TransferWise is an online money transfer service that is regulated and fully licensed. It helps people and businesses save significant amounts of money compared to banks by exchanging currencies at the real mid-market rate rather than charging hidden fees of 3-5% like banks. TransferWise provides full transparency on fees and has the lowest real-fee guarantee, being up to 85% cheaper than banks. Money is transferred through matching payments going in different directions within countries so currency never actually changes hands across borders.

1. A far better way to send money abroad

2. Online money transfer
- Peer-to-peer international money transfer service: FSA regulated and fully licensed
- Helps people and business save significant amounts of money
- 5-star rated by customers, and a top 5 money site on trustpilot.com

3. The facts
We are the only service that makes exchanges
at the real mid-market rate (most banks
charge a hidden margin of 3-5%, even if they
claim „no fees‟)
Full transparency - we clearly entire state the
fee we charge
Lowest real-fee guarantee, and we‟re up to
85% cheaper than banks
Convenience - no registration required to use
the service

4. In the media
“Makes currency exchange considerably cheaper…
cuts out the banks by matching your exchange with
“…using the internet to spark a digital revolution in
someone else‟s”
financial services, much as Amazon has upended
the retail sector, or Skype has changed telephony.”
“…enables SMEs to substantially reduce
“Transferwise cuts out banks and their commissions” the cost of transferring money
internationally.”
Start-up of the week (Aug 2012)

5. How it works
1
User books their They deposit funds into our secure We pay the recipient from our
transfer online local account in their country local account in that country
1. 2. 3.
We match multiple payments going in different directions in the same country,
so money never actually moves across currencies or countries.

6. The team
Taavet Hinrikus: Co-founder
Skype‟s Director of Strategy until 2008 – he joined the firm
as its first-ever employee.
Kristo Käärmann: Co-founder
Former consultant with Deloitte and PWC
Board and Investors
Max Levchin (PayPal Co-founder), Index Ventures, IA Ventures, Seedcamp

7. Find out more at TransferWise.com
Twitter: @transferwise | facebook.com/transferwise