Problems with wise transfer reddit. Wise is very hit and miss.

Problems with wise transfer reddit Just to set expectations, wire transfers are never guaranteed within a certain timeframe - not through Chase, or through any other bank you might decide to use instead. Unfortunately, Coinbase simply will not allow me to directly link my bank account (claimed account or routing # was incorrect, but I triple checked and definitely entered both correctly). No pun. I've been using Wise for 5 years now and never had any issues with transferring money. So I wait for 2PM on Monday and I still haven’t received it. Customer service is also relatively fine. 11 USD to receive the wire. So what I did was send 5k to sofi checking and another 5k to an external bank that has a better wiring interface and I just waited the two days for As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I didn't have any issues before receiving my pay (altho different employee processed my pay before) and last payday, I opted to get paid thru Paypal because there had been a problem with the company's WISE account. Wise Transfer When using your Wise account on either the website or in your app, you might run into some issues or technical difficulties. I actually received it around 4:30 PM. So I tried to transfer into my wise account first then wire the fund into my account. Wise may ask for proof of what you're sending payments to China for but that is pretty easy The Chinese banks don't like it when you transfer money (assuming SWIFT is being used) with a personal kinda confused about the website. I put through a 1200 Euro transfer and Wise said it was to go through by 12:00 the following work day. Like right now Friday, it says I can receive my money until Tuesday. Problem is I have all my money in sofi and their wire transfer is lacking. I find it does vary but that Schwab is . Annoyingly, they didn't have an NZ bank account so had to pay $5 SWIFT fee. A friend of mine tried to send me money but send it now to the email address linked to my wise account but to one of my other ones and this money has been going somewhere UNKNOWN as I didn't receive it, YET she SENT this money The UX is also terrible in my opinion. I've been using wise a bunch since with no issues. As you know, only for home purchases. Others run their businesses as they I just went through the process of setting up a Wise account since I have one overseas client who wants to pay me that way. It was fast and also verified the receiver name & account/routing numbers matched up. I sent the transfer as usual but it was View community ranking In the Top 5% of largest communities on Reddit. can i receive transfers from outside uae and issue new wise card? Skip to main content. Timescale could’ve changed but I regularly still use wise to transfer large sums between Ireland and US I've wanted to transfer money from canadian Go to Reddit Home. With that said, both digital and card have been unreliable in my experience. Thanks! Hey guys has anyone ever gone trough the process of refunding trough transfer wise? TD said they didn’t receive the money and they’re asking me to refund trough transfer wise. And Wise got a fee of $4. So I must either use debit or wire transfer it appears. com and transfer from wise to revolut or ZEN and then you can buy crypto from www. I think the problem is the option “Bank wire” in For me they’re pretty reliable. 5k. I have the money in the account and have been with chase for 5+ years. If that hasn't happened, and the person is stating they have a "receipt" to give you, and want to take possession of the car, that is most definitely a scam. Check if Wise (TransferWise) is down right now. Eg it costs us 0. I scheduled a wire transfer from my SoFi account Tuesday for my house closing on Wednesday. I called TD and they confirmed that the money was held by TD for some reason, so they released those funds when I called, and I re-transfered the funds and it worked quite fast. It was immediately blocked. It seems that wire transfer would be best? Did a wire transfer for the first time today. I now recently heard that Wise has problems with accepting (or sending) funds to/from Interactive Brokers. Here are some things that can affect how long your transfer takes, and what to do. In terms of fees, ease of use, and forex spread, they're great. I opened a BMO Alto HYSA account with a wire transfer from regular BMO 2 Last Monday, I made a transfer out of BMO Alto, back to BMO they took the money out next day, but my money has never made it to BMO. Oct 11, 2024 · Wise is unable to notify members about the necessary verification and [my financial institution] is unable to view the delayed transactions. 