Wise (was Transferwise) is known for its ability to help international people and businesses. Wise works by solving a big problem many people and businesses face when dealing with multiple currencies. Wise has three parts to their service: International Money Transfers Multi Currency Account Prepaid Debit Card In this article, we will explain how each…
A big question for Wise money transfers and their multi currency account is: Is Wise safe and reliable enough to trust with your money? We will explain all the important issues you should be thinking about like reliability, website security, scam potential, customer reviews (especially the negative ones), the Apps and if Wise is safe…
Zelle is a way to send and receive money from your friends and family in the US for free. However, there’s one major drawback: you can’t send money overseas with Zelle internationally. So what are the best ways to transfer money overseas? The good news is, there are tried and tested ways you send money…
Complete Guide to Saving Money Banks and money transfer companies normally don’t let anyone have the mid-market or interbank rate. This is how they make money. Meanwhile Wise claims to offer the “realest” rate – which is to say the Wise exchange rate is the mid-market or interbank rate. But Wise is not a charity….
In a broad sense, a remittance can simply refer to the transferring of money overseas between two parties for non-commercial purposes. However, the term is usually used in the context of people working overseas sending money back to family in their home country. Now, The emphasis here is on “non-commercial,” as remittances are different from…
How to Make International PayPal Transfers and Avoid Fees (Plus 7 Tips) PayPal can be an easy and fast way to send money overseas through a trusted, and well-known service. But there are disadvantages you need to know about. For example, you can only send money to another PayPal account internationally. After that, the recipient…
3 Big Differences (and Best Alternatives) If you’re in the US, moving money between bank accounts usually comes down to ACH or wire transfers. But what exactly is the difference between these 2 methods? In this article, we’ll be uncovering the 3 big differences in terms of speed, cost, and safety. But here’s a question:…
While banks make it easy to manage our money (like sending and receiving local payments), things become quite complicated when you’re dealing in foreign currencies. Exorbitant fees linked to these accounts, high minimum balances, and long transfer times can make banks inconvenient for small businesses and international individuals. Recently, some independent financial institutions have recently…
Transferring money internationally safely, inexpensively and quickly seems to be easy. Just pick a reputable service with great reviews. Not so fast. After years of writing reviews and transferring our own money around the globe (personally and for business), as we have written about for years it is easy to miss one very important thing:…
Cash App is a great P2P payment app if you’re based in the US or the UK and want to send and receive payments to anyone. It’s even got some cool extra features (Like buying Bitcoin and investing in stocks). But here’s the deal… Cash App has some key limitations. For example, it does not…
