These latest expansions come at the heels of other updates, including price drops for sending money to 10 currencies in Asia and enabling customers to receive international payments within minutes.
Transferwise made it CHEAPER - price drop up to 30%
In September, TransferWise made it cheaper for customers to send money to MYR or any of these other nine Asian currencies — INR, THB, IDR, CNY, PKR, VND, KRW, LKR, or BDT — as part of its continuing effort to make international money transfers more affordable and transparent. For some currency routes, the price drop can be as high as 30%.
They were the first global payments company to go live on DuitNow, allowing customers to receive their international payments in less than 2 minutes. Customers can make instant pay-ins to fund their transfers, as a result of their integration with the Financial Process Exchange (FPX).
TransferWise also made it faster for customers to receive their payments.
Here's why you should consider TransferWise’s service in Malaysia:
- Cheaper 一 by up to 4x compared to banks and other providers.
- Faster 一 50% of all transfers globally are completed within an hour, with over 30% arriving at their destinations instantly (in less than 20 seconds).
- Easier 一 100% online experience from verification to the setting up and completion of transfers, with no need for customers to leave their homes.
- More transparent 一 the only service to use the real, mid-market exchange rate seen on Google.
For more info, visit https://transferwise.com/my