# TransferWise is the perfect fit for Bisq **URL:** \ **Category:** Payment methods\ **Created:** [December 21, 2020, 8:27pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116 "2020-12-21T20:27:16Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![chimp1984](https://bisq.community/letter_avatar/chimp1984/32/5_5575768a8748004e209b776fc1b2916d.png) [@chimp1984](https://bisq.community/u/chimp1984)\ **Post date:** [December 21, 2020, 8:27pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/1 "2020-12-21T20:27:16Z")
We added TransferWise as new payment method but it seems it has not developed yet its full potential as a payment method which interconnects global markets. Here a quick overview why I think that TransferWise is one of the best payment methods and very accessible to most people (Excluding US - but we will add a US only TransferWise payment method soon). - Bisq does not require account signing so **you can buy Bitcoin up to 0.25 BTC** per trade - Account opening is relative fast and pain-free - You get access to a global market - You can send from nearly any currency to the receiver currency - You can receive funds either with all the currencies where they support local accounts (AUD, EUR, GBP, NZD, RON, SGD) as well from any where you have a bank account (linked account) - One can set up local accounts (It is like you get a free sub-account at the global TransferWise bank accounts). This has the benefit to get **instant transfer** and those bank accounts can also be used as SEPA or national bank account. How to set those up is more complicate as it should be, but the [wiki [1]](https://bisq.wiki/TransferWise) gives a good overview how to do it. - Conversion rates are pretty good, close to the exchange rate you see on Google - Transfer fees are pretty low as well Please read up the [wiki [1]](https://bisq.wiki/TransferWise) for a more detailed overview. [1] [https://bisq.wiki/TransferWise](https://bisq.wiki/TransferWise) ---
**Author:** ![philip\_rhoades](https://bisq.community/user_avatar/bisq.community/philip_rhoades/32/1294_2.png) [@philip\_rhoades](https://bisq.community/u/philip_rhoades)\ **Post date:** [December 22, 2020, 8:26am UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/2 "2020-12-22T08:26:20Z")
Interesting! I will have a closer look . . ---
**Author:** ![arbitrator1](https://bisq.community/letter_avatar/arbitrator1/32/5_5575768a8748004e209b776fc1b2916d.png) [@arbitrator1](https://bisq.community/u/arbitrator1)\ **Post date:** [December 24, 2020, 3:32pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/3 "2020-12-24T15:32:42Z")
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**Author:** ![arbitrator1](https://bisq.community/letter_avatar/arbitrator1/32/5_5575768a8748004e209b776fc1b2916d.png) [@arbitrator1](https://bisq.community/u/arbitrator1)\ **Post date:** [December 24, 2020, 3:33pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/4 "2020-12-24T15:33:57Z")
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**Author:** ![arbitrator1](https://bisq.community/letter_avatar/arbitrator1/32/5_5575768a8748004e209b776fc1b2916d.png) [@arbitrator1](https://bisq.community/u/arbitrator1)\ **Post date:** [December 24, 2020, 3:34pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/5 "2020-12-24T15:34:18Z")
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**Author:** ![arbitrator1](https://bisq.community/letter_avatar/arbitrator1/32/5_5575768a8748004e209b776fc1b2916d.png) [@arbitrator1](https://bisq.community/u/arbitrator1)\ **Post date:** [December 24, 2020, 3:35pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/6 "2020-12-24T15:35:18Z")
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**Author:** ![arbitrator1](https://bisq.community/letter_avatar/arbitrator1/32/5_5575768a8748004e209b776fc1b2916d.png) [@arbitrator1](https://bisq.community/u/arbitrator1)\ **Post date:** [December 24, 2020, 3:35pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/7 "2020-12-24T15:35:24Z")
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**Author:** ![bisqswee](https://bisq.community/letter_avatar/bisqswee/32/5_5575768a8748004e209b776fc1b2916d.png) [@bisqswee](https://bisq.community/u/bisqswee)\ **Post date:** [January 6, 2021, 2:00pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/8 "2021-01-06T14:00:47Z")
It’s a breach of TransferWise terms: `Unsupported businesses and transactions` ![tw](https://bisq.community/uploads/default/original/2X/e/e135efc202200ba21385c409df9bb4dd68ac49c7.png) ---
**Author:** ![Conza](https://bisq.community/user_avatar/bisq.community/conza/32/2807_2.png) [@Conza](https://bisq.community/u/Conza)\ **Post date:** [January 13, 2021, 11:17am UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/9 "2021-01-13T11:17:33Z")
As discussed in keybase, quite a few deactivations last day or so. ---
**Author:** ![chimp1984](https://bisq.community/letter_avatar/chimp1984/32/5_5575768a8748004e209b776fc1b2916d.png) [@chimp1984](https://bisq.community/u/chimp1984)\ **Post date:** [January 21, 2021, 7:47pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/10 "2021-01-21T19:47:37Z")
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**Author:** ![chimp1984](https://bisq.community/letter_avatar/chimp1984/32/5_5575768a8748004e209b776fc1b2916d.png) [@chimp1984](https://bisq.community/u/chimp1984)\ **Post date:** [January 21, 2021, 7:47pm UTC](https://bisq.community/t/transferwise-is-the-perfect-fit-for-bisq/10116/11 "2021-01-21T19:47:55Z")