An update on coronavirus — from all of us at TransferWise

Kristo Käärmann
17.03.20
2 minute read

Right now, people really need to be able to move and manage their money around the world to support each other.

So we wanted to update you on what you can expect from TransferWise.

We don’t expect a disruption to our service

  • We’re an online service, with no physical branches or deliveries — so you can send, spend, receive, and convert currencies as normal.

  • Remote working has always been part of our company culture, so we’re already set up to be operational for the long term.

  • We’re working with our regulators, including the UK Financial Conduct Authority (FCA), others in the US and around the world, to make sure we have the best possible plans in place.

We’re ready if anything changes

  • We’ll be closely monitoring whether there are challenges delivering money to particular countries or specific banks.

  • Notifications in the TransferWise app and website will tell you if your transfer is likely to be delayed.

  • All our employees are working from home to protect their own and their communities’ health — we’re fortunate to be able to do this.

I know the coming months will be tough for many businesses, so I don’t say the following lightly.

At TransferWise, we’ve worked hard to build a sustainable company with strong financial foundations. It’s our number one priority to keep your money moving, and we’re in a good position to make that happen with as little disruption as possible.

I hope it won’t be long till we’re all back to living our international lives to the fullest. Until then, stay safe.

And as always — onwards,

Kristo and the TransferWise Team

TransferWise is the smart, new way to send money abroad.

Find out more
News

Q1 2020 Mission Update

To the TransferWise community, How much closer did we get to making our mission of Money Without Borders a reality in Q1 2020? TL;DR. This has not been a...

Kristo Käärmann
09.04.20 10 minute read

Tips, news and updates for your location