0N Sometimes, when you’re setting up a Wise transfer and need to pay for it with the money in your other bank account, you might run into a problem. We’ll always tell you upfront when your money should arrive, and send you updates via email once the Oct 30, 2023 · Ten days later, on the morning of a trip to Morocco, I transferred 500 euros from my bank account to my Wise card. I am trying to transfer a large amount of money to my Wise EURO account so that I can then send it to a recipient in Serbia for the purchase of a house. I’ve never had this problem before with Venmo and not sure how to get my money. Could this be because Wealthfront provides the instructions to Wells Fargo for the wire transfer so they are seen as the I wanted same day transfer, hence the wire. Other then that I had no issues. Wise is a borderline scam. 5% to 2. I send $100 or $200 every once awhile to my parents in South Korea for their birthdays and anniversary through CIBC Global Money Transfer. Yes I have accounts for each for the sake of using the best one for the I am also unable to send direct to my Fidelity. Wire (not wise) transfer to local bank account This sub-reddit is an english language friendly discussion forum focusing on life for living in Bangkok, as well as any other Bangkok related content. They will also be able to make (minor) corrections to fix problems, or cancel the transfer entirely. The wire transfer process was super easy and convenient until it wasn’t. I have not yet encountered this money transfer issue yet as someone from the USA, so I wonder what causes it to occur. Then there was the problem of getting ¥3,000 into the account, since my debit card refused to work with Wise and they don't accept credit cards. Make sure the wire transfer sender name (first & last) matches your Kraken account exactly. This is really frustrating I told her to check her email address to see if alipay/wise emailed her. WTF! TLDR: For below $660 deposits, use WISE to fund your TDA account to get cheaper fees; if above, use BPI wire transfer. Using Transferwise (I guess now called Wise), I see $10,000 converted to 30,855. I did this once to check speed and function. 99 CAD RBC gave me this price: 1299 CAD IB don't like USD transfers from Wise. You can use BIBD account to transfer using Wise, Wise is just a money exchange service, as long you have bank account details overseas then you can send via Wise, it will be transferred in a few hours and considered to be one of the lowest exchange found especially service fee is not much in comparison to Western Union and other money exchange services. Wise Transfer . I have also used DBS Remit, but, Wise FX rate is much better. Here are some We have fully resolved the login and sign-up issues on Wise. I have used Wise transfers for GBP to SGD and vice-versa. 99 CAD 2- Transfer from Tangerine to TransferWise (takes less than 12 hours) using bill pay in Tangerine (TransferWise is in their list) 3- Transfer from TransferWise to RBC US: 1000 USD Pro: So I bought 1000 USD at 1278. For me, my IBKR is branched at the US. r/dubai A chip A close button. I took another photo. Two weeks ago I started a money transfer with Wise (formerly Transferwise). Chase support said they couldn’t verify that I own the Wise account (which is managed by Evolve Bank and Trust), and that they’d lock my account again if I tried to do it Hi, for those who use Wise/Transferwise to transfer USD to IBKR. would charge. Just want to share my experience with people looking to lean on Wise for their travels. Wise is actively working to resolve the Here are some things that can affect how long your transfer takes, and what to do. S BMO Alto to U. , from the Wise account that is in your name. I was originally told this process would happen by 5pm est by both banks but it hasn't and now I'm nervous. Get app Get the Reddit app Log In Log in to Reddit. USAA tries to protect them and they choose to send the wire anyways. They can’t set up Wise as a payee, since the payees seem to be predetermined by the bank, nor can they set up any other It works! Once you link the accounts (not hard), Schwab recommend using 'Online Transfer' (to get there, look for 'Add funds'). I have a muslim name even though I am not one and I constantly encounter problems because of I also have a problem right now with her alipay. I know Robinhood allows for wire transfers since they charge a $25 fee for it and clearly advertise it. 97 to transfer EUR to our German partners and it takes seconds to arrive, whereas the conversion and other fees with our UK bank would have been a lot more for the same transaction. Only problems will be in cash-only Wise is a wise choice. The fees are insane to convert money AND to transfer money. Was originally thinking this would be the ‘safest’ way to transfer (see my concerns RE: EFT below) but of course most institutions charge a fee ($20 or so) for a wire therefore not the cheapest. WISE. I now also have a Wise visa debit card for them that I use for when I want to purchase something in a different currency. Here is a simple way to Transfer wise to USDT or USDT to wise. Wise will use ACH when it can even if the destination account is IBKR's Bank Wire account. Banker at Huntington filled it out for me - to pay off a mortgage with Bank of America. I have never had any problem, usually the money arrives in 2 business days. At first it worked fine but as my income grew they wanted more and more documents (which I provided) and eventually blocked me. 3% better. We’ll always tell you u Wise is very hit and miss. After convincing my wife that she should also diversify her investments, we decided to start her off with a 53k investment. Quick question. Wise returned the transfer immediately when I put in her phone number. the documents i submitted keep getting rejected. Expand user menu Open settings menu. I used chat support and AFAIR it was ok. recently I have had to send money to the US for my grad school expenses but my transfers keep getting cancelled/running into trouble. Your bank will have a "Special Instructions" memo field on the wire transfer. Signed up for an account, made a transfer. Check this review, which also discusses how Wise and IB can be used in conjunction. I had a payment I