Wise x Joe Thomas’ guide to the ultimate stag or hen do
Thinking of combining your pre-nuptial celebrations in a sten do? Read expert tips from Wise and Inbetweeners' actor Joe Thomas on a united stag and hen do.
The Real Cost of Sending £1000 to Euros
###How much does it cost to send £1,000 to Euros?
£5.00. If you use Wise.
If you use your bank, it could cost up to £45.67 in hidden charges. Ouch.
Here are the numbers:
The red bit? That's the hidden charge no-one tells you about. Until now.
####But my bank is much cheaper than this?
While your bank may appear cheaper upfront, it's important to check the exchange rate.
Some banks may add a markup to the exchange rate they offer you, which means you could be paying hidden charges.
Even if you're only paying £4 upfront to the bank, the amount you receive on the other end may be less than you expect.
If you're unsure, use the calculator on the Wise homepage. It will show you exactly how much you'll get for your transfer - and you can compare that to your bank.
####So how is Wise cheaper?
At Wise we're all about transparency. No hidden charges. No nasty surprises.
Wise uses a mid-market exchange rate and charges a low, transparent fee. That's why it's cheaper.
It's only fair. It's your money.
The mid-market exchange rate is the same one you see on Google. Don't accept anything else.
####Can I look at the data?
Sure.
The above graph was created using data collected from the surveyed banks' websites between May 27th 2016 and June 1st 2016. The survey compared sent amount of £1,000.00 to Euros, paying with bank transfer and receiving with a bank account (including fees).
For anyone interested, read the full details on how we determine bank fees.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Money without borders
Find out more
Wise x Joe Thomas’ guide to the ultimate stag or hen do
Organising a stag or a hen do? Here are our top tips from Inbetweeners' actor Joe Thomas and Wise on keeping costs down and keeping it classy.
Wise x Joe Thomas’ guide to the ultimate stag or hen do
Organising a stag or hen that fits everyone's budget can be a 'mare. Read our expert guide from Wise and Inbetweeners' actor Joe Thomas on budgeting like a boss
Wise x Joe Thomas’ guide to the ultimate stag or hen do
Got plenty of moolah for a stag or hen do? Check out this exclusive guide from Wise and Inbetweeners' actor Joe Thomas on exotic locations for splashing cash
Share in the future of Wise
10 years down, and now over 10 million of you have joined our mission of money without borders. There’s also 2,400 Wisers across 15 offices working to make...
The wise way to send money to Nigeria
Still using a bank or broker to send money? Chances are you're overpaying. Traditional providers are deceptively expensive because they use bad exchange...
