Finance FAQs

Finance FAQs

What is an exchange rate?

In theory, exchange rates are simple. A dictionary (OK, a Google search) defines an exchange rate as, ‘‘the value of one currency for the purpose of...

TransferWise content team
06.06.17 4 minute read
Finance FAQs

What are SEPA Transfers?

SEPA (or the Single Euro Payments Area) is the new format for cross-border Euro bank transfers. SEPA aims to make cross-border Euro transfers within this area...

TransferWise content team
03.28.17 3 minute read