{"id":13605,"date":"2020-05-14T08:46:03","date_gmt":"2020-05-14T17:46:03","guid":{"rendered":"https:\/\/www.reead.com\/en\/?p=13605"},"modified":"2024-04-24T15:33:18","modified_gmt":"2024-04-24T22:33:18","slug":"transferwise-review","status":"publish","type":"post","link":"https:\/\/www.reead.com\/en\/transferwise-review-136052020\/","title":{"rendered":"Wise Review: Safe, Fast and Cheap to transfer money abroad"},"content":{"rendered":"

You need to send money abroad and save on fees ? Or to spend when traveling without any foreign transaction fees ? I will tell you how with my Wise Review !<\/p>\n

\"TransferWise<\/p>\n

What is Wise?\u00a0<\/em><\/h2>\n

If you\u2019re looking earn and spend money internationally, you\u2019ve found the<\/em> company to do it. Wise is a well-respected company that has both the best exchange rates as well as the most accessible customer service around.<\/p>\n

While international money transfers often gouge consumers on hidden fees and ever-increasing currency exchange rates, Wise is a straight-shooter. In fact, for the past 3 years, their \u2018Borderless Account\u2019 and its associated MasterCard, has been ahead of the game when it comes to utilizing a multi-currency account.<\/p>\n

Get paid like a local<\/h2>\n

Wise\u2019s Borderless Account solves a multitude of problems experienced by the international worker: no fees, the ability to open local bank accounts, as well as get paid in that country\u2019s currency.<\/p>\n

In addition, travel between multiple areas\u2014encompassing 50 countries across North America, Europe, and Asia\u2014allows Borderless Account holders the opportunity to draw money free from foreign transaction fees, could be very helpful for your next holidays in France<\/strong><\/a> !<\/p>\n

Account holders enjoy competitively low exchange rates and free account set up. Adding money to the account is relatively simple and offers many options to do so: credit or debit card transfers, bank transfers, including accepting money from outside banks.<\/p>\n

There is a 0.2% fee when adding certain types of payments, and money added to your account must be received in the same currency you set up initially. However, with the ability to hold up to 40 different currencies simultaneously, this is typically not a problem. Once money is in your Borderless Account, you may then convert it to any currency desired.<\/p>\n

Spend like a local \u2013 a review of the Wise Travel MasterCard\u00a0<\/strong><\/h2>\n

One of the best features of opening a Wise account is the complimentary MasterCard that that you\u2019ll receive. Using this MasterCard offers several benefits to the well-seasoned traveler.<\/p>\n