All you need to know for sending money home!
There are many local services and online platforms that offer great exchange rates for crew members who need to send their hard-earned money to their local bank accounts. Whether you’re financing your studies, making purchases, paying bills, or supporting your family, it’s important to find the best way to exchange your earnings.
After extensive testing, the best service we found and the one trusted by thousands of crew members worldwide is Wise. Founded in 2010 by two friends who needed to exchange money between euros and pounds, Wise has grown into one of the largest financial service providers in the world. It continues to release new features regularly, making it an excellent choice for international money transfers.
1. Creating an account
Creating a Wise account is fast and easy, but you will need to provide some documents so please be ready for when it prompts the necessary information. To start with, you will just need an email address. Click on our link below to be redirected, not only you support us for free, you will also be able to waive any fees on your first transfer for up to 650 USD.
2. Verify your account
Next you’ll be asked to verify your email address and your identity by uploading an image of your ID documents (either your passport, driver’s license or local ID), and a selfie. This can be done easily online or right from your smartphone, the screen prompts will guide you every step of the way.
If you don’t have what you need to hand, you can just save your progress and return to it later.
3. Open the balance you need
Once your account has been verified you can set up your first currency balance. Just log into your account and click “Open a balance”, then find and select the currency you wish to hold money in. In our examples, we are using USD (United States Dollars)