TransferWise Borderless Account | Explained

1. Borderless Account

2. Instant local bank details Easy multicurrency Beat bank fees. Get paid like a true local in the UK, US and Eurozone Hold and manage your money in 15+ for future payments Real exchange rates Top-grade security Switch between currencies & make payments at the best possible rate Trusted by one million people & businesses across 60+ countries.

3. i Bloomberg Fortune Financial Time "Banking across borders used to be an expensive pain in the neck until TransferWise found a better way to do it." "Unlike traditional accounts, the [Borderless account] charges no set up or monthly fees, and users can receive money for free." "Hold money in 15 different currencies with account numbers for use in the UK, US and Europe.

4. An account built to save you money. Old-fashioned bank accounts only work properly in one country and one currency. And it gets expensive when you try to use them across borders. TransferWise's new Borderless account solves all of this and saves you money. Now you can send, receive and organise your money without crazy fees or even-crazier exchange rates - just a small, fair charge when your money moves between currencies Bad exchange rates have no place in the world we’re building. Banks and old-school money companies often hide the true cost of currency exchange and international transfers. They do it by converting your money at an unfair exchange rate which suits them, not you. With your Borderless account, money always gets converted at the real exchange rate, with low fees and no surprise charges.

5. How TransferWiseworks TransferWise is built around clever peer-to-peer tech, so you always get the real ‘mid-market’ exchange rate – what you see on Google or XE. British Pound Coverage U.S. Dollar local bank details are provided to Borderless account holders by Community Federal Savings Bank, NYC, USA. Get your own Account Number and Sort Code. Euro US Dollar Get local bank details U.S. Dollar local bank details are to Borderless account holders by Community Federal Savings Bank, NYC, USA. Get your own Routing (ABA) and Account Number. Get your own SWIFT/BIC and IBAN details.

6. Hold & manage money Send money to 50+ countries. You can hold and manage money in 15 different currencies. This lets you avoid exchange rate movements and prep for future transfers. You can use money in your Borderless account to send to any of the currencies on TransferWise GeorgianLari Hong Kong Dollar CroatianKuna Hungarian Forint IndonesianRupiah Indian Rupee Japanese Yen South Korean Won Sri LankanRupee Moroccan Dirham Mexican Peso MalaysianRinggit Norwegian Krone New Zealand Dollar Philippine Peso Pakistani Rupee Polish Zloty Romanian Leu Russian Ruble Swedish Krona Singapore Dollar Thai Baht Turkish Lira Ukrainian Hryvnia US Dollar Vietnamese Dong South African Rand United Arab Emirates Dirham Australian Dollar BangladeshiTaka Bulgarian Lev Brazilian Real Canadian Dollar Swiss Franc Chilean Peso Chinese Yuan Colombian Peso Czech Koruna Danish Krone Euro British Pound US Dollar New Zealand Dollar Polish Zloty SwedishKrona Singapore Dollar Euro Hong Kong Dollar Hungarian Forint Japanese Yen Norwegian Krone British Pound Australian Dollar Canadian Dollar Swiss Franc DanishKrone

7. Brought to you by Visit iCompareFX International Money Transfer Reviews & Comparisons Reference: https://transferwise.com/borderless