Does wise use a real exchange rate?

Unlike most banks, Wise uses the real exchange rate for sending money — just like the one used by Google or Reuters. Combine that with a low, upfront fee, and you get international transfers that are cheap, fair and transparent. Tell us who you’re sending to, and what currency they need.

What is a currency exchange rate?

An exchange rate displays the comparative value between currencies phrased in numbers. These rates show how much money you can get when exchanging (for example) 500 EUR to GBP or 500 pounds to dollars. Exchange rates start with 1, by default, and display how many units of the first currency you can get for the second currency.

What makes Ace-FX a good currency exchange?

More than 8,100 positive reviews prove we deliver what we promise – great rates, over 48 currencies available, safe and secure cash delivery, and top-notch customer service. ACE-FX are a London-based currency exchange with the best rates on foreign currency. We also provide travel money, pre-paid cards and money transfer services.

Does Ace charge a monthly fee?

Though there’s no monthly fee, a borderless account also gives you virtual account details in pounds, euros, and US and Australian dollars - a great option if you also need to receive money internationally that can really cut down on costs. What are the fees when you want to transfer money overseas with Ace?