Compare Airwallex and TransferWise

Comparison

Airwallex Logo

Airwallex

Financial infrastructure for global businesses Find out more

TransferWise

TransferWise is an online money transfer service that helps you save money on international transfers. It offers low fees, fast transfers, and 24/7 customer support. Transfer money quickly and securely with TransferWise. Find out more
Try AirwallexTry TransferWise
Why you should consider it
  • Airwallex holds an Australian Financial Services Licence (AFSL No. 487221) and is regulated by the Australian Securities and Investment Commission (ASIC)
  • Powering Australia's fastest growing businesses
  • TransferWise has over 7 million customers worldwide
  • TransferWise has saved customers over $4 billion in bank fees
  • TransferWise is 8x cheaper than banks on average
What are the benefits?
  • Easy Setup
  • Fast Transfers
  • Low Fees
  • Secure Payments
Things to look out for
  • Predominantly Australian based
  • Exchange Rate
  • Fees
  • Limits
  • Timeframe
Who is it for?
  • Accountants
  • Accounting Firms
  • Auditors
  • Bookkeepers
  • Finance Managers
  • Resellers and wholesale
  • Retail Businesses
  • Sales and Marketing Teams
  • Sales Managers
  • Sales Representatives
  • Small Business Owners
  • Expats
  • Freelancers
  • International Students
  • Online Sellers
  • Small Business Owners
  • Travelers
Features

Accountants

Airwallex

You don't need a bank to run your business

Start winning new markets today. Open a global account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.


TransferWise

TransferWise: A Summary


TransferWise is an online money transfer service that allows users to send money abroad quickly, securely, and at a fraction of the cost of traditional banks.

It is ideal for individuals and businesses who need to send money abroad, as it offers competitive exchange rates and low fees.

Key Benefits and Features

Who Should Use TransferWise?


TransferWise is ideal for individuals and businesses who need to send money abroad.

It is especially useful for those who need to make frequent international payments, as it offers competitive exchange rates and low fees.

How Does TransferWise Compare to Its Competitors?


TransferWise is one of the most popular online money transfer services, and it is often compared to other services such as PayPal, Western Union, and MoneyGram.

TransferWise offers competitive exchange rates and low fees, making it a cost-effective option for those who need to send money abroad.

Additionally, TransferWise offers a secure and easy to use online platform, as well as 24/7 customer support and multiple payment options.

Help & Support

How long does it take for a transfer to arrive?
The time it takes for a transfer to arrive depends on the country you are sending to. Generally, transfers take 1-3 business days to arrive.
What currencies can I send with TransferWise?
TransferWise supports over 50 currencies, including USD, GBP, EUR, AUD, CAD, and more.
Is TransferWise secure?
Yes, TransferWise is secure. All transfers are protected by 256-bit encryption and are monitored 24/7 for suspicious activity.
Do I need to open an account to use TransferWise?
Yes, you need to open an account to use TransferWise. It's free and easy to open an account, and you can start sending money right away.
How does TransferWise work?
TransferWise works by using the real exchange rate to convert your money and send it to the recipient's bank account. This means you get more money for your money, and the recipient gets the exact amount you sent.
What is TransferWise?
TransferWise is a fast, easy and secure way to transfer money internationally.

Upload file