TransferWise prides itself in transparency, and unlike other currency provider, you can actually view which fees and rates you are going to receive prior to your transfer. In fact, TransferWise is so fair, that a person moving £1,000 will get the same rates as someone who sending a million! The markups they apply are not volume-dependent which is great news for those who are sending small regular transfers abroad. If you view World First Rates or TorFX rates, it will be structured completely different than TransferWise exchange rates and fees.
More Popular Pairings:
|Currency Pair||Real Interbank Rate||Estimated Quote TransferWise|
|AUD to NZD||1.1096 NZD||1.0985 NZD to 1.1041 NZD|
|GBP to NZD||1.8057 NZD||1.7876 NZD to 1.7967 NZD|
|USD to NZD||1.3939 NZD||1.3800 NZD to 1.3870 NZD|
|NZD to AUD||0.9012 AUD||0.8922 AUD to 0.8967 AUD|
|NZD to GBP||0.5538 GBP||0.5483 GBP to 0.5510 GBP|
|NZD to USD||0.7174 USD||0.7124 USD to 0.7138 USD|
|GBP to SGD||1.7585 SGD||1.7573 SGD to 1.7497 SGD|
|AUD to SGD||1.0806 SGD||1.0799 SGD to 1.0752 SGD|
|USD to SGD||1.3575 SGD||1.3565 SGD to 1.3507 SGD|
|SGD to GBP||0.5687 GBP||0.5683 GBP to 0.5658 GBP|
|SGD to AUD||0.9254 AUD||0.9247 AUD to 0.9208 AUD|
|SGD to USD||0.7367 USD||0.7361 USD to 0.7330 USD|
- We do not guarantee the accuracy of these quotes. Exchange rate constantly fluctuate and by the the time you ask for a quote it may change.
Comparative View on TransferWise Fees/ Rates
Do you want to see how Transferwise’s fees and exchange rates match up against competitors? View the following comparisons:
Essentially, we can say the following:
- Transferwise is the cheapest company for low-value transfers bar none
- Their best routes are Pound-Euro. On the US Dollar they are not the cheapest, and Australian Dollar they are cheap but not as cheap.
- On large transfers, especially with our preferential rates, they are beaten by World First and TorFX for all currency pairings
Also, it is important to remember that you will secure the LIVE rate only if you book a transfer and check the part that says “secure rate”. Else, the rate can fluctuate until the funds are received to cover the transfer.