had to make by around 2pm in this currency, so timing was important. While usually the money arrives at my family's bank account the As far as I am aware, wise is the best option available. It can take 1-2 business days. bank account and then connect this bank account to WISE and you can easily transfer in and out of your TD Brokerage through your bank account Chase locked my account when I set up an ACH transfer from my Chase to my US Wise account. Hey so it turns out that the money never reached wise because the e transfer was canceled on the TD end. Why do Wise now takes longer to transfer from Wise to Gcash or Maya or even Unionbank and BPI. Our team is 5 days ago · In need of a domestic or international money transfer? Read reviews about TransferWise, including customer service, cost, speed and ease of transfer. Has anyone had this problem before and if so how did you go about resolving it . Most people have never done a wire transfer. Some users may experience delays in receiving emails for password or phone number changes and transfer updates. I transfer money between US and Canada and before I do, I compare between Wise, XE, Currencies Direct, PayPal and Xoom. if your transaction failed, it's a pain to get your refund. I was asked to send a photo of myself with my passport. Can't tell you how many times people authorize a wire transfer to their "nephew" in China. Every international transfer is processed via the federal reserve. I usually receive my pay from my client every Friday evening, and everytime I transfer it to my accounts/bank/e-wallet, it usually take days for me to receive it. The problem is people don’t do this every day and they don’t know if they haven’t been informed. Which would be about a $65 difference (and this doesn't include the fee TD takes). All went smoothly and cheap. Money went out of my account and my wise says the money has been sent and received. I have been using Wise to transfer EUR to IBKR for months without any issues. I use both TD global transfer and e transfer from my TD account to Wise every couple of weeks without issue. If your US account was set up and verified using micro deposits, Wise waits until the funds are cleared by the federal reserve before transferring them. Are you not worried that your Wise account might get deactivated for transfering to brokerage and using FFC? Or am i misinterpreting the restrictions? Did you have problems with wiring USD from Wise to IBKR such as frozen account and asked for documents or even a deactivated account? So I recently scheduled an Wire Transfer to my Sisters account for the amount of $7,800 for personal reasons, and after Scheduling my the Transfer I received an Email HOURS later stating ‘My Wire Transfer Was Cancelled after an Internal Security Review’ and chase Locked my Account for Security reasons, leading me to go into a Branch to fix this issue. Etrade charged me $25 and my bank charged me $10. For what it's worth, the rest of the wire transfer process was great. It is a bunch of untrained people that are never helpful, just skip to email every time. Did you transfer it from your AUS bank provider and made sure you had enough in there whilst France and Ireland are all fine for using Wise cards. com and you can also find PayExchanger Pro Account on However, as of 2 weeks ago I was able to do a transfer to CHIME which I didn’t think would work but it did! Tales 1-2 business days to get it transferred. Wise's explanation? "It was not our fees, it was someone else's". IBKR accepts this transfer up till this morning's email. I bank with a specific bank and run a small business and within the last year have faced constant problems with receiving and sending wire transfers. WISE is sooo much better. I was wondering what bank below (aside from GoTyme) has the fastest transfer time to receive money if you’re sending it from Wise? Used wise for the transfer, took the bank wire option to minimize fees at that time so went into my branch in US to do the wire to Wise’s account. Hello guys, For a few weeks now i have an issue regarding transferring money from my wise account to Ibkr. Do you have recent experience? References: I created a discover HYSA last week and I’ve been trying to initiate my first transfer from my BOA to no luck. If he sent via wire, i did have problems with wire transfers in the past, but using the global transfer in Hi, I have been a wise user for a while - the bank account associated with it has not changed either. My first transfer from GBP to SGD had some issues, but, their customer service were very prompt in keeping me updated on the issue resolution. r/personalfinance A chip A close button. Stop using it I tried to send money to INR around 15 lakhs but they cancelled transaction with no reason. I guess IBKR has enough of it I’m blocked by XE. I also have an AMEX HYSA that I opened last month. I can't do the wire online myself since it's over $25k. MOST people had problems with other cards. This is something you would need to check/see (probably test with small amounts first), because I have a US bank account, so I haven't had problems with the USD part. You can then ask your relatives to transfer USD to your Wise account. U. I do a wire transfer once every couple months and they work fine. I'm having the exact same issue for Wise EUR transfers to IBKR. Expand user menu Open Also how did you go about transferring money to your Wise account. So you need access to your banks app as well. If his acct