Nope, didn’t. It turns out Santander has this, but they don’t have tracking. However, they said most wires will get there in less than 24 hours (many in 30 min). Over 790 banks worldwide support this. Tomorrow we will test this out.
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Over 1000 banks.
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I wonder what the rates are, we will know tomorrow. But still, when you consider the fact that the end-user has to pay TW (usually) for moving the funds from TW to their bank account, the end result may be similar.
Not sure if anyone has suggested it. But Venmo could work. Not sure on a large scale but just throwing it out there
From what I’ve read, TransferWise utilizes SWIFT GPI 
This means every SWAPD member who uses it could potentially send us payments in less than a day. Testing begins today.
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New company account set up but it’s not all good news. After digging in further, it turns out every bank along the way (and wires usually hit 2-3 banks before they reach their destination) has to belong in the SWIFT GPI network, otherwise, things won’t go as fast. We will test this new account this week, so PLEASE DOUBLE CHECK the wire info as we are changing it right now.
We will keep you updated on the results.
Idk about others but i paid $40-50 sometimes more fee when using tw and i pay pretty much the same with regular wire.
Yes, TW is weird like that. Sometimes they charge a lot.
There is also the option of sending the wire as express (regular wires) it’s really important to the seller, but they run an additional 30-60 USD.
We’re currently pending a few wires to our new account, not getting my hopes up. So far not a single (as claimed) wire yet, and it’s been 4 hours. However, I will be satisfied (and I hope most of you too), if the majority of the payments make it in within 24 hours.
UPDATE:
We’ve tested two TransferWise payments. From the time they were approved on the sender’s end by TransferWise, the funds reached us in 8 and 10 hours! So, it seems our operation will be marginally slowed for users with TW. We’re now testing regular bank to bank wires.
Just read about a new banking/fintech startup called Mercury. Might be worth a look!
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Update, we found an alternative! (A faster bank)
For more info, please see: New payment/payout changes. Please read!
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