Transferring Money – TransferWise Removed Same-Currency Transfer Fees

Last Updated on February 15, 2019

The money transfer provider TransferWise has removed fees to move money from your TransferWise Borderless Account into a bank account of the same currency. It does not matter if the money is being sent to your account, or someone else’s. Some currencies, ZAR, NPR, CNY, THB, PHP, CLP, PEN, MAD or RUB still have a small fee. More here.

EDIT: Since this article was first written, TransferWise has introduced fees (from 1 Dec 2018) for sending money from your borderless account. See the updated article here.