Author: Kate Chrisman

Wiring money can be a secure way to move funds quickly, but it often comes with a hefty fee. There are ways to reduce wire transfer fees or avoid them altogether if you know how. Banks charge wire transfer fees both on outgoing and incoming wires. This means that if you want to wire someone…

What is TransferWise? TransferWise is a way to send money internationally. It’s like a bank transfer, but without the exorbitant fees (as long as the amount you’re transferring doesn’t exceed $10,000). The company was started back in 2010 by Kristo Käärmann and Taavet Hinrikus as a way to cut down on the fees they were…