Wise (formerly TransferWise) Review: How I Saved Over $2,000/Year in Banking Fees

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Wise vs PayPal

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I use Wise to get paid internationally, and transfer the money to my bank account.

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Wise (formerly TransferWise) is the best money transfer app with the cheapest way to send money internationally (and conversely, to receive money from overseas).

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PayPal International Fees

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Wise Fees You can receive payments in 9 currencies as if you are a local. This makes the transfer easy for your payor, and free for you.

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With Wise Every time I transfer money from TransferWise to my local bank account, they show me exactly how much money I’m paying in fees.

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Case Study Time! The Best Way to Transfer Money Internationally

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Here's the Difference between Receiving International Payments with PayPal and Wise (formerly TransferWise)

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– With PayPal, I pay $64.84 USD in fees. (Incl. hidden currency conversion) – With Wise, I pay $4.88 USD. – There's also a workaround if you MUST be paid via PayPal.

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Wise for Business

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Is Wise Safe?

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Wise (formerly TransferWise) Review: How I Saved Over $2,000/Year in Banking Fees

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Wise vs PayPal

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Let's Discuss

I use Wise to get paid internationally, and transfer the money to my bank account.

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Wise (formerly TransferWise) is the best money transfer app with the cheapest way to send money internationally (and conversely, to receive money from overseas).

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PayPal International Fees

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With PayPal, international transfers involve fees coming and going.

Wise Fees You can receive payments in 9 currencies as if you are a local. This makes the transfer easy for your payor, and free for you.

Wise Fees You can receive payments in 9 currencies as if you are a local. This makes the transfer easy for your payor, and free for you.

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With Wise Every time I transfer money from TransferWise to my local bank account, they show me exactly how much money I’m paying in fees.

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Case Study Time! The Best Way to Transfer Money Internationally

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Here's the Difference between Receiving International Payments with PayPal and Wise (formerly TransferWise)

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– With PayPal, I pay $64.84 USD in fees. (Incl. hidden currency conversion) – With Wise, I pay $4.88 USD. – There's also a workaround if you MUST be paid via PayPal.

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For every $1,000:

Wise for Business

Avoid fees on Stripe.

Send and receive money in multiple currencies.

You can invoice like a local.

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Is Wise Safe?

Is Wise Safe?

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YES!