While PayPal has increased its fees consistently over the years, TransferWise is doing the exact opposite again. You may have heard about PayPal’s recent USD 3% withdrawal charge for users outside of the USA, which stops us (Singaporeans) from bypassing the expensive PayPal conversion spread any longer. Fret not, TransferWise could (or not) prove to be an even better alternative than ever before. Their mission? Mission 0. And this update will be carried out in 3 phases. Back on 21 September 2020, Transferring was Made Cheaper for Most Users In case you are not kept in the loop, TransferWise is most likely the cheapest way to remit and move money from border to border. So please stop wasting your hard-earned money at traditional remittance services! TransferWise’s mission is to make cross-border transfers to become completely free someday. As the user base continues to grow on the platform, the transfers become more efficient....