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Transferring Money – TransferWise Removed Same-Currency Transfer Fees

The money transfer provider TransferWise has removed fees to move money from your TransferWise Borderless Account into a bank account of the same currency. It does not matter if the money is being sent to your account, or someone else’s. Some currencies, ZAR, NPR, CNY, THB, PHP, CLP, PEN, MAD or RUB still have a small fee. More here.

EDIT: Since this article was first written, TransferWise has introduced fees (from 1 Dec 2018) for sending money from your borderless account. See the updated article here.

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2 thoughts on “Transferring Money – TransferWise Removed Same-Currency Transfer Fees”

  1. Hello Sir/mam;

    I am Chiny, i have a question regarding to transfer money using your transferwise app. The question is can i transfer money at the same currency? Like Philippines to Philippines currency.
    Hope you get this concern.!

    Best regards

    1. Hi Chiny,
      If you have Philippine Pesos (PHP) in your borderless account, you are able to transfer those to other people with Philippine Peso accounts.
      At the moment, it looks like there is a flat 98.69 PHP fee for each transaction.
      You can find out more about the pricing here -> https://transferwise.com/gb/pricing/

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