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Wise: The Best Way to Send Money Abroad (TransferWise)

Accounting Stuff 35 views

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Hi, great video Can I ask? I am planning to live in Thailand and use Wise to transfer money to a Thai bank account, however, like yourself, if I am abroad and I do this transfer to Wise from my UK bank account, don't they normally send a text to confirm the transfer? if so, how do you receive that? or do you keep a British mobile number abroad?
Comment from : @kin-c72

Hi, I have an e-commerce website in UK in GBP currency I want all transactions to go to USA bank and keep the payment in GBP not in USD So please let me know if you have any solution to this? Thanks
Comment from : @thghho

My US friend wants to send me some money, I'm from Pakistan and moneygram didn't work, it's not allowed to receive money from a foreigner in Pakistan,
Comment from : @TechToolss

Excellent video
Comment from : @ricobalboa5288

I send money to bnk account but he can't receive plz help me
Comment from : @romansohal7087

Thanks for the help! Could you please do a video on how to do accounting in the multiple currencies, have trouble trying to figure that out!
Comment from : @tapchip5843

I usually watch ur videos for my accounting studies but who knew u made a great video on this too! Totally needed this simple explanation only a few like you could do
Comment from : @VS-2002

Can someone send me money like a wire transfer?
Comment from : @mariamijares986

Did your bank charged a transfer fee when you sent to Wise account?
Comment from : @yttube5165

Do you choose "domestic" or "international" payment when depositing money from your UK bank account to TransferWise Does your UK bank charge any fees for this transaction?
Comment from : @martins4083

how to send money from transferwise usd balance to other transferwise balanace ?
Comment from : @cinematicfilm6559

I am testing it I see a slightly different home screen than yours ie I do not see the various options under Balances as shown in your video Is it possible to edit the video to illustrate how do you add to your balance using different currencies It's my first time with wise and it's asking me to open a multi-currency account I am based out of Malayais and wish to make a payment using my balance from my India NRE account to pay for my daughter's fees in the UK I have entered details of under recipient of Your accounts (India NRE A/c) and that of my daughter's college in the UK under Your recipients Still continue to get the error that you need to open a multi-currency account Not sure how to proceed?
Comment from : @viveksharma5884

I use Wise, it’s great!👍🏻
Comment from : @JustMe-ob3nw

Thank you
Comment from : @laszloneduka8875

Does transferwise work with ebay managed payments?
Comment from : @realitycheck2669

Excellent video…very clearly explained…thank you 🙂
Comment from : @stevejones3864

Thanks James for the information and tips! However I found out the process isn't that simple with small US bank accounts Wise works best in the US if your accounts are with major banks It's more complicated if your bank account is held with smaller and local banks who may not have the option for you to make bank transfers through your online banking to accounts outside their bank So check that out first You might have to go through your smaller bank's online automatic bill pay service and try a transfer from there Also had trouble going through the Bank ACH option Your bank might take a couple days to verify TransferWise and you'll probably be talking with your small bank during this process I suggest opening an account with a major US bank (among those listed on their menu) if you want TransferWise to work this smoothly and if you are planning to make regular transfers
Comment from : @stevenmeyer4811

Hi, thanks for the video! I have a question Does TransferWise work in Azerbaijan? For example, you can send money to abroad with the help of PayPal, but you cannot receive any money What about TransferWise?
Comment from : @muradsalahli5684

Thank you
Comment from : @laszloneduka8875

how do I contact Wise to get a receipt from my botched transfer?
Comment from : @earlvanfleet3501

Hi James I clicked on your affiliate link Small commission going to you :)
Comment from : @TravelAdventuresWithLinda

They have deactivated my account after receiving my money I honestly know they are changing their name to avoid being tagged in bad reviews like mine
Comment from : @digitallocations1423

James, it is easy when you have USA, Canadian, UK, EU citizenship and have bank accounts there Try to transfer money if you have citizenship of an Asian or African country It is a real pain
Comment from : @AAAtaGam

good job
Comment from : @timrosandick491

Love your vids
Comment from : @ladev91

Sir please make a video on provisions and reserves
Comment from : @shannchowdhury8748

I know you haven’t made any videos about management accounting but would a video about budgets! Thanks man
Comment from : @sparksflyeat

Hey your videos are great, any plans to make some videos about business budgeting?
Comment from : @Emma-tn5el

James i need your help please, why are refunds on the left of sales ledgers and on the right of purchase ledgers, this seems abnormal to me, please help
Comment from : @TheGippy30

In 2015 I used Paypal to send money from Germany to IndiabrThis looks way better than PaypalbrEspecially the Option for BusinessesbrGood Tip James!
Comment from : @raph4481

Hi ur videos helped me for financial accounting, can u make videos for managerial accounting, Thank u so much
Comment from : @ahadali470

Can you tell us , your qualifications and steps on how you became an account
Comment from : @garrylai6757

yeah bro i have a request, could you make a video about financial accounting?
Comment from : @agunghardi5836

James I desperately need your help, please do a video, on share issue, ordinary, reserve and bonus and the effects it has on accounting equation, I would be extremely grateful as I’m struggling to get my head around this and there isn’t a good video explaining it on youtube
Comment from : @TheGippy30

Much appreciation for you Helped me a lot for CE Exams Please upload more videos soon related to Strategic Management accounting and its workings
Comment from : @amnaashfaqmalik2783

Hello JamesI like your videos and Thanks for everythingI would see videos about control account and suspence account
Comment from : @cavadaliyev1299

Great that you get to see it, while he explains
Comment from : @APNow

Is it valid in Europe as well?
Comment from : @gw8755

Thanks james
Comment from : @westernugmedia1305

Good job very helpful video ✌✌✌✌✌
Comment from : @ektaverma8907

Bro plz make a video on stock exchange business
Comment from : @KraryShortsOfficial

James do a video on ratio analysis using Balance sheet
Comment from : @muniiiii

Hey bro, thanks for ur videos especially for the accounting basics videos I have been searching for a job since this lockdown started, to get a job during that period is something that we are trying to get achieve some treasure Whatever it is I concentrated ur accounting basics videos and now I'm working in a big company with a happy profile Thanks for ur commitment, and looking forward to seeing ur more powerful and useful videos
Comment from : @abhilashm377

About a month after releasing this 'TransferWise' rebranded to 'Wise' Clearly I didn't get the memo 😅 Anyway, the process hasn't changed so I hope you still find this helpfulbrbr⏱️TIMESTAMPSbr00:00 - Introbr00:23 - Logging inbr00:33 - Homepagebr00:53 - Converting GBP to AUDbr01:14 - How to do a Low Cost Bank Transfer (Part 1)br02:29 - How is TransferWise so Cheap?br02:57 - How to do a Low Cost Bank Transfer (Part 2)br08:02 - How to do a Fast and Easy Debit / Credit Card Transferbr08:57 - Is TransferWise Safe?br09:07 - The Next Day
Comment from : @AccountingStuff