I'm striving to find a good wire transfer app that's both fast and affordable. My present method is clunky and high-priced, so I'm searching for something simpler. What are your recommendations?
I've listened to on some apps like Wise (formerly Transferwise) and Remitly - what are the key differences in terms of fees, transfer speeds, and supported currencies?
Are there any apps that offer integrated currency conversion within the platform itself? That would be a huge profit.
I'm involved on security when employing cellular apps for transferring money. What measures do those platforms take to protect my sensitive information?
Do you offer any features like obtaining updates on transfer status or sending notifications when the funds arrive?
How does the app manage international transfers - are there any limitations on the amount I can send, and what's the maximum exchange rate offered?
What happens if the recipient's bank rejects the payment? Are there alternatives for dispute resolution or alternative techniques of payment?
Some apps offer 'split payments' - allowing me to send money to myriad recipients at once. Is that a useful feature, and how does it work?
I've read that some apps have higher fees than others - what factors influence the cost of a wire transfer through an app?
Are there any apps that are particularly good for transferring money to countries with hard banking regulations or sanctions?