<p></p>
<h2>TransferWise-USD</h2>
<p>Related issues:</p>
<p><a href="https://github.com/bisq-network/proposals/issues/243" data-hovercard-type="issue" data-hovercard-url="/bisq-network/proposals/issues/243/hovercard">Add Transferwise as new multi-currency payment method #243</a><br>
<a href="https://github.com/bisq-network/bisq/issues/4931" data-hovercard-type="issue" data-hovercard-url="/bisq-network/bisq/issues/4931/hovercard">Improve Transferwise account </a></p>
<p>TransferWise info:</p>
<p>Due to what I assume is US banking regulation, Sending / receiving USD payments has more restrictions than most other currencies. This is the reason USD was not added to TW-TW payment method. For reference see:</p>
<ul>
<li><a href="https://transferwise.com/help/articles/2810318/why-cant-i-get-usd-account-details" rel="nofollow">Can I get USD account details?</a></li>
<li><a href="https://transferwise.com/help/articles/2946451/sending-usd-to-countries-outside-the-us" rel="nofollow">Sending US dollars to countries outside the US</a></li>
<li><a href="https://transferwise.com/help/articles/2974947/what-countries-can-i-send-usd-to" rel="nofollow">What countries can I send USD to?</a></li>
<li><a href="https://transferwise.com/help/articles/2932105/can-i-send-money-to-someone-with-only-their-email-address" rel="nofollow">Can I send money to someone with only their email address?</a></li>
</ul>
<h3>Background</h3>
<p>TransferWise was added to Bisq a couple of months ago and is performing well. Unfortunately due to the reasons above USD was excluded from TW-TW payment method.</p>
<p>This proposal is to include 'TransferWise-USD' as a payment method for Bisq users to trade in USD.</p>
<h3>Region</h3>
<p>Anyone with a TransferWise account.</p>
<h3>Currencies</h3>
<p>USD.</p>
<h3>Chargeback risk</h3>
<p>Minimal</p>
<h3>Size of user base</h3>
<p>6 million worldwide customers in 2019</p>
<h3>Data requirements</h3>
<p>Email address<br>
*Account name<br>
*Address</p>
<p>*This info is required for USD transactions from accounts based in USA.</p>
<h3>Verification</h3>
<p>TLSNotary</p>
<h3>Duration</h3>
<p>Usually settlement is immediate if TW - TW where user send from available balance, debit or credit card (~80% of transactions)<br>
If user chooses to fund via another payment method eg Wire Transfer then up to 4 days</p>
<h3>Fees</h3>
<p>~0.25% if not funding using USD.<br>
~small fee of about $0.25 for all sending transactions</p>
<h3>Fraud risk</h3>
<p>Low</p>
<h3>Payment amounts</h3>
<p>Within 0.25 BTC limits as per other payment methods.</p>

<p style="font-size:small;-webkit-text-size-adjust:none;color:#666;">—<br />You are receiving this because you are subscribed to this thread.<br />Reply to this email directly, <a href="https://github.com/bisq-network/growth/issues/217">view it on GitHub</a>, or <a href="https://github.com/notifications/unsubscribe-auth/AJFFTNXO3F5U5OZVY7BCMIDSZOCMBANCNFSM4V6LKI3Q">unsubscribe</a>.<img src="https://github.com/notifications/beacon/AJFFTNQ4VIIBWOZDUTF2GL3SZOCMBA5CNFSM4V6LKI32YY3PNVWWK3TUL52HS4DFUVEXG43VMWVGG33NNVSW45C7NFSM4LVXQ7HA.gif" height="1" width="1" alt="" /></p>
<script type="application/ld+json">[
{
"@context": "http://schema.org",
"@type": "EmailMessage",
"potentialAction": {
"@type": "ViewAction",
"target": "https://github.com/bisq-network/growth/issues/217",
"url": "https://github.com/bisq-network/growth/issues/217",
"name": "View Issue"
},
"description": "View this Issue on GitHub",
"publisher": {
"@type": "Organization",
"name": "GitHub",
"url": "https://github.com"
}
}
]</script>