Originally Posted by ZENRA

Don't use them for adult. More info: https://gfy.com/21821452-post5.html

I don't care for them at all. There's many other online options out there that have existed way before Transferwise. I'm sick of these no-adult 'disruption' services that don't really bring anything new to the table. It's still a bank money transfer service with a questionably slicker interface. They didn't re-invent the wheel. Mid-market rate doesn't mean much unless you're sending tens of thousands of dollars.

What's more, the fees Transferwise charge can be many times higher than their competitors so you're not really saving money. Also, if you need to send batch payments, last time I checked you couldn't with them. You'd have to do one-at-a-time whereas with competitors, you can do them all at once.

The companies I use to send wires only charge me $5 to send them all. In other words, if I need to send out 7 wires, the money is debited from my bank account ($0), and I'm only charged $5 to send out 7 wires.