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 Is WISE legit

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PATAR
post May 25 2023, 08:15 PM

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From: Sweden/Kedah
Yes, have used it several times to transfer money to Malaysia. Very competitive fees compared to other services, and very fast as well.
PATAR
post May 25 2023, 08:52 PM

Getting Started
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Junior Member
197 posts

Joined: Jan 2018
From: Sweden/Kedah
QUOTE(Lembu Goreng @ May 25 2023, 08:41 PM)
X10 better than credit card in what sense?
*
I have "normal" bank issued cc, I have some niche cc, with no extra fee for currency conversion, only use Mastercard official rate with no extra surcharche.

Now when I go abroad naturally the latter card with no conversion fee is a lot better than that normal bank issued cc with conversion fees.

But, transfering the money with Wise to a local bank account actually has an even lower cost than that "no fees" cc. As long as the amount is fairly high, like above RM5000.
Wise fees are even lower than the official MC/Visa conversion rate.

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