Last Updated on April 15, 2023 by Mavia

Oh yes, We all face all this problem can’t access to Paypal in Pakistan due to various issues, Payoneer isin’t quite there yet, we also faced issues while making their debit cards and facing hectic yearly fees on it. On top of it we pay extra when ever we transfer funds to our bank. Why do we even have to pay expensive exchange rates. Well we have found our partner Transferwise

Freelancing is tough getting new projects, on fiverr, Peopleperhour or selling online, late night working and pushing the deadlines we all have done that and we face the common issue which is Payments. we recently found Transferwise as the best option for us. Let me explain why?

Contents hide

1 The Transferwise Borderless account.

2 Send, spend and receive money for less.

3 Spend at the real exchange rate.

4 Receive money with zero fees.

5 Easy online setup.

6 Conclusion

The Transferwise Borderless account.

One account to send money, receive money, and spend around the world up to 8x cheaper than the banks. Bye bye bank fees, hello world.

Send, spend and receive money for less.

Compare the cost of spending £250 in Euros. See available currencies

Spend at the real exchange rate.

Spend the currencies in your account anywhere in the world with the TransferWise debit Mastercard®. Get low conversion fees, and zero transaction fees.

Free to pay with currencies in your account
Free ATM withdrawals up to £200 per 30 days
Only pay a small conversion fee when you convert your money — typically between 0.35% and 2%
Automatically convert your money at the real exchange rate
Accepted anywhere in the world that accepts Mastercard

Receive money with zero fees.

With your borderless account you get instant international bank details to receive money from over 30 countries around the world with zero fees. That means you’ll get:

Australian account number and BSB code
British account number and sort code
European IBAN
US account number and routing number
New Zealand account number

These are your personal details to get paid from the UK, the US, Australia, New Zealand, and any country in the Eurozone, and no-one pays any fees.

Easy online setup.

Get your free account quickly and easily online.

Just complete your profile and upload your ID documents to verify your account for security. Then start sending and receiving money around the world.

Conclusion

TransferWise brings a streamlined approach to international money transfers. if someone was requiring a U.S. Dollars to Pakistani rupee transfer, TransferWise would find a peer looking for a Pakistani rupee to U.S. Dollar exchange and match these peers together.

Transferring money internationally is a money maker for the banks. Banks charge up to 5% of the amount to be transferred internationally and TransferWise charges 1 % When sending money from US to Pakistan. That is 5 times LESS than what banks charge. On a $1000 transfer, a bank would typically charge $50 to transfer the money to another country whereas TransferWise will transfer that same $1000 and charge you only $18. Really? Really.

https://transferwise.com/u/mavias