On: No End in Sight for Crypto Sell-Off as Bitcoin Bre...

[throwbacktictac]

Tranferwise makes me cringe. I fell for the hype. I failed to do research and fell into the same tarpit that even a cursory glance would have revealed.

They withdrew my funds. Promised a transfer date by the following date. Three days pass and the suddenly lock me out of my account and asked for a bunch of documents to complete the transfer.

[Symbiote → throwbacktictac]

For most people making normal-person-sized transactions, TransferWise is fine, and doesn't need lots of documentation.

For example, paying rent on a holiday home, or sending money to a son or daughter studying abroad.

Larger sums, or transfers involving Americans, are more likely to need the additional identity checks.

(Source: my usage, and feedback from people I've recommended the service to.)

[wgerard → throwbacktictac]

I can say from the sender side, it was fairly straight-forward and great to use. Sorry to hear about it being a pain from the recipient side.