What do you expect from an EMI?

[David97255]

Hi peeps,

I wonder what are you expecting from an Emi nowdays?

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[Martin Everson]

For me personally I expect only fast inward and outward payments and a mobile app. For example Transferwise is not too bad as payments consistently arrive the same day if sent before mid day. I can also consistently currency exchange and send out the same day. They also let you monitor the progress which is very good.

p.s Would be better if first party wires arrived instantly with EMI's as SEPA instant payments has been out for a while now ns2

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[David97255]

Martin Everson said:
For me personally I expect only fast inward and outward payments and a mobile app. For example Transferwise is not too bad as payments consistently arrive the same day if sent before mid day. I can also consistently currency exchange and send out the same day. They also let you monitor the progress which is very good.

p.s Would be better if first party wires arrived instantly with EMI's as SEPA instant payments has been out for a while now ns2
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i m using TW a lot, always making my wires in the morning, but it never arrive same day... You speak about SEPA or SWIFT?

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[Martin Everson]

David97255 said:
i m using TW a lot, always making my wires in the morning, but it never arrive same day... You speak about SEPA or SWIFT?
Click to expand...

SEPA inward and then emerging market currency out. Never tried a SWIFT wire with them and doubt it would arrive the same day either.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[David97255]

Martin Everson said:
SEPA inward and then emerging market currency out. Never tried a SWIFT wire with them and doubt it would arrive the same day either.
Click to expand...

so that s it, with swift, it works but it take around 2 days to hit the beneficiary account

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[Safa]

May I ask why you quote each other? both of you are the only attending this thread!

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[blizz]

They are learning members 😀

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[TurnedToRobot]

something you can trust!

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[JohnSeed]

First off all I expect something that works! I don't wan't something that suddenly change the fees, the requirements and everything else.

 

[blizz]

That they are reliable and don't ask for tons of documents 😀

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