₹ 64.47


₱ 50.37


Mex$ 17.97


TransferWise is a fast, award-winning money transfer company built for lives without borders and dedicated to making the remittance process quick and easy for its users. TransferWise allows people to send money to 55 countries worldwide, including India, the USA, the United Kingdom, and many countries in Europe. TransferWise don’t hide a markup in the exchange rate you see and give you the true, mid-market exchange rate - independently provided by Reuters - plus a fair, low cost fee that’s clear and upfront.  

Founded in London and launched back in 2011, TransferWise has attracted world renowned investors and gained countless awards for its innovation in the money transfer industry. TransferWise operates in the US through licensed banking partners who are registered with FinCEN, the US Treasury Department that supervises financial institutions for compliance. TransferWise has become one of the leading money transfer companies thanks to its convenient online platform and upfront cheap fees, never charging any hidden fees in the exchange rate.

Due to this, TransferWise is trusted as a transparent and reliable money transfer company. Using the real exchange rate and removing all extraneous fees, TransferWise allows their customers the ability to send money abroad at the lowest possible cost.  

What's Good About TransferWise

Provides Mid-Market Exchange Rate independently provided by Reuters and free from markups.
Customers have transferred $5bn using the platform - an approach that has put over $200m back in their pockets
FAST Transfers with NO Hidden Charges


Please Note: With a straightforward money transfer process, users can expect a transfer time of 1 to 2 working days. Sometimes the transaction does take longer, due to TransferWise’s thorough account verification process, the currencies involved and Upload Money method chosen (as well as bank holidays etc.). As long as TransferWise receives the USD deposit in the first 24 hours from order setup, the USD exchange rate is fixed for your transfer. With ACH Bank Debit payments, the rate stays locked beyond 24 hours providing a 'successful' attempt is made within the first 24 hours.
To learn more, visit Understanding Why does it take Longer to Send Money Overseas?


FEATURES (Currently showing rates for USA to INR change )

Today's Rate
$ Amount
₹ Exchange Rate
$0 - $36000
Exchange Rate Type
The rate-lock with transfers from the US applies for 24 hours starting the moment the transfer has been set up. If during these 24 hours funds arrive (if customer sends the funds via domestic wire) or a connection to the bank is made (if customer uses ACH Direct Debit) the starting rate (the mid-market rate at the moment of transfer set up) will be used. If the funds don't arrive or no connection to the bank is made in 24 hours, the current mid-market rate at the moment of conversion will be used.
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $36000
Transfer Time
Bank Deposit
2 Days
Transfer Type
  • ACH Transfer
  • Wire Transfer
Daily Transfer Limit
₹100 million to private customers
₹1.5 million to businesses
Receiving Method
  • Bank Deposit
Customer Service Info
Mon -Fri 9:00am - 5:00pm (EST)
Company Headquarter
London, UK
Company Type
Remittance Providers
Mobile App
Company Established
Text Update (SMS)
Email Updates
Provider's FAQs
Referral Program
Key Feature
Send Money easily and quickly with low cost money transfers and no hidden fees in the exchange rate.
Document Requirements
Verification could be triggered. If so, prepare to send a copy of ID and any document that can provide proof of address.


TransferWise is an online international money transfer company that allows people to send money abroad easier and at the lowest possible rate. Established in London and launched in 2011, TransferWise provides for its users a bank alternative, encouraging customers to outsmart their banks and save when sending money abroad. Using technology developed by the same people who created Skype, TransferWise has become one of the world’s leading remittance services.

While living and working in London, Estonian founders Taavet Hinrikus and Kristo Käärmann created TransferWise as a better way to exchange currencies. Today, TransferWise allows users to send money abroad to many countries worldwide, including the USA, Canada, most European countries, and some countries in Asia and Australia.

Much of its success relies on its easy-to-use online money transfer platform and fair exchange rate fees. Unlike banks, which can charge an upfront fee and up to 5% in hidden fees in the exchange rate, TransferWise customers only pay 0.9%. Founded on its commitment to bringing customers a bank alternative, TransferWise offers the mid-market exchange rate to the users, which makes it cheaper to send money abroad as compared to using a bank to transfer money abroad.

World-renowned leading investors such as Virgin CEO Sir Richard Branson and PayPal co-founder Peter Thiel have invested in TransferWise, contributing to the investment funding that the international money transfer service has received. It has received multiple awards as an innovative startup in the remittance industry.

Giving customers a platform where they can send money abroad at the lowest possible cost, TransferWise allows users to send money in their local currency using a debit card, just as they would a normal bank transfer.



Q: Why does it take longer to send money with TransferWise?
The majority of transfers out of the US are completed within 1 business day. However, occasionally, a transfer with TransferWise may take longer than usual, because of the required verification process. Since Transferwise is regulated by the FCA (Financial Conduct Authority), TransferWise must verify people’s identities before proceeding to the actual transaction. FCA regulations are designed to protect customers and prevent illegal activity, such as money laundering or terrorist financing.


Q: Why does TransferWise perform the verification process?
TransferWise will ask for verification from all customers at one point during the transaction process. This is because the company is regulated by the FCA (Financial Conduct Authority) and HMRC (HM Revenue & Customs).

