"In about 1 out of 3 transactions your money goes into a "black hole." While claiming it was slow response from your bank, when you check you find the money came out of your account within hours after starting the transfer. It appears they sometime hold your money extended periods for reasons they won't discuss. When you are waiting for money to pay bills, like rent, you can wind up paying a late fee thanks to Transferwise. I'm a U.S. resident living expat in Australia and have to make money transfers because my non-government retirement payment will only to go into a U.S. Bank. I dumped Transferwise due to continued poor service. "