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wdaareg

HN member
Joined
Mon, May 14, 2012, 4:26 AM UTC
HN karma
319
Public activity
66 items

About wdaareg

Neeraj Baid, CEO and Co-Founder of fixed fee money transfer service Atlantic Money.

Recent public activity

  1. comment
    Comment #37348296

    We weren't aware of this, actually. Did our initial launch like this as well one year ago to get decent feedback. Noted for the future, thank you! I can't change my old profile nam…

  2. comment
    Comment #37336694

    We don't offer USD pay-ins atm but we are working on them.

  3. comment
    Comment #37336660

    We don't do same currency transfers.

  4. comment
    Comment #37336640

    There is not "the one" exchange rate. But ours matches with Google or Wise and we never make any hidden profit on it. Compare for yourself: https://atlantic.money/wise

  5. comment
  6. comment
    Comment #37336559

    Flat fixed fee and the current exchange rate. Compare against Wise for better understanding: https://atlantic.money/wise

  7. comment
    Comment #37336538

    We are actually working on it.

  8. comment
    Comment #37336531

    We are licenced and regulated by the FCA in the UK and the NBB in the EU – two trusted financial authorities that also regulate Wise. We therefore have to meet the expected high st…

  9. comment
    Comment #37336508

    When you change an entire sector, it is always met with a lot of scepticism at first. But 99% is nothing but the truth, especially since Wise and Revolut increased their prices for…

  10. comment
    Comment #37336486

    You got it right.

  11. comment
    Comment #37336471

    Web app is in the making!

  12. comment
    Comment #37336467

    Web app is in the making!

  13. comment
    Comment #37336453

    Thank you. Happy that you are happy (with one exception). And the good news: The banks have now understood who we are.

  14. comment
    Comment #37336425

    Thank you for the feedback, much appreciated and will be considered! Please note that our web app is in the making. So soon this won't be an issue anymore. To prevent our users to …

  15. comment
    Comment #37336357

    When you change an entire sector, it is always met with a lot of scepticism at first. But 99% is nothing but the truth, especially since Wise and Revolut increased their prices for…

  16. comment
    Comment #37336249

    Thank you for your feedback, will be considered! Web app is in the making, so we are happy to welcome you soon on board. And say no more about the Wise comparison: https://atlantic…

  17. comment
    Comment #37334815

    We hold licences in the UK and the EU and are therefore available in 29 countries throughout Europe.

  18. story
    Show HN: 99% cheaper international business transfers – fixed fee, real rate

    Hello Hackers! One year ago we changed international transfers for consumers with only a fixed fee and made them on average 10x cheaper than Wise. Now we are thrilled to announce t…

  19. comment
    Comment #30621635

    I would be interested to learn more about why you're unable to transfer money directly between those two accounts!

  20. comment
    Comment #30621622

    We sure do! We're actively working on our EU license and that will enable inbound EUR payments for UK residents, plus EU residents will be able to use the service. We can't wait to…

  21. comment
    Comment #30621609

    We're absolutely working on expanding our network over time, and CHF is on the list

  22. comment
    Comment #30621603

    This is a great question and we see it a lot. Really, it highlights just how opaque FX fees are in the industry, particularly with large institutions. It's important to notice that…

  23. comment
    Comment #30621584

    What you're saying is generally correct

  24. comment
    Comment #30621571

    These are mostly unit costs, and they're factored into our model

  25. comment
    Comment #30621548

    Not relative to our pricing! For a £5k transfer we're charging 83% less than Wise. I'm certainly happy to pay 83% less for substantially the same service :)