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||1.0898 NZD||1.0789 NZD to 1.0844 NZD|
|GBP to NZD||1.7581 NZD||1.7405 NZD to 1.7493 NZD|
|USD to NZD||1.4449 NZD||1.4304 NZD to 1.4376 NZD|
|NZD to AUD||0.9176 AUD||0.9084 AUD to 0.9130 AUD|
|NZD to GBP||0.5688 GBP||0.5631 GBP to 0.5660 GBP|
|NZD to USD||0.6921 USD||0.6873 USD to 0.6887 USD|
|GBP to SGD||1.7186 SGD||1.7174 SGD to 1.7100 SGD|
|AUD to SGD||1.0653 SGD||1.0646 SGD to 1.0600 SGD|
|USD to SGD||1.4124 SGD||1.4114 SGD to 1.4053 SGD|
|SGD to GBP||0.5819 GBP||0.5815 GBP to 0.5790 GBP|
|SGD to AUD||0.9387 AUD||0.9380 AUD to 0.9340 AUD|
|SGD to USD||0.7080 USD||0.7075 USD to 0.7045 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.