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||1.0750 NZD||1.0642 NZD to 1.0696 NZD|
|GBP to NZD||1.8257 NZD||1.8074 NZD to 1.8166 NZD|
|USD to NZD||1.4268 NZD||1.4125 NZD to 1.4196 NZD|
|NZD to AUD||0.9303 AUD||0.9210 AUD to 0.9256 AUD|
|NZD to GBP||0.5477 GBP||0.5423 GBP to 0.5450 GBP|
|NZD to USD||0.7009 USD||0.6960 USD to 0.6974 USD|
|GBP to SGD||1.7884 SGD||1.7871 SGD to 1.7795 SGD|
|AUD to SGD||1.0530 SGD||1.0523 SGD to 1.0477 SGD|
|USD to SGD||1.3976 SGD||1.3966 SGD to 1.3906 SGD|
|SGD to GBP||0.5592 GBP||0.5588 GBP to 0.5564 GBP|
|SGD to AUD||0.9497 AUD||0.9490 AUD to 0.9449 AUD|
|SGD to USD||0.7155 USD||0.7150 USD to 0.7119 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.