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Thread: Anyone have experiece with TransferWise?

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  1. 09-25-2017, 03:24 AM #1
    Frank Beck
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    Anyone have experiece with TransferWise?

    Good or bad?

    Looking for an economical alternative to PayPal.


    https://transferwise.com/us/


    Thanks
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  2. 09-25-2017, 04:04 AM #2
    sithot
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    If you don't care about "teeth" on the transaction utilize "friends and family". Free.
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  3. 09-25-2017, 04:25 AM #3
    Frank Beck
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    Quote Originally Posted by sithot View Post
    If you don't care about "teeth" on the transaction utilize "friends and family". Free.
    When dealing with unknown vendors I want the jaws of a Rottweiler clamped onto the guy.

    lol
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  4. 09-25-2017, 05:21 AM #4
    sithot
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    Agree. BUT

    PayPal is useless for timely arbitration. They get the float on your money while playing all sorts of "what if" games. For that reason I use a credit card with TEETH linked to the account.

    EG: A Pelican seller attempted to take advantage of my good nature a few years ago on a "working CIS system".

    It was later re-listed on Pelican (again) with the cracked airbox and all the other boogers, claiming it was a working system. "It was" were the key words.

    BTW; here's a picture of "factory Porsche" grinding marks (his words, not mine). For those who don't know, that is where a "boss" resided.

    The "carefully packaged" box it arrived in.

    The return shipping was "the tuition" for this ordeal.
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  5. 09-25-2017, 05:45 AM #5
    Frank Beck
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    Ouch Tom.


    so...

    Anyone know anything about TransferWise?
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  6. 09-25-2017, 05:58 AM #6
    LiveFromNY
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    Frank,

    I've been using transferwise for more than 2 years for both business and personal international transactions. 7-figures in payments annually and no issues whatsoever. Great service, simple interface, and signficant savings over the self-serving exchange rates that banks/paypal use for international wires.

    Give them a shot. I think you'll be pleased.
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