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How to use Transferwise

Making payments with Transferwise is very straight forward. Their website has intuitive and simple interface and the entire process takes just a couple of minutes. In order to place your order you need:

  1. Select currencies you like to send and receive
  2. Provide the amount you would like to send
  3. Fill in recipient’s account details (same as for regular bank transfers)
  4. Open a new browser window and login to your internet bank. You’ll need to make a regular bank transfer to the account provided on your Transferwise payment confirmation page. Make sure you put a correct reference number as it’s used to link your bank transfer with your Transferwise payment.

For your regular payments I would recommend to save the recipient details in order to speed up your further payments.

>>> Learn more at Transferwise and forget about high fees!<<<

There is a nice video that illustrates entire process.

Transferwise – how it works?

Transferwise puzzleTransferwise is a revolutionary money transfer service that’s changes the way how we think about fund transfers. Unlikely banks and typical payment systems they transfer money between people rather than countries. It may sound complicated from the beginning but the idea under the hood is very simple.

 

The remarkable thing is that all people who take part are helping each other to make their payments happen. Continue reading