Large transfers. Less stress. Real rate.

If you're sending a lot of money abroad, we'd like to give you peace of mind. You'll always get the real exchange rate, be able to track your transfer, and reach a specialist if you need to.

The rate is mightier than the fee.

Here's how much it actually costs to send £50,000 to euros with TransferWise, along with three high street banks. As you can see, you have to look at the exchange rate and fee in tandem.

Compare the costs

Exchange rate
TransferWise 1.11191
HSBC 1.08940
Lloyds 1.08490
Barclays 1.08120
Transfer fee
TransferWise £184.58
HSBC £4.00
Lloyds £9.50
Barclays £0
You receive
TransferWise €55,390.26
HSBC €54,465.64
Lloyds €54,234.69
Barclays €54,060.00

Data collected from providers' websites on 10th of July. Learn more

On every transfer, you get the real rate — and your recipient gets more money.

To make extra money, banks often add a spread to the exchange rate. It's like a big, hidden fee.

Our smart tech and lower costs let us give you the real rate, like the one you'll see on Google. Combine that with our transparent, upfront fee, and more of your money gets to the other side.

And if your transfer is over £100,000, your fee will be 0.1% less on the amount that's over that threshold.

See how much your transfer will cost

Send money

Money doesn't get more important than this.

Purchasing property
No matter the size of your property abroad, you don't have room for hidden costs. Neither do we. You'll always see the transfer cost upfront.
Get started >
Paying tuition
Don't learn about exchange rates the hard way. Banks like to mark them up, but we always give you the real rate, like the one on Google.
Get started >
Moving an inheritance
Death is hard enough; we won't add to the trouble. It's easy to set up a large transfer, and you can track your money every step of the way.
Get started >
Moving savings
It's your hard-earned money. Not the banks. Not ours. With the real exchange rate, you'll keep more of your savings when you bring them home.
Get started >

Tips for large transfers.

Learn your bank's limits

Learn your bank's limits

We have very high transfer limits, but your bank might not. Ask them how much they'll let you send per day or per transfer. If they have limits, we can help you plan your transfer.

Get verified in advance

Get verified in advance

Send us your ID and proof of address in advance to save time on verification later. See how verification works with TransferWise.

Lock in your exchange rate

Lock in your exchange rate

When you set up a transfer, your rate is guaranteed for 24–48 hours, so you have time to take advantage of a good rate. Sign up for our rate alerts, and we'll let you know when the rate is best.

Your money's safe with us.

TransferWise is an authorised Electronic Money Institution, independently regulated by the Financial Conduct Authority (FCA) in the UK, the Financial Crimes Enforcement Network (FinCEN) in the US, and many other regulators around the world.

To safeguard your money, we keep it in low-risk financial institutions including JP Morgan Chase, Deutsche Bank, and Barclays.

We're also happy for you to judge us by our over 5 million customers. See what they have to say on Trustpilot.

Stay on top of the rate.

Sign up for our rate alerts and we'll let you know when the rate is best.

A support team dedicated to large transfers.

We want to make it as easy as possible to send large amounts of money abroad.

If you have any questions, or something's not clear, just reach out. Our specialists can walk you through the entire process.

Contact us

Send money

FAQs

Once you’ve opened your TransferWise account, we’ll need to verify your identity, usually with some photo ID, proof or address, and/or a picture of you holding that ID.

The way we verify you depends on a few things:

The amount you send:

  • when you send larger amounts, like 80,000 GBP or more, we might need to see additional documents that show how you got the money.
  • when you send smaller amounts, we'll usually verify your identity.

The currency you send:

  • some countries require some proof of identities to send any amount.
  • some currencies require further identification. For example, sending US dollars requires an online banking log in.

How many transfers you've made:

  • while we might only verify your identity at first, we might need to verify your address later on.

A valid ID document can be:

  • passport (photo page only)
  • if you're a Nigerian citizen, we only accept passports or the new type of Nigerian national cards
  • national ID card
  • photo driver's licence (except New Zealand residents sending NZD)

A valid proof of address document can be:

  • utility bills: gas, electric, or landline phone (no mobile phone bills)
  • a bank or credit card statement (photo/scan of a physical letter or PDF of statement)
  • a council tax bill, or a HMRC notification
  • vehicle registration or tax
  • photo driving licence showing your address and expiry date
  • any other government or financial institution-issued document

If your money comes from your salary, we might ask for:

  • pay slips
  • a recent tax return
  • a letter from your employer about how much you earn

If your money comes from investments, we might ask for:

  • investment or savings certificates, contract notes or statements
  • confirmation from the investment company, bank or dividend payerAnswer...

If your money comes from selling property, we might ask for:

  • part of the sales contract that’s signed by both parties
  • a bank statement that shows you’ve received the money, with reference to the sale of a specific property

Save on large transfers.

We take the stress out of sending large amounts abroad — and help you save for the important things.