TransferMate serves individuals and businesses.
It operates region-specific multilingual websites.
The company provides 24/7 phone support.
Business clients may choose from spot transfers, stop loss orders, market orders, international receivables and mass payments.
Verifying bank account details and payee notification happens automatically.
API integration with most popular accounting software platforms is easy.
The TransferWise app design and user experience of their technology is great with simple, intuitive processes.
Registration - Fast and easy account creation
ID verification - Instant in some countries
Transfer speed - It can be instantaneous in some countries. Fast payments to TransferWise comes at an additional cost.
Minimum transfer amount - $1
Mobile app - Simple and easy to use. Probably the best designed app of the international money transfer companies.
Payment options - TransferWise has the broadest range of payment options. Local bank transfer, debit / credit card and country specific solutions such as POLi.
TransferWise scores better in the Ease of Use category