Q: What to consider while sending money with TransferWise?
There are three ways to send money from the US:

  • Direct debit (up to 5000USD)
  • Wire transfer
  • SWIFT (TW don't accept cash or cheques)

Customers can’t send money from Massachusetts, Vermont, Washington state, and customers need to verify their SSN numbers when paying from Arizona or Oklahoma.

Q: When is the transaction cancelled?
Transfer is cancelled if:

  • TW doesn’t receive money in two weeks
  • Customer is using someone else's account or card
  • The names don’t match on the bank account and the profile


Posted on June 18, 2017, 01:50 am

Dear Transfer wise admin, A friend of mine did a wire transfer of $100,000 to a BBT bank in Usa from the UK on Tuesday for purchasing of spare parts, the BBT account nunber ends with 7500 and the transaction transfer number is 18752920,, uptill now the money hasn't reach its destination account owner hasn't seen anything yet we have been wondering if transfer wise is kinda of a scam, please what's really going on we need a feedback ASAP bcos this isn't fair at all

Posted on June 17, 2017, 05:49 pm

I have used transferwise quite many times now. They are certainly giving great exchange rate.. I was little worrying about to give a try but found out really well. The only painful part is they have large fee for transaction which can be avoid using sign up link transferwise.c om/u/09ee19 .I also prefer their mobile app which is super easy to manage your transaction with super ease. Great service for your hard work savings and for your family. I will definitely recommend this to all to just give a try.

Zames Bondel
Posted on June 10, 2017, 03:40 am

I have used REMITLY to transfer some moeny to India and sadly after two attempts without success I decided to ditch REMITLY completely and Tried TRANSFERWISE and surprisingly it was so smooth that I couldn't believe. Money got delivered literally within 1 hour or transferring even though they said it will be 3 working days before it will be delivered. Very pleased with the service. One downside is that it would be better to beat REMITLY's exchange rate and you'll get many more customers.

Rizwan Ahmed
Posted on May 13, 2017, 10:48 pm

Use the below link for free money transfer using Transferwise, it is an amazing online service for money transfer with real time exchange rates. Time to get benefit from it.

Posted on May 13, 2017, 08:05 am

Very efficient service, my traction completed without any problem,

Daniel Carvalho
Posted on May 12, 2017, 08:13 am

I am reading so many bad reviews from Transferwise, I am having problems to communicate with the customer service about my money that was suppost to be in my account Thursday 5/11. I will wait until Monday 5/15 if my money dont be in my account on this time my LAWYER will contact tranferwise I wont waist my time anymore with scams.

Posted on May 09, 2017, 09:41 am

TransferWise has the best exchange rates and lowest fees I have seen for both personal and business transfers. I have saved so much with this service and have used them for almost 2 years now. Transfers are secure, fast, and easy. Receive your first transfer free up to $600 with this link:

Posted on April 28, 2017, 06:13 pm

I have used transferwise quite many times now. They are certainly giving great exchange rate.. I was little worrying about to give a try but found out really well. The only painful part is they have large fee for transaction which can be avoid using sign up link transferwise.c om/u/09ee19 .I also prefer their mobile app which is super easy to access to make your transaction with super ease. Good service for your hard work savings and for your family. I will definitely recommend this to all to just give a try.

Maiden Lane
Posted on April 04, 2017, 02:43 pm
Posted on April 17, 2017, 11:32 pm
Dear Maiden Lane.

As a financial institutions, there are cases where we're unable to proceed with the payments and we require further details. We're regulated by the FCA (also in every market where we receive and deliver funds), so it's a very strict process which unfortunately we cannot overlook.

Our team has been in touch via email explaining the situation. Please, feel free to get back to us should you require any additional information about it.

Best wishes.
TransferWise Support Team.
Maiden Lane
Posted on April 18, 2017, 05:41 am
Transferwise, your team hasn't said crap via email aside from the canned rote response that I violated the agreement, which is unusual since I never had a chance to even use your service. I know all about FCA compliance; I'm a central banker.
Posted on April 20, 2017, 06:37 am
Hi Maiden,

We´re really sorry for inconvenience. We have sent you an email on April 10th with further information. We would be more than happy to get it sorted, but we would need some more information from you. We would appreciate your call, you can reach us from Japan: +8 134 589 4624 or US: +1 888 908 3833 Or alternatively, please get back to us on and let us know when would be a good time for you to receive a call.

Looking forward to hearing from you.
Best regards,
TransferWise Support Team

Not sure why, but my account was deactivated even after I went through the trouble of sending my legal DL and then--get this--a selfie of me actually HOLDING the ID, as they requested. Now it's true, I'm an ugly bastard, but that shouldn't have been enough to close the account without so much as a how do you do.

Archie MacKinnon
Posted on February 28, 2017, 03:54 pm

I have not used Transferwise but have compared their conversion rates versus Canadianforex and the Royal Bank of Canada (RBC) who I do use frequently. The transfer rate today for $2500.00 Canadian dollars to US dollar was as follows: RBC CND $2500 converted to US $1847.88 TRANSFERWISE CND $2500 converted to US $1859.66. CANADIANFOREX CAN $2500 converted to US $1867.75. I did not compare Knightsbridgefx which operates in Toronto. RBC had the most expensive conversion but not by much and the funds are immediately available! Transferwise was in the middle and Canadianforex was the best conversion by say $20.00. However, when funds are transferred to the destination account there is a US $15.00 charge by RBC. In this example RBC looks the best as funds are there immediately if you are transferring to your own US account