Transfer Offers

WorldRemit is a cross-border payments company that provides international money transfer and remittance services in over 130 countries, who are currently offering a £20 Voucher to all new users who sign up and use their services

[Note: As mentioned above, this will require the use of a Wise account in order to receive the International transfer]

Steps:

• Sign up to WorldRemit using our link here to claim the £20 Voucher
• Select the country you want to send money to (if using Wise to receive the transfer, this will be Belgium) and click 'Get Started'
• Enter at least £100 GBP as the amount to send, as this is the minimum amount to trigger the voucher
• Remove any fees by entering the promo code '3FREE' 
• Click 'Add New Recipient' and enter your EUR Bank Details obtained from Wise (Holder, IBAN, Swift)
• Fund this transfer by sending £100 GBP from your UK Bank Account to World Remit - and making sure you add your unique reference number
• The transfer is then usually completed within 24 hours, with the voucher being sent shortly after the completion of the transfer
• Then, once the voucher has been received you simply repeat this process and apply your £20 discount voucher (e.g. a £100 transfer will now cost you £80, with a £0.99 fee)

Estimated Profit: £19

Xendpay are a popular money transferring service, where you can decide how much you pay to them in fees. They are also currently offering new customers a £10 discount voucher off your first transfer of over £100 GBP or more, meaning your £100 transfer will only cost £90 and you can profit from the difference! 

Steps:

• Create your Xendpay account here to claim the £10 discount voucher
• Verify your identity if required
• Enter all your details as usual, and where it asks 'Which countries will you be sending to', select Belgium if sending again to your Wise account
• Enter at least £100 GBP as the amount to transfer, and insert whichever number you wish to pay them in fees (0 being the most profitable)
• Insert your Wise EUR Bank Details as the recipient for the transfer
• The voucher will be automatically applied and your £100 transfer will now cost you £90!
• Confirm the transfer, and you will be taken to the 'Pay-In Details' tab (which will also be sent to you via email). 
• Send the £90 to these Pay-In details, and make sure to include the correct payment reference to ensure the transfer goes through efficiently
• You will receive your £100 equivalent in Euros (roughly €115 at the time of typing this) within 1-2 business days to your Wise account, where it can be converted back to GBP and your profits can be withdrawn

Estimated Profit: £9

Skrill are a digital wallet provider who allow you to make fast and secure payments using a virtual wallet. They offer fee-free currency transfers, and are giving new customers a £10 discount voucher for their first transfer of £100 GBP or more.

(This is basically the exact same process as the first two offers)

Steps:

• Sign up to Skrill using our referral link here to claim the £10 voucher
• Click 'Get Started' to create your account
• Enter at least £100 GBP as the amount to transfer, and select the recipient country as Belgium (for sending to your Wise account)
• Enter your Wise EUR Bank Details for the recipient of the transfer
• The voucher will now be automatically applied, and your £100 transfer will only cost you £90
• The transfer will take 1-2 business days to complete, where it can then be withdrawn via your Wise account

Estimated Profit: £9

*This offer Expires on 30/3/24*

This large transfer does expose you to currency movement but currency volatility is generally quite low so this should be limited, but it's worth being aware of this particularly as the bonus amount as a percentage of the transfer is low. 

CurrencyFair are a currency exchange company that specialise in larger transfers.

They are currently offering a €50 Bonus for making a transfer to a foreign currency of €2000. 

Their exchange rate is also extremely competitive (around 0.4% out from the actual level currently), so despite the large transfer amount this should only cost you £8 or so. They also charge a flat fee on each transfer of €3, costing you a further £5 (€3 for your first transfer, and €3 to transfer your bonus Euros to pounds). 

Lastly, transferring such a large sum back to pounds will have a fee attached, at Wise this is currently €8.60 assuming a transfer of £1740 (€2015.27)

Steps:

• Create your CurrencyFair account here for the €50 bonus
• Unlike the previous offers, there is no obvious 'you have followed this link' message, but providing you have followed it then it will work
• Send €2000 (around £1740) to your Wise account
• Your €50 bonus will be credited instantly when the transfer goes through. It is probably best to do this offer on a Saturday (due to the days when they process transfers) to minimise the amount of time you may be exposed to any currency movements

Note: This offer carries slightly more risk than the previous offers due to the size of the transfer and any % currency fluctuations may lead to you making slightly more/less money on the transfer, but you providing no movement you should still make around £20+

Estimated Profit: £20

Instarem are another low-cost money transferring service used for sending money overseas. 

Unlike the previous offers, this offer is not a specific 'amount-off' promotion, as instead of giving you a set amount of discount, they credit you with 'InstaPoints' which have a rough conversion rate of every 100 points being equivalent to a £1.80 GBP discount.

So, the best sign-up offer we have found from them is from using our referral link here which will entitle you to an additional 400 InstaPoints once you have created your account, giving a £7.20  discount on a transfer of £500 GBP or more.

Steps:

• Sign up for your Instarem account here to qualify for the 400 InstaPoints bonus
• Our referral code should now automatically inserted into the 'Referral Code' tab, but if this isn't the case then enter '0lhqtz' which will entitle you to the 400 free InstaPoints (equivalent to a £7.20 GBP discount)
• Verify your ID with your Passport or Driving License. This can take up to 24hrs.
• Once more, enter your own EUR Wise account details as the International recipient to ensure it counts as a 'foreign transfer'
• Enter £500 as the amount to send via Bank Transfer (as this gets you a better exchange rate than a Debit Card payment)
• Redeem your InstaPoints before you authorize the transfer, by inserting '400' as the amount and clicking 'Apply'
• After setting up the transaction, simply make the transfer from your UK Bank Account using the details provided (Make sure not to forget your reference. This should be the same as your transaction ID which will be confirmed by email and the Instarem payment screen)
• Your £500 transfer is now only going to cost £492.80, and should arrive in your Wise account within 1 working day!

Estimated Profit: £4

Viainvest is a peer-to-peer lending platform with high-interest rates and a 30 day buyback guarantee. They are currently offering new customers a free €15 when they invest at least €50 in their platform.

Some benefits of Viainvest include;

• 12% APR Interest rate
• Short investment periods (10-60 days allowing a quick turnaround)
• Secured investments with their buyback guarantee

Steps:

• Sign up to Viainvest using our referral link (there is no promo code needed with this offer, just the referral link will work)
• Verify your account as normal (This can take up to 24 hours)
• Once verified, transfer €50 to your Viainvest account. This must be sent in Euros, so i would recommend depositing using your Wise account (i deposited €51 to Wise to make sure any transfer fees were covered)
• Ensure to include your account reference number when depositing to Viainvest (this will be included the email where they tell you their Bank Details)
• Invest the €50 on the platform into a short-term loan once it arrives in your account
• Within 5 days, your €15 will be credited
• Once your investment matures, you are free to withdraw and bank your profits!

Note: your €15 bonus will not become withdrawable until 6 months after your initial investment

Estimated Profit: £12