TransferWise

[gojira]

If you want to receive money, you get bank details for the local currency, so the sender pays whatever they pay for a local bank transfer. You then receive the money in said Currency and then convert it yourself at your own (minimal) cost.

Hope that makes sense.

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Yes, it does. Thank you Niels. Not really what I need though. I need something were I pay the fees, not the buyer.

[gojira]

One last question please. Is it free to have a transferwise account even if you don't have much money in it? Or do there have to be a certain amount of monthly movements in said account for it to be free?

[Niela]

One last question please. Is it free to have a transferwise account even if you don't have much money in it? Or do there have to be a certain amount of monthly movements in said account for it to be free?

All free, you don't pay anything... [emoji5]

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[gojira]

All free, you don't pay anything... [emoji5]

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Nice. I will give it a try through your link when I have some free time.

[Stevo]

Good tips. I?ve had a Monzo card for a few years now. I use it everywhere, including the UK. I also use it for my purchases from down under as, again, there is no foreign currency fee charged.


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[Niela]

Good tips. I?ve had a Monzo card for a few years now. I use it everywhere, including the UK. I also use it for my purchases from down under as, again, there is no foreign currency fee charged.


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What's the exchange rate they give you though?

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