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bungcheese

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Posts posted by bungcheese

  1. On 2/16/2019 at 6:32 PM, JimmyJ said:

    I appreciate this thread.

     

    I was planning to use Transferwise after reading so many recommendations on TVF.

     

    However, after looking at the myriad of non-stop negative reviews on several sites mentioned in the thread, I will not.

     

    One of the negative reviews stated "Transferwise is great if there are no problems.

    If there is a problem, the customer is screwed."

    After reading many complaints, this seems to sum it up perfectly.

     

    Someone in this thread stated that Trustpilot.com has it rated 5 stars out of 5, unlike the other review sites.

    Trustpilot is actually the nail in the coffin as far as me deciding that Transferwise is to be avoided -

     

    Look closer at all of the glowing 5 star reviews.

     

    https://www.trustpilot.com/review/transferwise.com?page=1

     

    They are all 1 - 2 sentences, many of them every day - MUCH too many, from posters whose median number of posts on the site are ONE.

     

    So there are either scads of people who had such an ecstatic experience transferring funds on Transferwise that they are rushing  to Trustpilot and taking the time to register for the first time so they can write 6 or 8 words of praise.

    Or - there is a Transferwise employee spending an hour a day churning these out. (And/or a bonus/credit of some kind is being offered secretly by Transferwise for people to "show us some love on Trustpilot.com").

     

    It is obvious to me, and it should be to you, which is the case.

     

    The fact that Transferwise feels this is necessary is not a good sign.

     

    I do believe that the odds favor a good experience. But the savings are not worth it to me if I become one of the many casualties.

     

    (My Certainty Equivalent is pretty low these days - avoiding headaches is important to me).

     

     

    Trustpilot is filled with "scads" of reviews from users that suffer from a severe case of PEBCAK.

    This segment of end-users should always proceed with caution. ????

     

    Follow Transferwise's precise instructions and no issues will arise, period. The platform is intuitive and easy to use. I have experienced at times that they are slow to answer phones, but as with life one must be patient. Bottom-line, your monies will never just disappear into the Transferwise abyss.

  2. The problem is your bank and not Transferwise. USAA is appalling on so many levels, so its not very surprising that they will do all they can to ensure your monies remain with USAA including making false claims about Transferwise. They have 4M subscribers and transfer about $8B per month. If any fraud was taking place they would have been shut down eons ago. Change banks, USAA does ZERO for vets like ourselves. I learned quick and ran from USAA years ago.

     

    Your local credit unions are always the best choice!

     

     

     

     

     

     

    "Bungcheese goes good with  Ritz"

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