Making payments overseas has been easy and fast. I have had a small business dealing with companies in the USA, China and The Czech Republic. I have been able to make payments swiftly and easily through the web site through direct debit and have had the funds paid out within 2 days. I can check on the exchange rate which is updated live so I can see the final amount I will be paying. While I can't set a target rate which is possible for other transfer companies, the service is fast, no nonsense and worry free. As a small business owner, my payment reputation is very important for developing trust, so being able to make payment happen when I say it is going to happen is very important to me. I am very happy with the service I have received.I recently was supposed to receive payment from a Japanese client who was using Transferwise. I was most surprised when told that it would take 5 to 10 business days to get to my bank account. At the end of 10 business days, it hadn't come through, much to the surprise and possible embarassment of my Japanese client.
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