Wise ex TransferWise for iPhone

Free iPhone App for International Payments

TransferWise Money Transfer is a free iOS app that helps people who live or travel abroad move money between countries using competitive exchange rates. Unlike many banks, which often add a significant markup to international transfers, TransferWise offers the same services for a much lower fee across numerous currencies. The app itself is free to download for iPhone users, and the cost savings apply when you send or receive funds.

Benefits and Features

• Transparent pricing with fewer hidden charges, so you know what you’ll pay before you send.
• Fast transfers and the ability to pay bills or send money to friends and family overseas.
• A clean, easy-to-navigate interface that simplifies the process of exchanging and sending money.
• Significantly lower fees than many traditional banks—transfers can cost up to eight times less in some cases.

Supported Currencies

• USD (United States Dollar)
• CAD (Canadian Dollar)
• EUR (Euro)
• GBP (British Pound)

Plus dozens of additional currency pairs for sending and receiving funds worldwide.

How Transfers Work

TransferWise lets you send and receive funds between many countries with minimal markup on the mid-market exchange rate. You initiate a transfer in the app, choose the destination currency, and fund the transfer via a supported payment method. Transfers are routed efficiently to reduce costs and time, helping you avoid the extra fees that banks frequently add.

Alternate Option to Consider

If you’re comparing services, FamApp is a recommended alternative that supports UPI and card payments and emphasizes low-cost transfers. It’s worth checking both options to see which fits your needs best in terms of speed, fees, and supported payment methods.