A multi-currency account for travellers, expats and freelancers.
Spend in any currency, receive money for free and send money around the world with your own foreign currency account — on average 8x cheaper than leading UK banks.
TransferWise offers a free multi-currency account to easily transfer funds (send and recieve) bewteen over 50 currencies. In addition the account can create personnal "local" account details in one or more of six currencies/countries :
Get paid with your own unique bank details. A bank transfer within a country to an account within the same country is free. Then use your account to send money around the world, paying a fraction of the exchange rates demanded by high street banks.
The TransferWise multi-currecny account comes with a free Mastercard. This can be used like any other Mastercard in shops or ATM cash withdrawl machines.
The TransferWise multi-currency account can be used in the following currencies:
AMERICAS: | ASIA: | EUROPE: | OCEANIA: |
Argentina - ARS |
Bangladesh - BDT |
Austria - EUR |
Australia - AUD |
Brasil - BRL |
China - CNY |
Belgium - EUR |
New Zealand - NZD |
Canada - CAD |
Egypt - EGP |
Bulgaria - BGN |
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Chile - CLP |
Georgia - GEL |
Croatia - HRK |
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Colombia - COP |
Hong Kong - HKD |
Czech Republic - CZK |
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Costa Rica - CRC |
India - INR |
Cyprus - EUR |
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Mexico - MXN |
Indonesia - IDR |
Denmark - DKK |
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Peru - PEN |
Israel - ILS |
Estonia - EUR |
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United States - USD |
Japan - JPY |
Finland - EUR |
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Uruguay - UYU |
Malaysia - MYR |
France - EUR |
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Nepal - NPR |
Germany - EUR |
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Pakistan - PKR |
Great Britain - GBP |
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Philippines - PHP |
Greece - EUR |
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Russia - RUB |
Hungry - HUF |
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Singapore - SGD |
Ireland - EUR |
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South Korea - KRW |
Italy - EUR |
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Sri Lanka - LKR |
Latvia - EUR |
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Thailand - THB |
Lithuania - EUR |
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Turkey - TRY |
Luxembourg - EUR |
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United Arab Emirates - AED |
Malta - EUR |
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Vietnam - VND |
Netherlands - EUR |
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Norway - NOK |
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Poland - PLN |
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Portugal - EUR |
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Romania - RON |
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Slovakia - EUR |
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Slovenia - EUR |
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Spain - EUR |
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Sweden - SEK |
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Switzerland - CHF |
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Turkey - TRY |
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Ukraine - UAH |
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The TransferWise exchange rate notifications bring you live information so you can keep track of the REAL exchange rate.
Many people who live or work abroad find they have to make regular recurrent foreign currency transfers, perhaps to meet mortgage payments or manage a pension. While you can use your bank to manage these sorts of transfers, some charge transfer fees which can really add up over the course of the year.
With the TorFX Regular Overseas Payments service you can arrange for transfers to be made automatically every month, at a competitive rate of exchange and on a fee-free basis.
TorFX - Forward Contract - Limit Order - Stop Loss Order - Rate Alerts
If you'd like to make your transfer at a specific rate but don't want to commit yourself, use a TorFX Rate Alert.
SImply pick the rate you're waiting for and we'll let you know as soon as the market moves to that level.
You can set a Rate Alert over the phone, online or through the TorFX mobile app.
TorFX - Forward Contract - Limit Order - Stop Loss Order - Recurring Overseas Payments
If you don't want to move your money at the current rate but are concerened that it may worsen and wish to control this risk, you can ask us to execute your transfer if the exchange rate deteriorates to your specified level.
This allows you to wait for a better rate, but lock in a worst-case rate should the market move against you.
TorFX - Forward Contract - Limit Order - Rate Alerts - Recurring Overseas Payments
If you don't want to transfer your funds at the current rate you can leave a Limit Order with your Account Manager targeting a specific exchange rate.
TorFX will automatically execute your transfer when your target rate becomes available.
TorFX - Forward Contract - Stop Loss Order - Rate Alerts - Recurring Overseas Payments
Forward Contracts can be partiularly useful when budgeting for a future currency exchange as they allow you to fix a rate in advance. With TorFX you can fix the rate up to two years before you need to send or recieve the currency, giving you far greater flexibility and security.
TorFX - Limit Order - Stop Loss Order - Rate Alerts - Recurring Overseas Payments
CurrencyFair offers email alerts when a currency reaches a certain rate, or daily/weekly alerts.
The CurrencyFair peer to peer currency exchange links buyers and sellers directly online. It enables CurrencyFair to generally offer some of the best rates.
If this still is not good enough and your transfer is not urgent then CurrencyFair offer the chance to set-up a target rate. They will then work on your behalf to arrive at this rate.
CurrencyFair offers its users the option of the CurrencyFair Wallet. You can add funds to the "wallet" at any time. Then when the moment is right to make your transfer the funds are already disponible; No delay while CurrencyFair waits for payment.
An OFX Limit Order lets you specify an exchange rate. OFX then monitors the exchange rates on your behalf 24 hours a day while the markets are open. When the rate your desire is possible OFX will contect you to complete the transfer.
OFX - Forward Contract - Recurring Payments - Ecommerce Payments Overseas
It's possible with OFX to reserve an exchange rate with a Forward Exchange Contract. Transfers can be booked from 2 to 365 days in advance. The exchange rate at the time of booking the transfer is then locked in place and you do not have to worry about currency rate changes.
OFX - Limit Order - Recurring Payments - Ecommerce Payments Overseas
Regular transfers can be arranged through OFX. After the initial set up is completed you can sit back and relax as your bills or receipts are handled automatiically.
OFX - Forward Contract - Limit Order - Ecommerce Payments Overseas