Message:

<p>[QUOTE=&quot;Valentinian, post: 3197554, member: 44316&quot;]I won a lot in Yesterday&#039;s Leu auction. Today I paid Leu with TransferWise. It was easy.</p><p><br /></p><p>The first time you use TransferWise you have to set up a way for them to get your money. That takes a while. Then you have to have bank details for the firm/person to which you are sending the money. European invoices usually have their IBAN number which is what you need most. You have to enter that in, their business name, etc., which is more complicated than just entering an e-mail address. </p><p><br /></p><p>But, once you have done that the second time is really easy. I had won from Leu before and paid with TransferWise, so TW had the Leu bank details already. So, all I had to do was to go to the TransferWise site and click on the old Leu transaction. Up popped the option to pay them again. I filled in the exact amount they will get this time (in Swiss Francs) and it computes how many dollars will come out of my bank account to pay that. Unlike PayPal, they get the amount you choose. You pay the small fee and it is completely clear how many dollars it will be. A couple of clicks to confirm, and TW says they will have the money in their bank account tomorrow.</p><p><br /></p><p>Instead of 4% and a poor exchange rate, I get a real exchange rate and a small fee. Why give 4% of your money to PayPal when TW will do it for a lot less?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in