was overdrawn maybe the bank fee was the problem? Hey all, I've been trading crypto for about 3 years now on multiple exchanges but have never had the issue I have with Coinbase. My salary is being sent to Wise account every month so I don’t need to transfer my money from local bank to Wise which I know has an expensive fee. I noticed a significant difference in the conversion rates using Paypal vs. If you are looking for a large Thai only speaking community we recommend /r/thaithai Hope you enjoy the sub. The biggest problem is that their support team has no access to check or confirm anything about a payment or transfer. Some small and newer businesses aren't comfortable with or haven't progressed to bank transfer. I ran into some early problems trying to initiate the transfer from the Wise side 1- Transfer from RBC Canada to Tangerine (takes 5 business days) - 1278. Get app Get the Reddit app Log I think the problem lies within how Wise transfer the money. I have been Great info man. I think it took 3-4 days total to land in my Irish account then. This is very . S BMO transfer. Learn how you can fix some of these issues. it took me a month and multiple tries. This step is apparently required before one can actually receive money. They eventually refunded the money, but I didn't get the fees back. I only pay the conversion fee (PHP to USD) which is around $3 and the transfer fee from Wise to IBKR which costs me $0. So I have the option “Direct ACH transfer from your bank” and from that option I use the details provided and input it in Wise. We hope it goes smoothly for you, but in case it do Suggest you, with your son, call his bank and explain the issue. Log In / Sign Up; Advertise on Reddit; No problems with Wise, and a We use Wise for all non sterling transactions. I called my bank and they confirmed nothing is showing up on their end . Robinhood support sucks and is slow to repsond via email. They have the card, but it has proven completely impossible to transfer funds from their RBC account to the Wise account. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. First of all, get an other account like revolut or zen. I did not use card for making payments. Connect your TD account to your U. The information that an institution is asking for (to initiate the Yes, but scammers can fake "wire transfer receipts" wire transfers are pretty instant, and the money appears in your account in an hour. I've done dozens of large-figure anus-clenching SWIFT transfers between shithole third-world countries and although there was almost always problems they were always fixed promptly because the person at the terminal could Hi all, I am closing on a house on Friday, so on Wednesday I go to my chase branch to make a wire transfer for the down payment. They advertise "no hidden fees", I transferred about 1000 USD to a friend in Ecuador (which uses USD), upon arrival 45 USD were missing. Hello Reddit so I recently opened a savings account on BPI online and was wondering if anyone here has tried on receiving 6 figures to it? my salary per month is 4k USD which is around 215k ish PHP will that maybe flag my account? has anyone here tried transferring that amount of money into their savings account? are there any problems that you have experienced? or was My experience is that brokerage transfer rates are better than wise/ofx, etc. EDIT: The sender in the wire transfer report I have is Wealthfront. However, on Wise's side, there are two problems I see: They are asking for email address of the receiver, I called IBKR and they said they don't have and address for that I don't know who Kristo is but I too had similar problems with Wise. It is safe, I've transferred tens of thousands on it with no problems. At 12pm, Wise reported on their site the transfer went through, but it still hadn't appeared in my Anyway - I want to know if there are any pros to receiving an international bank transfer to my wise account and then paying fees to transfer (withdraw) to my regular bank account. For withdrawals below $5720, route the transfer through WISE; otherwise, use TDA wire transfer to local bank. This was after doing the small transactions back and forth to verify ownership. Overview of Wise Transfer. Do any of you know how to initiate a wire transfer out of Robinhood? I am to wire money from Robinhood to E*TRADE, but the instructions on how to do so aren’t clear. Last Saturday’s pay, Wise said the same thing for that transfer: I would receive it on Monday at 2PM. In the other direction there is no problems, I recently made a test transaction from IB to Wise. You're right, this isn't to protect you. Only from there you should then send USD to IB, i. Firstly, I'm writing this summary as my way of paying it forward to the community for providing free learnings and tips. This time, GoTyme took me ~12 hours to receive my money. e. There were some rumours that Wise and IB have problems working together. Then when you have the actual results compare. 