[derencius]

I just had my TransferWise account closed during a transfer to pay rent while overseas. They are holding some of my money, with no perspective of returning it. They say they can't disclose the reasons, leaving you helpless.

I'd advise to be cautions with transferwise as well.

https://transferwise.com/help/24/technical-issues/2961844/wh...

[maccard]

If there's a suspicion of money laundering, you won't get any information from any financial institution, FWIW.

[stavros]

I had the same experience, I tried to make a transfer of $100 or so and they just closed my account with no explanation, and I've never been able to open another one since. They did refund everything, though.