CFPB · Slower timely-response band

TransferWise Ltd

1.9K CFPB complaints · 93.2% timely (slow band) · top issue Other transaction problem.

1.9K CFPB complaints

TransferWise Ltd answers 93.2% on time (lower third) across 1.9K filings. Relief 8.6% · top product Money transfer, virtual currency, or money service. Allegations, not findings.

  • Volume rank #227 of 342
  • Slower timely-response band
  • +26600% filings 2016 to 2026

CFPB relief outcome brief

CCDB company transferwise-ltd

8.6% relief · 93.2% timely · 1.9K filings · Money transfer, virtual currency, or money service

Nearest relief peer: Global Tel*Link Corporation (8.7% relief)

TransferWise Ltd (this)8.6%Ad Astra Recovery Services I…0.7%State Employees Credit Union1.3%New York Community Bancorp I…1.3%Midwest Recovery Systems0.1%
Closed-with-relief % among TransferWise Ltd and nearest filing-volume peers

TransferWise Ltd closes 8.6% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of TransferWise Ltd's 1.9K filings include narrative text

61.1% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.

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Timely response rate 93.2%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 8.6%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

TransferWise Ltd complaint mix by product

Total complaints: 1.9K

TransferWise Ltd complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 1.9K total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Money transfer,: 1,514 complaints (77.8%), resolution 9.6% Money transfer, 77.8% Checking or: 390 complaints (20.1%), resolution 5.1% Checking or 20.1% Credit card: 15 complaints (0.8%), resolution 6.7% Credit card: 11 complaints (0.6%), resolution 9.1% Debt collection: 8 complaints (0.4%), resolution 0.0% Prepaid card: 4 complaints (0.2%), resolution 0.0% Credit reporting,: 3 complaints (0.2%), resolution 0.0%
  • Money transfer, 2K 77.8% 10% relief
  • Checking or 390 20.1% 5% relief
  • Credit card 15 0.8% 7% relief
  • Credit card 11 0.6% 9% relief
  • Debt collection 8 0.4% 0% relief
  • Prepaid card 4 0.2% 0% relief
  • Credit reporting, 3 0.2% 0% relief

How TransferWise Ltd's 1.9K complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Money transfer, virtual currency, or money service 1.5K
Checking or savings account 390
Credit card or prepaid card 15
Credit card 11
Debt collection 8
Prepaid card 4
Credit reporting, credit repair services, or other personal consumer reports 3
Credit reporting or other personal consumer reports 3
Money transfers 1

Nationwide filing states for TransferWise Ltd

Top states by attributed CFPB complaint volume for this company

Nationwide footprint
Leading state
CA
12.7% of this company's filings
CA247FL176NY150TX134WA51NJ46GA46WY45

TransferWise Ltd rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2026
267
+26600% vs 2016
0100200300400500 20162017201820192020202120222023202420252026 267

Top States

State Complaints
CA 247
FL 176
NY 150
TX 134
WA 51
NJ 46
GA 46
WY 45
MA 44
NC 41
IL 40
MI 37
DE 34
VA 34
CO 33
MD 30
AZ 26
PA 26
OH 21
OR 18

Top Issues

Issue Complaints
Other transaction problem 472
Fraud or scam 316
Money was not available when promised 301
Closing an account 190
Managing an account 158
Managing, opening, or closing your mobile wallet account 86
Other service problem 76
Problem with customer service 62
Confusing or missing disclosures 47
Unexpected or other fees 43
Unauthorized transactions or other transaction problem 41
Trouble accessing funds in your mobile or digital wallet 31
Wrong amount charged or received 21
Problem with a lender or other company charging your account 20
Opening an account 19
Problem with a purchase shown on your statement 15
Confusing or misleading advertising or marketing 9
Closing your account 5
Problem adding money 4
Problem with a purchase or transfer 4

Yearly Trend

Year Complaints Timely
2016 1 100%
2017 7 100%
2018 11 100%
2019 36 100%
2020 74 97.3%
2021 109 92.7%
2022 201 96%
2023 359 81.3%
2024 454 94.5%
2025 430 97.7%
2026 267 95.1%

Source: CFPB Consumer Complaint Database

TransferWise Ltd in the slower-timely third

TransferWise Ltd's 1,949 logged complaints reach a nationwide footprint - 57 states have at least one filing. 61.1% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2016 through 2026-06-23. Timely response 93.2% sits in the lower third of the corpus.

TransferWise Ltd answers 93.2% of complaints inside the CFPB's tracked window (timely band: slow) and closes 8.6% with relief; 91.1% close with a written explanation. Consumers disputed 0% of responses after the company replied. Top product "Money transfer, virtual currency, or money service" · top issue "Other transaction problem."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about TransferWise Ltd.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for TransferWise Ltd: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Data sourced from official public datasets for TransferWise Ltd (#227 of 342; 93.2% timely; 8.6% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Slower timely-response band