MUST HAVE for all working holiday makers in Australia and world travelers: TransferWise account
Hello people!
in this post I will show you that TransferWise is one best and cheapest options out there for receiving or transferring money all over the world. I will show you that you get 4 free e-bank accounts namely an Australian, EU (€ countries), UK and even an US bank account. I will show you all countries and currencies supported for exchanging and transferring money which are 50+ in the moment. I will do a cost comparison with their toughest competitor currencyfair – another popular option for working holiday makers in Australia and worldwide.
Let’s dive right into it!
Free 4 fully legit international E-bank accounts
Opening link
>>Open an TranserWise account right now*
Once you register with TransferWise (which is also for free of course) you can open up to 4 bank account in just a few clicks. If you are on you working holiday you want to open an Australian bank account, so you don’t even need an “real” Australian bank account if you don’t want to. Although I highly recommend to open up a bank account anyway.
If you are an nomad and earning some money while freelancing you want to open all bank accounts so that you can receive e. g. US-Dollars if your customer lives in the States for example.
After registration just click on “Open a balance” to open an balance account and follow the instructions!
All advantages at a Glance
- Faster And cheaper than their competitors (see examples below!)
- TransferWise app for on the walk use and security (desktop login only via app)
- +50 countries and 4 accounts including Australian, US, UK and EU bank account for FREE
- Absolutely beginner friendly!
- Transparent about costs (ad-hoc notifications via e-mail and comparisons while doing transactions)
- Guaranteed exchange rate for min. 12h depending on your currency pair! (all transparent shown while doing the transaction)
All countries and their currencies supported at a glance
Case Study Cost comparison with currencyfair
I will do a quick comparison for you.
Let’s try to covert 1000 AUD (Australian Dollar) at the same date and time into EUR in TransferWise and currencyfair.
As you can see down below not only you will get more EURO for you Australian Dollar (610.91 € VS 608.10 €) due to better exchange rate, you will also get this exchange rate for 12 hours guaranteed (in this case) VS a fluctuating rate in currencyfair. You will also receive it faster (20th VS 25th of November) and can even compare the price before continuing with your transaction (transparent!)
Disclaimer:
All information you get here is absolutely free and costs you the same if you use it elsewhere. If you use my affiliate link (marked with *) I get a small commission.
With this commission you support the blog of Clueless Travel, and ensure that high quality content will continue to be provided for you!
Furthermore, everything changes very fast nowadays. I am not responsible for sudden changes. Nevertheless I try to keep you up-to-date!
So if you want to support my blog Clueless Travel, just use my affiliate link 🙂
If you have any questions, feedback or criticism, feel free to post a comment below and I will get back to you!
Happy travels and see you soon!
Eduard from Clueless Travel
