No. of Recommendations: 3
I've never used Wise, but I downloaded the app and opened an account (unfunded, so far) in USD. Will I be able to use this to send 200 Euros to my friend?
Yes, Wise is ideal for that. The exchange rates are fair and fees are minimal. Just tap on "send" and select the recipient's currency and amount, and your currency. Then there are different funding options with different fees, the best is usually to use your Wise balance.
If the recipient has enabled receiving funds directly to their Wise ID it can also work similar to PayPal, where you can pay by just entering their email address. Otherwise, you will have to enter their Euro account data (IBAN).
