Absolutely they can - a friend just booked some tickets for something in June and I just put the pounds into his wise card and it was instantaneous
You can generate UK bank details so the sender will do a domestic GBP to GBP transfer
You need to set up a UK bucket and you will get a UK bank account number and they will be able to GPB into that bucket with your sort code and account number - hope this helpsDon't wish to reply to good news with a negative, but according to the table, yes, you can receive GBP from Australia into a GBP account via SWIFT, but for Australian accounts, its only A$ - yea?
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That'll land GBP onto my Aussie card? Can you give a quick summary, please?
You need to set up a UK bucket and you will get a UK bank account number and they will be able to GPB into that bucket with your sort code and account number - hope this helps
It will take 30 seconds. Call me if you have issues but not tomorrowThanks ...hmmmm ... sounds like a project for the weekend .... with a bottle of gin to hand.
That sounds like a challenge!How much Gin can RF drink in 30 seconds?
That sounds like a challenge!
Are you likely to be transferring (or receiving) foreign currency to/from Someone else? If not, I really can’t see the point of Wise (even though many here swear by it). I know some like to lock in funds at a certain exchange. If that’s your thing, that’s another advantage.I'm thinking of jumping on the Wise bandwagon. While I have an ING Everyday Orange and NAB Visa Debit (grandfathered from Citibank Debit), Wise seems versatile enough and I think I should consider it. I have a CurrencyFair account as well, but CF isn't useful when withdrawing for cash unless you hold a bank account in the target country.
Having a quick look at the info and some posts, I'm a bit confused and wondering if it's worthwhile using:
My quick survey of a couple of forums (including this one) seems that people are very happy with this and the product comes highly recommended.
- There appears to be a fee in using the Wise (physical) card. This could be an issue if trying to use international ATMs to withdraw cash.
- How good are Wise's rates of conversion between currencies compared to midmarket? (That is, when converting deposited AUD in Wise into other currency wallets)
- There appear to be no free withdrawals, and it gets worse once you exceed a certain number of them per month, or a certain amount per month. It's worse than the only 5 transactions on the ING Everyday Orange.
Log in. On the Wise "Home" page across the screen are the currency buckets you already have. At the end of the horizontal list there is a + sign with the note "Add another currency to your account". Click and add GBP and the account will generate a new tile in your list with a zero balance. Click on the new tile and it will open. Directly below the balance is a a small tile with several numbers. Click on that tile and all the GBP account details will be displayed. It should take about 30 seconds as already noted.Thanks ...hmmmm ... sounds like a project for the weekend .... with a bottle of gin to hand.
It's quite easy to do and I've done it with Yen and Rupiah. Exchanged both at a great rate. Now if only the Aud versus USD could get its act together I'll have four buckets.Thanks ...hmmmm ... sounds like a project for the weekend .... with a bottle of gin to hand.
I have use Wise and really like the product, but in saying that, @SYD does make some very valid points. It's certainly a horses for courses type of product. Some of my thoughts from using it now over multiple trips (and other uses)...I'm thinking of jumping on the Wise bandwagon. While I have an ING Everyday Orange and NAB Visa Debit (grandfathered from Citibank Debit), Wise seems versatile enough and I think I should consider it. I have a CurrencyFair account as well, but CF isn't useful when withdrawing for cash unless you hold a bank account in the target country.
Having a quick look at the info and some posts, I'm a bit confused and wondering if it's worthwhile using:
My quick survey of a couple of forums (including this one) seems that people are very happy with this and the product comes highly recommended.
- There appears to be a fee in using the Wise (physical) card. This could be an issue if trying to use international ATMs to withdraw cash.
- How good are Wise's rates of conversion between currencies compared to midmarket? (That is, when converting deposited AUD in Wise into other currency wallets)
- There appear to be no free withdrawals, and it gets worse once you exceed a certain number of them per month, or a certain amount per month. It's worse than the only 5 transactions on the ING Everyday Orange.
Are you likely to be transferring (or receiving) foreign currency to/from Someone else? If not, I really can’t see the point of Wise (even though many here swear by it). I know some like to lock in funds at a certain exchange. If that’s your thing, that’s another advantage.
Otherwise, Your ING card will give the VISA rate (which is good) at ATMs (no 3% or ATM usage fee if you meet the monthly criteria). Also excellent for purchases.
Yup, that's definitely easy to do with Wise. I have a UK, US and Euro buckets with Wise and each has bank account details.What I’m looking to do is to allow someone from the UK to pay me some money they owe me in a easy way for them and a useful way for me.
Hence wishing to get them to pay me GBP on my existing Wise card so I can easily spend it later in the UK without losing stuff on exchange which even within Wise there is a level.basically creating a UK bank account.
Yep that’s what you will be able to doWhat I’m looking to do is to allow someone from the UK to pay me some money they owe me in a easy way for them and a useful way for me.
Hence wishing to get them to pay me GBP on my existing Wise card so I can easily spend it later in the UK without losing stuff on exchange which even within Wise there is a level.basically creating a UK bank account.
As set out above in #131 the account you open gives you a GBP account into which anyone can transfer GBP by interbank or on-line transfer into your Wise GBP account. It becomes part of your Wise GBP balance when received. I had some money that was to be transferred to me by the BoE. I opened a GBP bucket with Wise which immediately provided me with an account number. As soon as I provided the BoE with the Wise GBP account details it was deposited the same day. I am uncertain whether cash can be deposited, although it might be possible to do an over the counter cash transfer into the account at a UK bank branch.What I’m looking to do is to allow someone from the UK to pay me some money they owe me in a easy way for them and a useful way for me.
Hence wishing to get them to pay me GBP on my existing Wise card so I can easily spend it later in the UK without losing stuff on exchange which even within Wise there is a level.basically creating a UK bank account.
yes, thanks. I wasn’t ignoring your helpful reply, just making it clear what my objective was to others.As set out above in #131 the account you open gives you a GBP account into which anyone can transfer GBP by interbank or on-line transfer into your Wise GBP account.