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How Does a Transfer Discount Work?

If you've been invited to TransferWise by one of our customers, you'll receive a discount on your first transfer. This will either remove or reduce the fee depending on how much you decide to send. You will see the discount indicated by "Free transfers".

You can see your free transfers under the Send Money button when you are logged in to your TransferWise profile.



 

How they work:

Transfer discounts are single use and automatically applied to the first transfer you set up on your TransferWise profile. The amount of the discount will be specified in your invitation email. 

 

What does the discount apply to to?

The transfer discount is applied to the normal TransferWise fee that you see in the calculator when you first start creating a transfer. (usually 0.5%, 0.7%, 1% etc. of the amount you're sending). This means that any additional fees, such as credit card fees or any additional fees from your bank are not covered. 

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