How are you paying your money, if the bank is not replying to your request, or if you don’t prefer to go in person? Do you have a credit card but long queues at banks and ATMs? Are you an online transaction and concerned about the long queue at online transaction shops?
We make it easy to transfer money online. No need to go through lengthy paperwork or face long queues of banks at your door step. If you are a freelancer then I think you are ready to receive payments from your customers or clients. The wise platform is one of the best and cheapest money transfer, payment gateway solution providers in the world. We have more than 10 million customers across 79 countries who use Wise to make payments. It takes only 1 day to transfer money from anywhere in the world by using our platform.
What is wise:
Wise is a U.S.-based company that helps send money cheaply across the world. Wise is an online service for exchanging money at competitive rates, offering services in over 70 countries. Wise enables users to send, receive and manage their money transfers quickly and securely from the comfort of their own homes. For freelancers, Wise is an ideal solution. The company offers a range of payment methods, including bank transfers and credit. Wise is a fast and efficient way to send money. It offers competitive exchange rates and an easy user experience, with no hidden fees. Pre-funded envelopes are available for distribution prior to your shipment being sent, or you can use them as part of your standard international money transfer services.
How does wise work:
Wise makes it easy to send money abroad by paying with local currency. When you want to make a payment internationally, you actually pay with your local currency into a Wise account in your country. The payment is then sent to the recipient in the desired country using their local currency. This means cash never needs to leave your country’s borders! For example, let’s say you want to send money from the UK to a family in the US. First, you would log in to your Wise account and link it with your British bank account. Then, you would enter your US recipient’s bank details. The process is very similar to setting up a new payee in your bank account. Wise will transfer the requested amount of British pounds to your UK bank account and then notify Wise’s US account of the exact amount we need to send. Once the US account has received the difference, it will send the agreed amount in US dollars to your recipient. Upload your favorite file on the company’s secure website and they’ll convert it to any format you need. You can check out the price before committing to anything, or you can try it out for free.
how many transfers can I do in one transaction with Wise?
You may be able to send up to $15,000 a day if you use a debit card. Using the ACH network, you can transfer up to $15,000 a day. There’s a limit of $2,000 every 24 hours and $8,000 every seven days if using a credit card or debit card. For local bank transfers, the limit is as high as $1 million; for international wire transfers through the SWIFT network, it’s up to $1.6 million.
Is TransferWise free or does my bank charge me?
When sending funds internationally, you may have to contend with a lot of fees from your bank. With TransferWise, you’ll avoid that charge—you’re just paying domestic transfer fees. When other people send money the other way and someone in another country funds your transfer, we’ll charge them a fee for the privilege. It connects people from around the world like never before.
Wise has the following benefits and drawbacks:
Benefits:
- When you make a purchase, you can choose how to pay with a variety of options.
- You don’t have to worry about inflated exchange rates
- With quick money transfers, you’ll be able to save time and avoid a major hassle.
Drawback:
- In comparison to some competitors, transfer fees are higher
- It is not possible to have cash delivered to your home or business
- Insufficient customer support
