News Team update

9 out of 10 bunq customers who send money abroad use the TransferWise integration

Wise

13.05.20 (updated more than 1 year ago)

Read time 1 minute

How can I save time and money when sending money abroad?

It’s a question that every expat has probably asked themselves at least once. Be it to support your parents, chip in on that common gift for your friend’s birthday or simply split your money into different accounts, we all need to send money internationally at some point.

If you remember, back in the day this wasn’t easy at all!

Physical branches, time-wasting, hefty fees, taking money out of one account, looking for a transfer service, deposit the money...thankfully, these are all things of the past.

How come? Well, for one, you got busy and your time is more precious now than ever. We know you’re not willing to leave your house, go to a location, send money and check on the transfer later through a website or with a phone call. If there’s one keyword for this century, it’s convenience. You want things done quickly, effortlessly and hopefully at a low-cost.

We understood this early on - it’s at our core to be transparent, quick, efficient and affordable. But how can we make things even better for you? By incorporating it right into your banking aap!

In 2018, we partnered with bunq to make your life easier. bunq first supported 39 different currencies, then introduced a new feature that allows you to send US Dollars to Malaysia, Euros to Romania and British Pounds to Canada. You want to send US Dollars to Hong Kong? Or Euros to Poland? Or British Pounds to Australia? Now you can!

We recently did a customer survey, and it seems like bunq users are overwhelmingly happy with our partnership! In fact, 9 out of 10 bunq users who use TransferWise send money abroad directly through the bunq app! This is because it’s super convenient having the low cost and real exchange rate of TransferWise available within your regular bunq app.

Here are just a few of the great things bunq users had to say about our partnership:

93% would recommend international transfers with bunq via TransferWise
88% are satisfied or very satisfied with the solution

You can start experiencing the absolute convenience of having TransferWise’ service incorporated in your bunq app too! Quick, easy, cheap - does it get any better?

*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.