Sending money (online) has always proved to be a very stressful task. But with innovation in technology, banking businesses have brought in creative online ways to send and receive money across the borders. Wise is such an example.
You can pay with well-known services like Paypal, but if those services are holding you back, you can also try Wise, formerly knowns as Transferwise!
What is it?
If you need to send money across the border in a cheap and fast way, make yourself familiar with the very user-friendly service called Wise. It is an online payment system that actually helps you save money! By using Wise, you can get instant payments from anywhere in the world. With FCA regulations, you do not need to worry about the security of your account anymore.
How does it work?
First of all, registration on Wise is entirely free. Once you have registered, you have to choose an amount that you wish to send. Then fill in the details for the recipient's bank account. The system would ask you to verify your identity for your authorization. Next, you will pay for the transfer and voila, the money is sent!
You will be able to track your transactions anytime. And if you face any issue, you can talk to their customer support which is available in a range of languages. Additionally, they have offices around the world so you can have easy access to them. What if you have two different nationalities and need to exchange money every time? Well, Wise allows you to open a multi-currency account. This will end the hassle that you might have faced otherwise.
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How do you save money?
This service is, on average, 8x cheaper than leading UK high street banks. Therefore, instead of using banks and paying an additional price, you can save your bucks easily. We have always thought of finance as a conglomeration of inexplicable procedures. But now, you can get full transparency while sending or receiving money. And that's how finance has been made easy for you. With Wise, sending money abroad via the internet has become just as easy as sending an email!
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