British Expats

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-   -   Money Transfer companies (https://britishexpats.com/forum/canada-56/money-transfer-companies-938222/)

pip_is_fab Apr 20th 2021 8:24 pm

Money Transfer companies
 
Hi all,
Its been a quite some time since I posted, probably just as I moved here nearly 7 years ago now!

I moved money from Uk to Canada when we first moved via UK Forex, very easy and pain free.
I now need to make another transfer and just wondering what everyone’s preferred company is currently for this? I understand uk forex became OFX, still reliable to use?

Thanks in advance everyone!

Hurlabrick Apr 20th 2021 8:53 pm

Re: Money Transfer companies
 

Originally Posted by pip_is_fab (Post 12997505)
Hi all,
Its been a quite some time since I posted, probably just as I moved here nearly 7 years ago now!

I moved money from Uk to Canada when we first moved via UK Forex, very easy and pain free.
I now need to make another transfer and just wondering what everyone’s preferred company is currently for this? I understand uk forex became OFX, still reliable to use?

Thanks in advance everyone!

I am a fan of Wise (until recently, called TransferWise). Best rate and very modest tranaction fee. I have used them for all my large and modest transfers regularly for the last 3 or 4 years. Never a problem once.

BristolUK Apr 20th 2021 10:00 pm

Re: Money Transfer companies
 

Originally Posted by Hurlabrick (Post 12997515)
I am a fan of Wise (until recently, called TransferWise). Best rate and very modest tranaction fee. I have used them for all my large and modest transfers regularly for the last 3 or 4 years. Never a problem once.

Seconded.
They've recently added an extra security layer - although I have been able to ignore it when asked by clicking on the logo and it has bypassed it.
Which is weird. :lol:
However, my reason for posting is that it looks like it sends you a text code number (quite common) and that's no good for us folk without that facility.

But if you then click on a button that says you didn't receive it you then get the option of having the audio version so all's good for those of us with just a landline.

Hurlabrick Apr 20th 2021 10:13 pm

Re: Money Transfer companies
 

Originally Posted by BristolUK (Post 12997544)
Seconded.
They've recently added an extra security layer - although I have been able to ignore it when asked by clicking on the logo and it has bypassed it.
Which is weird. :lol:
However, my reason for posting is that it looks like it sends you a text code number (quite common) and that's no good for us folk without that facility.

But if you then click on a button that says you didn't receive it you then get the option of having the audio version so all's good for those of us with just a landline.

Really?? Wierd, mine works as it has always done and I did a transfer yesterday.

BristolUK Apr 20th 2021 10:22 pm

Re: Money Transfer companies
 

Originally Posted by Hurlabrick (Post 12997551)
Really?? Wierd, mine works as it has always done and I did a transfer yesterday.

Ha...it's changed again

I input my log in details and get this

https://cimg7.ibsrv.net/gimg/british...a3d59b2dbb.png
If you click didn't receive there are now new options, including 'wait' :unsure:
The option I used before, clicking on a logo, isn't there now so it seems you have to meet the extra security layer in some way.




Siouxie Apr 21st 2021 1:09 am

Re: Money Transfer companies
 

Originally Posted by BristolUK (Post 12997552)
Ha...it's changed again

I input my log in details and get this


If you click didn't receive there are now new options, including 'wait' :unsure:
The option I used before, clicking on a logo, isn't there now so it seems you have to meet the extra security layer in some way.

You may want to check out the 'logging in' section of : https://wise.com/help/topics/OQDKGx7...g-your-account

https://wise.com/help/articles/29321...p-2-step-login

https://wise.com/help/articles/29600...s-2-step-login


BristolUK Apr 21st 2021 12:02 pm

Re: Money Transfer companies
 

Originally Posted by Siouxie (Post 12997596)
You may want to check out the 'logging in' section

Thanks, I had a look at those. It all suggests the choice is mine to go 2 step or not.

I didn't get a choice. I've been logging in one way for years and then last month the next screen said something like "we need to make sure it's you, we'll send a code by SMS" and only having a landline it concerned me. Luckily I bypassed it clicking the logo.

This month there was a slight change in that the logo wasn't clickable so I had to 'accept' the SMS. The next screen was like the one I posted and I was able to get in as per the previous post.

So I'm now getting in with 2 steps - or maybe 2 and a half after I say I didn't get the text ;) - but all indications on my log in are that the choice was removed.
"We need to make sure it's you" rather than "would you like additional security?" :unsure: I've done nothing to settings for this to happen.

Hurlabrick Apr 21st 2021 12:15 pm

Re: Money Transfer companies
 

Originally Posted by BristolUK (Post 12997687)
Thanks, I had a look at those. It all suggests the choice is mine to go 2 step or not.

I didn't get a choice. I've been logging in one way for years and then last month the next screen said something like "we need to make sure it's you, we'll send a code by SMS" and only having a landline it concerned me. Luckily I bypassed it clicking the logo.

This month there was a slight change in that the logo wasn't clickable so I had to 'accept' the SMS. The next screen was like the one I posted and I was able to get in as per the previous post.

So I'm now getting in with 2 steps - or maybe 2 and a half after I say I didn't get the text ;) - but all indications on my log in are that the choice was removed.
"We need to make sure it's you" rather than "would you like additional security?" :unsure: I've done nothing to settings for this to happen.

I got an email from them this morning saying they have implemented a two step login process, so this has literally all just happened. No sweat as I have a cell phone number.

beckiwoo Apr 21st 2021 2:11 pm

Re: Money Transfer companies
 
I’ve just started using Transferwise/wise for modest sums of money. No issues so far


scrubbedexpat091 Apr 21st 2021 3:11 pm

Re: Money Transfer companies
 
What is even worse is when you and a spouse have separate accounts but with the same bank, but the bank wont let you use the same phone number on both accounts for the 2 factor, I essentially can't access my account online anymore because of it.



Originally Posted by BristolUK (Post 12997544)
Seconded.
They've recently added an extra security layer - although I have been able to ignore it when asked by clicking on the logo and it has bypassed it.
Which is weird. :lol:
However, my reason for posting is that it looks like it sends you a text code number (quite common) and that's no good for us folk without that facility.

But if you then click on a button that says you didn't receive it you then get the option of having the audio version so all's good for those of us with just a landline.



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