Money Transfer – Transferwise to Introduce Added Fees

Money transfer company TransferWise has announced that they are going to be introducing two types of additional fees, to help cover costs of 3rd party providers:

  • From 3 October 2018, there will be an additional 1 AUD fee when you pay with POLi (from Australia)
  • From 1 December 2018, there will be an additional fee to send money from a borderless account to another bank. The total fee will depend on whether you’re sending from one currency to another, or transferring money in a single currency.

Read my review of TransferWise here. The full list of fees per currency can be found here.


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