TransferWise introduces its borderless account - News Summed Up

TransferWise introduces its borderless account


TransferWise is introducing its borderless account - and related debit card - to Ireland, building on its money transfer service here. TransferWise is introducing its borderless account - and related debit card - to Ireland, building on its money transfer service here. For Irish consumers regularly travelling, living or working between two countries, the borderless account is expected to make managing their funds easier than before. Estonian-born co-founders Kristo Käärmann and Taavet Hinrikus first built from concept to firm after they found themselves paying each other's bills to escape money transfer charges. "After borderless accounts launched, you can hold money in 45 different currencies, but the really interesting but is that we give local bank account numbers in a number of foreign countries."


Source: Irish Independent December 03, 2018 07:55 UTC



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