Finextra
TransferWise, the global technology company building the best way to move money around the world, announces its latest feature: millions of account holders will now be able to send domestic as well as cross-border transfers instantly to their phone contacts who also have a TransferWise multi-currency account.
The TransferWise account is available in over 170 countries and has over $2.4 billion in customer deposits.
TransferWise’s new feature eliminates the archaic reliance on bank details to make international transfers. Now, using just a phone number, TransferWise customers can send domestic as well as cross-border transfers instantly between themselves in more than 50 currencies.
