5 ms·

Out of pure curiosity, which UK bank was it?

• christoph 3mo ago
  Wise, previously TransferWise.
  • CaliforniaKarl 3mo ago
    To be clear, Wise (previously "Transfer Wise", symbol `WISE` on the LSE) is not a bank. Wise is a Money Services Business in the US; in the UK, they are an Electronic Money (e-money) Institution. When they are holding your money, they use the services of one or more actual banks. So, I'd be careful calling Wise a "UK bank", as that gives the wrong impression. More info about how Wise UK works: https://wise.com/help/articles/4IusAofIppsIGPcs7sEIXI/how-our-uk-entity-wise-payments-ltd-safeguards-customer-funds https://wise.com/help/articles/4IusAofIppsIGPcs7sEIXI/how-ou...
  • therein 3mo ago
    I love how it will always be "Wise, previously TransferWise".
  • blitzar 3mo ago
    Bank with technofeudalists, win stupid prizes.