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Transferwise

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DrJen
9/20/2019 09:14 EST

Hello Everyone:
I am visiting Portugal and need to transfer funds from my bank in USA to a vendor in Lisbon. I signed up/registered with Transferwise to withdraw funds and expected Transferwise to ask for my bank account number and the withdrawal amount.. But instead, my Wells Fargo log in page automatically popped up asking for my user name and password. I was afraid to continue the process at this point. Has anyone encountered this step? Is this safe and legitimate. Please advise. Thank you. Jennifer

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RockinRobin
12/4/2019 05:20 EST

Yes, TransferWise is safe and legitimate, I’ve been using it for years and it has saved me thousands. I get paid in USD but lived in Europe so the bank’s currency exchange rates were killing me, 2-3 cents worse than market rate. TransferWise uses the actual market rate and all you pay is their fee which is much lower, depending on how much money you move.
The sign-in process you described is normal and nothing to worry about. They need to be able to link to your account, that is all.

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