asked in Business+Finance by Patron (2,970 points) 2 12 29
Please let me know charges and details and if  you could mention details about using it in USA/Canada/Brazil it would be perfect. Thanks!
replied by (5 points) 2
Transferwise is a finacial service which allows to transfer money like as banks or services like Paypal do. They charge 2 pounds for transactions up to 400 pounds at a flat rate. If the transfer amount exceed this limit then a fees of 0.5 percent is attracted. The company claims they have only a 1/8th fees than that of a bank transaction.
As the service is regulated by the Finacial Conduct Authority we can assume it is safe.

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