Australia, Singapore, South Africa, India, Turkey and Romania have just received the TransferWise treatment. So if you're in the habit of sending cash to or from any of these countries now is the time to try them out.
I have been using them for a couple of months now and in my experience they cannot be beaten on the rate, not only do they provide the mid-market rate but they only take a tiny commission and you'll know exactly what's what before you hit the button. I recommend you give them a try, it's really easy to do, you don't even need to pick up the phone, I'm sure you won't be disappointed!
We've used them three times now, each time with varying results. The first time took around 30 hours bank to bank. The second time took longer as it took them 24 hours just to match our £1000 with other people's money before it moved. However the third time we transferred the money to them around 10am and it was in CA by 6pm. We even got a free transfer the third time so that was an added bonus!
I’m living in France at the moment, but still have US bank accounts. Every month I transfer money for rent here from my US bank to my landlady’s French bank. Wondering if there might be a more economical way to do this.
Made my first trial transfer yesterday and (although the money isn't due in France till tomorrow) it was incredibly easy, a decent rate and much smaller charge than my own UK bank would make. Excellent follow-through from TransferWise at every stage. Provided the money *does* hit my account tomorrow (and I have no reason to suspect otherwise) much to be recommended! Thanks for linking to this!