Key Takeaways

  • 1,831 total complaints on file with the CFPB.
  • Most complaints are about Money transfer, virtual currency, or money service (1,412).
  • Timely response rate: 93.1%.
  • Consumer disputed rate: 0.0% of resolved complaints.
1,831 Total complaints
93.1% Timely response rate
0.0% Consumer disputed rate
Money transfer, virtual currency, or money service Most common product

Complaints by Product

The following table shows how complaints against TransferWise Ltd break down by financial product category.

Product Complaints % of Total
Money transfer, virtual currency, or money service 1,412 77.1%
Checking or savings account 377 20.6%
Credit card or prepaid card 15 0.8%
Credit card 10 0.5%
Debt collection 8 0.4%
Credit reporting or other personal consumer reports 3 0.2%
Credit reporting, credit repair services, or other personal consumer reports 3 0.2%
Prepaid card 2 0.1%
Money transfers 1 0.1%

Most Common Issues

These are the specific issues consumers most frequently report about TransferWise Ltd.

Other transaction problem 438
Fraud or scam 296
Money was not available when promised 285
Closing an account 187
Managing an account 152
Managing, opening, or closing your mobile wallet account 79
Other service problem 71
Problem with customer service 57
Confusing or missing disclosures 47
Unexpected or other fees 40

Company Response Breakdown

When consumers file complaints, TransferWise Ltd responds in one of several ways. The breakdown below shows how TransferWise Ltd has resolved complaints.

Response Count Percentage
Closed with explanation 1,668 91.1%
Closed with monetary relief 139 7.6%
Closed with non-monetary relief 24 1.3%

Complaints by State

Top states where consumers have filed complaints against TransferWise Ltd.

Your Rights

What to do if you have a complaint against TransferWise Ltd

  1. Contact TransferWise Ltd directly. Many issues can be resolved by calling their customer service line or submitting a written complaint.
  2. File a complaint with the CFPB. Visit consumerfinance.gov/complaint. The company must respond within 15 days.
  3. File with your state attorney general. Your state AG's consumer protection division investigates patterns of complaint.
  4. Consult a consumer protection attorney. If you've suffered financial harm, an attorney can advise you on your legal options including potential lawsuits.

Frequently Asked Questions

  • How many complaints does TransferWise Ltd have?

    TransferWise Ltd has 1,831 consumer complaints on file with the CFPB as of our last data refresh.

  • What is the most common complaint about TransferWise Ltd?

    The most common issue reported is Other transaction problem with 438 complaints.

  • How do I file a complaint against TransferWise Ltd?

    You can file a complaint with the CFPB at consumerfinance.gov/complaint. The company is required to respond within 15 days. You can also contact your state attorney general or consult a consumer protection attorney.

  • Does TransferWise Ltd respond to complaints on time?

    TransferWise Ltd has a 93.1% timely response rate, meaning that percentage of complaints received a response within the CFPB's required timeframe.

Source: Consumer Financial Protection Bureau — Consumer Complaint Database. Accessed April 2026.