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Frequently Asked Questions

Is TransferWise regulated by the UK Financial Conduct Authority?

You know, TransferWise is regulated by many international watchdogs like the Financial Conduct Authority of UK, so they are required to do a certain check when the transfer-amount crosses a certain threshold. Well, I have not made any transfer that big, but I did transfer $80,000 twice.

What is TransferWise?

Financial technology firm TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. The London-based firm started life as a means of sending money internationally online.

How many countries does transfertransferwise support?

TransferWise currently supports sending money to 71 countries and sending money from 43 countries. The company covers 1000+ routes (country combinations) across 49 currencies, and they are also one of the few companies offering the true mid-market rate.

How long does it take to receive money from TransferWise?

Apple Pay or Android Pay is also available for certain currencies via the TransferWise iOS and Android apps. In most cases, the recipient will get the money within one to two business days. TransferWise is a top choice for international money transfers.


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