- daily spending on goods and services
- electronic transfers to ewallets*
- any time someone needs to send me money, I use transferwise virtual account details so from their end it seems like a domestic transfer
- I even bought a motorcycle using Transferwise to do a local bank transfer. Tried it with my regular (foreign) bank first and it failed, tried it with Transferwise and it worked fine.
*my traditional bank doesn't support this. They only know how to deposit to a domestic ewallet, Transferwise can do deposits in ewallets internationally
- daily spending on goods and services - electronic transfers to ewallets* - any time someone needs to send me money, I use transferwise virtual account details so from their end it seems like a domestic transfer - I even bought a motorcycle using Transferwise to do a local bank transfer. Tried it with my regular (foreign) bank first and it failed, tried it with Transferwise and it worked fine.
*my traditional bank doesn't support this. They only know how to deposit to a domestic ewallet, Transferwise can do deposits in ewallets internationally