We need to transfer a relative large sum on money to pay for touring services, we have done our due diligence, but banks use such an unfavorable conversion rate that the transfer becomes quite expensive. Has anyone had experience with XE.com or other similar money transfer companies? Thank you.
Posted by
Edmonds, WA 🌨 ☂
11879 posts
No personal experience, but have seen many positive comments here about it.
Posted by
WA State
3961 posts
We used wise.com formerly transfer wise in 2019. We transferred one nights stay for a flat we rented. We spoke to our banker prior and she advised wise.com (formerly transfer wise.) Great experience for us. We would use them again.
Posted by
TX, USA
4823 posts
I have used wise twice in the last couple of months - all worked like a charm, with a fee far lower than my bank will do and it did a good job of guiding me where to enter all the necessary information.
Posted by
Seattle, WA
89 posts
I've used Xoom a couple of times to do bank transfers for lodging deposits. They are part of Paypal, all went well and I was happy with their service.
Posted by
Boise, ID, USA
2300 posts
I've used Wise in past years and used it again this spring to pay for a week's lodging in Switzerland. I highly recommend it.
Posted by
Colorado
471 posts
I know a lot of people who move funds from the US who are very happy with Wise.
Posted by
Victoria, Canada
34 posts
We've used Wise (Transferwise) for years - if anything, it's even faster and more efficient now and can save you a lot of money in conversions.
Posted by
Northamptonshire, England
33837 posts
I've used Wise several times and never been unhappy. Fast and inexpensive.
Posted by
WA State
3961 posts
Another vote for Wise. We used it in 2019 to secure our first nights stay at our flat in Budapest. We would not hesitate using Wise again.