Sunday, June 5, 2016

TransferWise - Best money transfer portal

TransferWise is a recent startup that works on a peer-to-peer based money transfer method. The reason for posting about this is 'mutual benefit'. I personally like it and use it for my international transfers. It made sense to put its unique features which I appreciate here and along with that put my referral code to share the benefits.


  • Mid-Market Rate: It offers rate which is generally displayed on Google and other websites and is called mid-market rate. This is the best rate usually available on any website.
  • Transparent Service Charge: There is no other hidden fee and they charge a fixed amount for the transaction and you can do the maths after the transfer to see that no extra charges deducted unlike banks and other websites.
  • Easy to use: It is very easy to use offering both the web and mobile app service. Hence, once you get a hang of it, it is only a few clicks away to make the transfer.
  • Exchange Rate Fluctuation Control: This is more like a safety measure. The service allows you to put an x% cap on the allowable fluctuation in the exchange rate. If the exchange rate falls below the cap you choose, the transfer will not happen and wait for 5 days for the rate to fall, else will cancel the transfer automatically.
  • Guaranteed Exchange Rate for 24 Hours - Recently, Transferwise started providing a 24 hour guarantee period for the exchange rate subject to reception of money from your bank account or debit/credit card.
  • Accessible and Available: The transfer service is available in all the major countries and the count is continuously increasing.
  • Safe: It is safe to use this website and there are enormous other review websites that verify the fact that it is one of the popular choices.
  • Referral Benefits: The company offers you certain gift amount if 3 people use your referral code to sign up and make a transfer. You choose the currency you want the reward in. This is also the point where I share my referral code and the purpose of this post is therefore met. But why should you do it? Because it gives you first transfer free of service charge which means that you don't pay any extra charge and get a transfer done at the mid market rate.

    Use this link to sign up and get free first transferhttps://transferwise.com/u/72c7b6

    Happy Transacting!

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