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Old 26.05.2017, 17:18
bill_door bill_door is offline
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Re: Transferwise Borderless account

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I have just set up & been verified. I don't seem to have an account as such, you nominate where the money goes to. I don't see it being as much use as you have to email request money unless I have not understood so more like PayPal



Four figure cash transfers at effectively spot with minimal fees is the big advantage. up to now i can't see myself transferring 5 figures using this even between my own set up accounts and previously tested.

what OP mentions is more US centric. allowing US residents to have EU/UK IBANs and allow them to easily transfer money to themselves or then third parties in EU/UK leveraging the IBAN ssytem.

when the reverse is available where I get a US account and can use ACH to transfer to my US brokers then there might be some potential savings to be made.
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