Wise transfer plus#
They charge small converting fees when you convert across currencies, a small fixed fee when you send money to a bank account in the same currency and the normal conversion fee plus a small fixed fee when you send money to a bank account of a different currency. TransferWise does not charge monthly or receiving fees. You can easily switch between currencies and avoid high exchange rates. Also called a borderless account, these are great for businesses with employees around the world. This account lets you send, spend and receive money in over 25 currencies. TransferWise has a new account called a multi-currency account. TransferWise boasts a savings of as much as 8 times more than when using a bank. You can see real-time exchange rates on their website, as well as charts of exchange rates over the past 30 days. TransferWise uses real exchange rates, known as mid-market rates. Transferring money with a bank costs more because banks set their own exchange rates so they can make money. With a TransferWise personal or business account, you can send money around the world, paying real exchange rates and small fees.
TransferWise is a web-based money transferring company founded out of frustration due to the lack of a global currency. Well, a bit cheaper transfer and a bit better exchange rate doesn't worth all the trouble Wise will cause you. Eventually, after another three months the remaining balance was finally refunded.
My account has been blocked for checks for months, after a lot of documents the account has been deactivated. If you pay for a hotel accommodation to a major Spanish or French hotel chain it is against the Cuba rule as well they have a lot of hotels in Cuba. If you buy an airline ticket of any airline it is against their rules (most of the airlines are directly or indirectly linked to Cuba, most of the long-haul American and European airlines fly to Cuba) You cannot pay for Avon or Oriflame cosmetics (Multi-level marketing not accepted) Buying cigarettes from a tobacco shop is against 1.2.1.c Buying Paracetamol from a Pharmacy is against 1.2.1.b (you cannot pay your prescription as well) Buying alcohol with your grocery is against point 1.2.1.b
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