
Money transfers - the hidden billions
As our partnership with Oxfam picks up steam and the donations come rolling in, it’s interesting to take a look at just how much money is lost on hidden transfer charges to some of the world’s developing nations.
Oxfam recently posted an infographic (below) that highlights the staggering figures that India, China, Mexico and the Philippines are estimated to lose every year. It’s possible it’s actually worse - they state ‘up to 4% often taken by British banks and traditional money remitters in fees’, when we know it can be anything up to 6%. TransferWise charges 0.5%, and while we don’t reach all the places on this map quite yet, we’re getting there!
If you would like to help Oxfam fight global poverty, now you can donate 1p out of every £10 you transfer by visiting transferwise.com/oxfam
You save so much with TransferWise, so why not give a little to those in need.
TransferWise is the smart, new way to send money abroad.
Find out more
Why we introduced a hybrid model of flexible working at TransferWise
Covid-19 changed the game when it came to how we all work. Flexibility is now key when we’re looking to attract and retain the very best talent around the...

Our 2020 annual report: the financial discipline you deserve
TransferWise is building a new way to move money around the world. A way that’s faster and more convenient than the banks that came before us, and at a...

TransferWise’s gender pay gap
What is the gender pay gap? The gender pay gap is the difference in average hourly earnings between men and women working within the same organisation. The...

Welcome to the TransferWise Q4 2019 Mission Update
TL;DR To the TransferWise community, We’ve just finished Q4 and have headed into a new year and new decade. It’s time for an update on how much closer we’ve...

TransferWise once again receives TÜV Certification, rated “good”.
This article summarizes some of the results from the report that experts at TÜV Süd wrote about TransferWise.

Xero and TransferWise: A better way to bill pay
Announcing the partnership of Xero and TransferWise, which gives SMBs in the UK an easy bill payment solution through Xero