Wise discount code, fee-free transfer to send money abroad

We offer you a great deal thanks to Wise : we have negotiated a first fee-free transfer (up to 1000GBP or the equivalent in any currency)!

Wise is a very practical solution to send money abroad at low cost, but with our special discount code we offer you a first transfer for free!

We explain everything you need to know to take advantage of it in our article below. We’ll use the example of a money transfer to Colombia (but it works with any country in the world)

While some may find the process of making the transfer a little intrusive (identity verification), we see it more as a real sign of seriousness and security. Wise does not take money transfers lightly and you will even see informative messages to avoid scams and other attempts to defraud.

Contents

1. Send money abroad

2. What is Wise

3. Get ready for your fee-free transfer with Wise

4. Step by Step : how to make your fee-free transfer with Wise

5. Conclusion of Wise’s offer to send money abroad

Send money abroad

Use your fee-free transfer

When planning a trip, it is common to have to send money abroad, for example to pay a deposit to book an activity with a local agency.

For example, if you want to do the trek in Ciudad Perdida in Colombia, all service providers will ask you for a deposit of 10% of the value of the tour to book your spot.

So to send money to Colombia (or any country in the world), you should use our special deal : a first fee-free transfer up to about 1000GBP (or the equivalent in another currency) !

What is Wise

SEND MONEY abroad with a fee-free transfer

Wise is a worldwide money transfer platform that has become the market leader thanks to its reliability and ease of use. I invite you to find out more about how they work on their website.

Wise is a UK company with regulatory approvals around the world. For example, in the European Union, Wise is a payment institution approved by the National Bank of Belgium.

What are the benefits of Wise?

• The first transfer is free using our link: no charge up to 1000 GPD (or the equivalent in another currency.)
• The operation is very simple and the registration is very fast.
• In a few clicks you can make a transfer
• Less than 24 hours for the transfer to be effective.
• The fees applied afterwards (after the first free transfer) are very low compared to traditional bank fees.

Get ready for your fee-free transfer with Wise

SEND MONEY abroad

Let’s see how to send money to Colombia using Wise’s services and taking advantage of the first transfer offered to blog readers (It would be same for any country in the world.)

Getting the necessary documents ready to get your fee-free transfer

Case study : how to send money to Colombia

Important information to know before you start your fee-free transfer to Colombia

• The minimum amount to make a transfer to Colombia is $62,000 pesos
• Wise currently only accepts transfers to BANCOLOMBIA accounts
• Be sure to specify the type of bank account of the recipient (most often it will be “Savings”)
• If you don’t choose to pay by card, you will have to send the money to Wise’s account with your bank account: this is the normal process! (once Wise receive the money, they’ll start the transfer to your recipient).

Step by Step : how to make your fee-free transfer with Wise

All the steps to make a transfer to Colombia

You can go directly to Wise (with our link to get the first free transfer) and follow the instructions to make your transfer. The steps are very well explained and rather intuitive.

But if you have any doubts, or if you wish to be accompanied to make the transfer, here are all the steps, step by step, to send money to Colombia.

1. Open Wise with our link to get your fee-free transfer

• Use our link to go to Wise and activate your first free transfer.

• You will be taken to the Wise homepage with the message “Your next payment is free up to 1000 GBP”.
• Here you can simulate the transfer by choosing the amount and currency
• Click on “Get Started”

2. Sign Up

• Fill in your email address
• Choose a password

3. Verify your phone number so you can protect your account

• Enter your phone number to receive a verification code
• Enter the 6-digit code received
• Complete the verification process

4. How much would you like to transfer?

• Choose the amount and currency for your money transfer to Colombia.
• Check that your first transfer is free of charge (up to about 1000GBP or the equivalent in another currency).

5. Is it a personal or professional transfer?

• Choose “Personal Transfer”.
• Fill in your personal details

6. Who are you sending money to?

• Choose “Other beneficiary” for sending money
• Fill in the information of the beneficiary.

The following information must be provided by your recipient:

• Email
• Account holder’s full name (including middle names)
• Bank name (For the moment only BANCOLOMBIA is accessible)
• Recipient’s account number
• Type of account (Ahorros = Savings / Corriente = Current)
• Telephone number
• Identity card number (Numero de Cedula)
• Full address: street, city, postcode, country

7. Use your phone to check your identity

• Get your phone ready to validate your identity
• Prepare your document ID
• Click on “Get a link by e-mail”.
• Open your mailbox on your phone.
• Open the email you received to verify your identity
• Click on “verify your identity” in the email
• Log in to your new Wise account with your login details
• Follow the verification steps
• Go back to the computer to finish your money transfer to Colombia
• Click on “I have finished the verification process”.

8. Who are you sending money to ?

• Confirm the recipient
• Continue

9. Review details of your fee-free transfer

• Review details of your transfer
• Continue

10. Choose your transfer type

• Debit or Credit Card

The transfer by credit card is faster, the associated fees are higher (except with the first transfer where it is free of course)

• Continue to payment
• Simply enter your credit card details and confirm the payment
• Your transfer is done !

• Transfer the money from your bank account

Transfer from your bank account takes longer to set up because you have to transfer the money to Wise’s account before Wise will transfer the money to your recipient. But the associated fees are a bit lower (the first transfer is free of charge anyway)

• Choose your bank
• Depending on your bank, you will be given an explanation of the procedure to follow
• Follow the steps
• Your transfer is done !

In case you decide to do it manually or if you choose any bank that is not listed you’ll have this message that is clearly explaining what Wise is doing here.

“Wise won’t take money from your bank automatically. You’ll need to do this bit yourself to pay by bank transfer. We’ll give you our bank details. You’ll need to use your bank to transfer the money to Wise.Once we receive the money, we’ll start the transfer to Recipient Name.“

• You must then indicate which account you are going to use to make the transfer.
• Then get the bank details from Wise to make the transfer from your bank account.
• You can choose to do it now (safer) or wait to do it later (risk of losing the exchange rate and lengthening the transfer time)

That’s it! If you make the transfer to Wise right away, the process is underway! You can check on the homepage of your account if everything is on its way.

Conclusion of Wise’s offer to send money abroad

FEe-free transfer

As you can see, it is not very complicated to make an international transfer with Wise. If you prepare everything well before making the transfer, it only takes 10 minutes, including the identity check.

Wise clearly has an advantage over the competition: the exchange rate is clearly the best on the market and the fees are low. But in our case, taking advantage of the first free transfer, the fees are absolutely free!

While some may find it intrusive to have to leave their phone number and verify their identity as requested by Wise, from our point of view it should be taken as a sign of seriousness and security. Wise does not take money transfers lightly and you will even see informative messages to avoid scams and other attempts to defraud.

The only criticism that can be made about Wise at the moment is that they only offer one Colombian bank, Bancolombia. Although many companies have a Bancolombia account, let’s hope that they will offer more options in the future.