Recently I was sent a link to this brilliant website for transfering money. It is just so simple and easy to use. The great thing is you can transfer small amounts too. Some banks and currency exchange companies only transfer a minimum amount. Whether it’s for transfering currency to your own bank account or to send money to family or friends its a brilliant and reliable service.
I have also just read on their blog that you can now set up GetPaid with Transferwise. Basically freelancers with international clients, companies selling overseas or anyone needing to receive money from abroad.
- Get up to 5% more in your bank account when invoicing a client in their currency.
- Overseas clients pay up 5% less when you invoice them in your currency.
- Fully secure & FSA regulated.
- Zero fees on receiving payments.
Visit this link for more information http://transferwise.com/getpaid
The exchange rates are good. Transferwise will send automatic emails when you have set up the exchange and again when the transaction has gone through. It normally takes 24 -36 hours for the transfer to be completed. I personally have used it 3 times now and I find it really efficient. You get an instant currency conversion rate and you can track the process of the transfer.