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Wise or Paypal for £100 transfer to family in USA?

itm2

itm2 Posts: 1,456 Forumite

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28 June 2023 at 11:09AM in Overseas holidays & travel planning

I need to transfer £100 to a family member in the USA. Does anyone know whether Wise would be significantly better for rates and charges than Paypal?

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Comments

eskbanker Posts: 37,588 Forumite

28 June 2023 at 11:23AM

https://www.monito.com/en/compare/transfer/gb/us/gbp/usd/100 gives a range of options, with Wise coming out about $8 ahead of PayPal, and some slightly better still....

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isplumm Posts: 2,215 Forumite

11 July 2023 at 6:24PM

I have used Wise for years - found them very reliable - money arrives in my French bank account in seconds

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itm2 Posts: 1,456 Forumite

11 July 2023 at 10:48PM

Thanks for the feedback - I used Wise and it worked well

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