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||1.0763 NZD||1.0655 NZD to 1.0709 NZD|
|GBP to NZD||1.7720 NZD||1.7543 NZD to 1.7631 NZD|
|USD to NZD||1.3639 NZD||1.3503 NZD to 1.3571 NZD|
|NZD to AUD||0.9291 AUD||0.9198 AUD to 0.9245 AUD|
|NZD to GBP||0.5643 GBP||0.5587 GBP to 0.5615 GBP|
|NZD to USD||0.7332 USD||0.7281 USD to 0.7295 USD|
|GBP to SGD||1.7705 SGD||1.7693 SGD to 1.7616 SGD|
|AUD to SGD||1.0754 SGD||1.0746 SGD to 1.0700 SGD|
|USD to SGD||1.3628 SGD||1.3618 SGD to 1.3559 SGD|
|SGD to GBP||0.5648 GBP||0.5644 GBP to 0.5620 GBP|
|SGD to AUD||0.9299 AUD||0.9293 AUD to 0.9253 AUD|
|SGD to USD||0.7338 USD||0.7333 USD to 0.7301 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.