TransferWise

First, it was money transfer.
TransferWise started as a smart new way to transfer money abroad without the crazy bank fees. By building a global network of international accounts, now we can send your money in over 60 different currencies up to 8x cheaper than a bank.

How? TransferWise guarantees the mid-market rate on every transfer. Instead of using your bank and paying transfer fees plus exchange rate markups - when you use TransferWise, you send money to our account in your country and tell us who you're sending it to. Then we send the converted amount to your recipient from our account in their country. The money never actually crosses any borders, which means we can charge the smallest possible fee to convert your money and ensure it arrives safely.