Use Free TransferWise app for PC- Windows 10, Mac
Table of Contents
- 1 What is TransferWise PC app
- 2 Pricing and Fee
- 3 How to use the app
- 4 Transferwise fees
- 5 How to Install TransferWise app on Windows and Mac
Download the TransferWise app on PC. Send money abroad quickly and easily, at the lowest possible cost with This app. Hold and convert your money in 28 currencies. And always get the real exchange rate.
What is TransferWise PC app
TransferWise for PC is a peer-to-peer money transfer service, originally started by two Estonian Fintech innovators, Taavet Hinrikus, (Skype’s first employee) and Kristo Käärmann based in the UK. It offers a variety of products and services resulting in over £5 billion being moved around every month, even in the wake of coronavirus.
TransferWise for Windows app states it saves individuals and businesses £3 million in hidden fees every day. Currently, the service is available in 59 different countries, although it is also adding to that list and now has offices in 14 different locations around the world.
Alongside its transfer service, TransferWise PC has recently added a multi-currency account, which lets you hold over 50 currencies at once and convert them when you want, along with a TransferWise debit Mastercard. The service is up against similar products from WorldRemit, Azimo, Venmo, Western Union, PayPal, Zelle, and Moneygram to name the key players in the currency exchange marketplace.
TransferWise is an innovative international money transfer provider that is often dubbed the “Robin Hood” of the money transfer industry. They focus on making bank transfers more affordable than traditional banks by charging low and transparent transfer fees and converting money at the true mid-market exchange rate. In other words, there are zero markups on the exchange rate.
Pricing and Fee
TransferWise fees are low and fully transparent. They charge a percent of the transfer amount and a flat fee for certain transfer routes (country combinations). The minimum fees and percent depend on the currencies you are sending from and to and certain currencies have variable fees depending on the total amount being sent.
For example, from GBP (British Pound) to EUR (Euro), you will pay 0.35% of the transfer amount with a fee of £0.80. The reverse, EUR (Euro) to GBP (British costs 0.5% of the transfer amount with a flat fee of €2. Sending DKK (Danish Kroner), to Euros will cost you 0.5% of the transfer amount on the initial DKK 50,000 and 0.3% on anything over that amount.
How to use the app
Register for free.
Sign up online or in our app for free. All you need is an email address, or a Google or Facebook account.
Choose an amount to send.
When you will choose the fee that you want to transfer, the app will let you know how much fee it is going to cost you for that transaction.
Add recipient’s bank details.
Fill in the details of your recipient’s bank account. If you don’t know their details, the platform will request them for you.
Pay for your transfer.
Send your money with a bank transfer, or a debit or credit card. You can track your transfer in your account, and we’ll tell your recipient it’s coming.
Account opening and maintenance fee
Account opening is free and maintaining your account is also free, with no monthly cost.
Transferwise bank cards, including delivery, are also free.
Withdrawing money with Tranferwise from any ATM is free up to £200/month, but costs 2% above this amount.
Transferring money in the same currency as your Transferwise account has a flat fee. This will vary depending on your currency. The international transfer fee is €0.5-2.0.
Currency exchange fee
It also charges a currency exchange fee for international transfers. This will vary between 0.35-2.00% of the exchanged amount, depending on the currency.
Charges a top-up base fee of 0-0.2%, with an additional charge on top of this for certain countries, e.g. +0.4% for Hungary.
How to Install TransferWise app on Windows and Mac
- Install an Android emulator on your PC, I will recommend the BlueStacks and NoxPlayer.
- Run the .exe file on your PC, it will start the installation process finish it by following the on screen instructions.
- Open the emulator and log in using your Google ID, it will give you access to the PlayStore app.
- Search for the TransferWise app.
- Click on the install button to start the download process.
Use the app on your smartphone as well, click on this LINK.