To use any of the specified services, those that want to send money are required to open an account using either the mobile app or the Rewire website. You’ll need to provide your full name, phone number, and email for the initial signing up process, but you’ll also need to upload an ID, submit a photograph and give additional personal information for your IBAN account to be set up ready to go.
Once your account is created, you can deposit money into your Rewire account through a range of different options, including credit and debit cards, bank transfers, or using the Sofort service. From there, you can send deposited money to any of the locations supported by Rewire using the ‘Send Money’ tab within your online banking service. Rewire charges a 1% fee on all international transfers, while local transfers are free of charge.