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||1.0783 NZD||1.0675 NZD to 1.0729 NZD|
|GBP to NZD||1.8775 NZD||1.8587 NZD to 1.8681 NZD|
|USD to NZD||1.4527 NZD||1.4382 NZD to 1.4455 NZD|
|NZD to AUD||0.9274 AUD||0.9181 AUD to 0.9228 AUD|
|NZD to GBP||0.5326 GBP||0.5273 GBP to 0.5300 GBP|
|NZD to USD||0.6884 USD||0.6835 USD to 0.6849 USD|
|GBP to SGD||1.8120 SGD||1.8107 SGD to 1.8029 SGD|
|AUD to SGD||1.0407 SGD||1.0399 SGD to 1.0355 SGD|
|USD to SGD||1.4020 SGD||1.4011 SGD to 1.3950 SGD|
|SGD to GBP||0.5519 GBP||0.5515 GBP to 0.5491 GBP|
|SGD to AUD||0.9609 AUD||0.9603 AUD to 0.9561 AUD|
|SGD to USD||0.7132 USD||0.7127 USD to 0.7097 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.