71 zloty (vs 31,064 zloty directly at exchange rate). wise does appear to be about the same but usually . Open menu Open navigation Go to Reddit Home. Their transfers have been same day on both ends, no I just did a transfer for a housing deposit in another country and Revolut Platinum saved me over several hundred euros difference from Wise after costs where calculated. I tried it before using my Union Bank. Do a trial run with it before you leave- trx money into Hi all Anybody else using Wise (formerly TransferWise) to send money abroad (specifically to Brazil)? I've been sending larger sums of payment from Europe to Brazil using Wise and have been asked by the Brazilian bank that handles the final transfer into my personal account in Brazil to verify origin of funds on a more frequent basis, essentially with every transfer. Monitor Wise (TransferWise) status changes, latest outages, and user reporting issues. Then I put in her email as alipay ID and now the transfer is sent, but she says she didn't receive anything. Usually a domestic wire transfer takes place between the same day up to two business days (as long as it doesn't have to go through an intermediary bank), and foreign Using instant verification my funds transfer went through instantaneously Update! Hi. I got Wise (digital + card) for travel given that it had the lowest forex fees. S. Log In No problems with a business account. Easy fix. The bank may be the problem. Having to manually load the card is a bit of a hassle that I don’t mind doing. 51 Hello , I completed two instant transfers this morning and szuc is still not showing up in my bank account. Maybe give Wise a call and see what the issue is. Wise indirectly cost me 25 Euro in bank fees recently. This is an educational subreddit focused on scams. Aug 6, 2024 · DO NOT use wise/ transfer wise. I called them several times now being told my account is closed and cannot use XE anymore in the future. You transfer money into it from your bank account- bill pay, e-transfer, wire etc. I never faced any problems with their transfers. It’ll be fine and convenient for a while then it’ll fuck up transactions out of nowhere. So basically, because a subsupplier (an intermediary bank) took the fee, Wise thinks it's OK. The process of sending funds to Wise via bank transfer is complicated, and there was an issue where on mobile, Wise does not give all the necessary info (I think, bank address or something like that). I have no problem offering more than one way to pay. ~10kEUR+- monthly. One tip of advice is to never use their "chat" feature. There are some limits with what they can do though. I was transferring about $20k per month through Wise for a few months in a row in preparation for purchasing a house. Add in the free interest they pay you on a sitting usd balance, and it's fantastic. My advice is to do a transfer from your broker/bank and the same day see what wise/ofx, etc. As two commenters wrote below, I can move the wire transfer amount into one of my brokerage accounts and process everything online. Our goal is to help Redditors get answers to questions I'm in Canada and we can't connect our account to Wise natively yet. Don’t know what to do here asking for refund is gonna bring up some questions. I actually initially was using Payoneer for Upwork but then heard about wise and created an account recently, So about the card, I used a Vodafone cash virtual card, which worked great. Hello guys, I have used them for a couple of years to transfer money abroad with no major problems. That is where you MUST put the reference (see #4). If you have $100,000+ assets with Charles Schwab for a rolling three quarters, the domestic wire transfer is free. I don’t have it set for an automatic transfer but was able to do it manually :) I miss Bank of America tho 😭 I dunno. Specifically their Platinum tier as you get the spot rate with no fees and no fair use limits on amount. payexchanger. Hi phinvest! I use Wise for receiving my salary from overseas (~1 day via ACH), and then send it to a local bank after converting it. When I try to do the transfer in the discover app I’m told that I’m unable to and that to either do a wire transfer or mobile check which I cannot do. Just make sure you send it at the right times (don’t send it at 7pm and expect it to hit your account at 10pm, etc etc) and read all the instructions first. Its very reasonable on fees. I am posting here out of desperation and frustration. Then got charged $25 fee on top of that 😡 Then they closed my account without giving a reason and refused to tell me why. Wise is so shit. It was the same amount I have been sending to my family back home every month for the past three years. I keep getting blocked on any amounts exceeding my daily transaction limits and when I spoke with one woman on the phone she said I cannot wire transfer without being physically present at the Welcome to r/scams. I found out something from my US bank. I think over time I transferred over 10k euros in total with the largest value being 2. We try to send your transfer out as soon as possible, but sometimes, it might take longer. Sep 24, 2024 · This article delves into common problems users encounter with Wise Transfer, based on recent feedback and experiences. This question is regarding CIBC Global Money Transfer. So they are hesitant to do it and when they haven’t been warned they just don’t know what they don’t know. Used Wise after that. There's also a group on Facebook called Wise Egypt, very helpful I would recommend checking it out. This started happening out of the blue and I did a somewhat big transfer last month to IBKR from Wise without problems. So I’m going to do it from the Bank of America website. It's my job to make it easy for them to do business with me. It's to protect USAA when people complain to the CFPB that they didn't authorize a wire transfer when they most certainly did. nbqklqf aqudrzmj whxjy nsd gxnzdf rpj cys abdsime vwdrn heyaau