Receiving a Wire Transfer from E-Trade

Hi there,

Sorry if this has already been answered, but there’s some holes in my knowledge about how to get this resolved.

I have transferred my CO-OP account over to Monzo, but I forgot that I would occasionally sell shares from an E-Trade account and have the money wired to it. I am trying to search for a method of getting this wire transfer into my Monzo account. I understand that they don’t currently guarantee that international wires will appear in your account, but I see a lot of people talking about TransferWise as a solution.

My question is, what do I need to do to resolve this? Does anyone on here have personal experience using TransferWise with E-Trade? Do I just set up an online account with TransferWise and then send money from there to my Monzo? If so, what are the potential pitfalls I might not know about when doing this?

Any help would be greatly appreciated.Thank you all in advance!

Pete

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