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Transferwise

Hi has anyone had experience of using Transferwise to receive payment when selling property In Europe, I’d like hear whether you saved money and whether everything went smoothly. 

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Transferwise Is not part of any deposit guarantee in the UK or abroad. I would only use proper banks myself. Assuming your sale is in Euros, you could have a look at Starling Bank. In any case, I would contact whoever you use beforehand.
  • Motormad20
    Motormad20 Posts: 16 Forumite
    Fourth Anniversary 10 Posts
    Used them to send £200 k to OZ 4 years ago and  to return funds to UK once a year since with no problems and very good rates.
  • I regularly use them to transfer funds between UK and singapore. Great rates and good service. I receive the funds at other end in minutes, though this is going to depend upon the sending and receiving banks’ infrastructure. 
  • ClaretHead
    ClaretHead Posts: 50 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    Used them several times to transfer money from Canada back to UK with no issues. Good rates and fast payments
  • greyteam1959
    greyteam1959 Posts: 4,745 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I use them all the time for euro transfers.
    Money there in seconds nowadays & at very goods rates & low charges.



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