - Banks in Switzerland from UK (GBP) and E.U. (EUR) bank transfers.

The service is available for sending from an individual account or from a business account.

This ability to send directly to the recipient's bank will likely make TransferWise a preferred method that will allow those in the U.K. or E.U region to send funds when purchasing bitcoins through a person-to-person marketplace, such as the Bitcoin-otc marketplace.

The service was launched in early 2011.

Fees

There is a 1 GBP fee per transfer.

See Also

External Links

References