Conversely, I've used them on many, many occasions over a number of years - not for the sums you're talking about although as much as a few thousand AU$ and never had so much as a problem. I'd still use them.
+1 that is my anecdotal experience also, started living between uk and us, conducted many international transfers over 5 years with no issue, was having a much harder/more expensive time with other services (I think mostly paypal) before that.
I've also used them many times, for smaller amounts, and know several people that work there. While their environment seems somewhat cultish, I find it hard to reconcile your 'scumbag' comment with the people that I know - one of whom used to work in the anti-fraud department.
Are you really claiming that fraud is part of Transferwise's standard mode of operation? I really find this hard to believe.
Re:PayPal Alternatives for Startups
by karan_baweja on Monday April 29, 2019 @07:38AM
(#19777419)
Again, sorry for the bad experience. Sometimes background checks take longer, to be on the right side of the law.
Please reach out to me at [email protected] if there is anything.
Absolutely stay away from TransferWise - educate yourself (Google is your friend) how much fraud they perform on daily basis, as internet is full of horror stories from people who attempt to use them because of their low fees. Absolute scumbags.