Wise
Wise is a well-known remittance company on a global scale. It is a safe and secure method of sending money internationally. We are present in 59 countries and have 12 offices worldwide. This company is estimated to send approximately $4 billion dollars.
Wise does charge a fee for money transfers, but they are generally quite low, with some as low as $1 plus 10% of the total transfer amount per transfer. Because of its low fees, TransferWise is one of the best sites for transferring small amounts of money. However, for transfers larger than $10,000, other companies may be less expensive in the end. Despite these charges, there are no surprises or hidden fees, and TransferWise is very upfront and transparent about all of its fees.
Wise provides its customers with a variety of sending options. Customers can transfer large amounts using the direct wire transfer method, or they can use their debit card, credit card, or direct ACH transfers from bank to bank. In addition, the company offers next-day transfer, which is not available for all transactions.
Although purchasers can send money through TransferWise at any time, the recipient may not have immediate access to the transferred funds. For example, if a customer sends money on a Friday evening, the recipient may not be able to pick it up until his or her bank or another institution reopens, which could be as late as the following Monday.
The main reason that most people choose TransferWise is that they use the actual exchange rate released by the government and adjust their exchange rate as the exchange rate changes. This means that the buyer is never charged an exorbitant exchange rate to transfer funds.
CURRENCY FAIR
CurrencyFair has been in business for nearly a decade and has already facilitated the exchange of more than 8 billion euros, which is roughly 9 billion US dollars. It has a 4.7 out of 5 star rating on TrustPilot and is well-known and trusted around the world. Their headquarters are in Ireland and the United Kingdom, but they also have offices in Australia, Hong Kong, and Singapore.
Setting up an account on their website is quick, free, and simple, and it allows you to send and receive money from over 150 countries.Customers of CurrencyFair appear to use the company more for receiving money than for transferring money, though both can be done through the company.
Receiving money into your CurrencyFair account directly from a bank transfer is free; however, if you receive money into your account through any other method, there are fees associated with the process. According to the website, there may be additional bank fees associated with the transfer process, depending on any third-party institutions that must be involved in the process. Currency Fair's ChatBot and the ability for customers to set up automatic transfers are two of its most intriguing and innovative features.
ChatBot is an online help tool that is available 24 hours a day, 7 days a week on the CurrencyFair website. It enables users to ask questions and solve problems in real time without having to wait on the phone for someone to pick up on the other end of the 1-800 number.
The automated transfer function is self-explanatory. Customers can schedule automatic transfers up to two weeks before the actual transfer date. They can also be canceled or adjusted during this time period. On the CurrencyFair website, there are detailed, step-by-step instructions for setting up this process, and if you have any problems, the ChatBot is always available to assist.
Remit Choice
Remit Choice operates in over 65 countries and accepts payments in 40 currencies. This company's services are available via credit cards, debit cards, and online bank transfers. This company also offers mobile top-up and bill payment services. It is a safe and secure method of sending money internationally.
This company's operations are gradually spreading to far-flung corners of the globe. It is one of the top remittance companies, with a profit of $300 billion last year. Remit choice has a TrustPilot rating of 4.9, which is expected to rise in the near future due to positive customer feedback.
This company provides a lot of benefits to their customers because they charge nothing (zero fee) for every transaction and play an important role in saving money from overseas. Customers' trust is growing as a result of this, and they are becoming satisfied with its services. This company provides its customers with a 24/7 live chat and calling option to save them from any inconvenience.
