Make transfers wherever you are - at the touch of a button.

Wise
E-wallet
Money Transfer
Business
Personal
Multi-currency
Debit card
Virtual Card
SWIFT
SEPA
IBAN
Travel
Investing/Trading
Referral program
Mobile Apps

Wise, formerly known as Transferwise, is a cutting-edge digital banking institution. It began by offering low-cost international bank transfers at competitive currency rates. Its primary audience is made up of expats, freelancers, and travelers. Wise provides a free multi-currency account that supports 40+ currencies, IBAN, mid-market exchange rate, and much more!

Services

  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account

  • SWIFT

  • Card

  • Crypto

Details

Details
Founded:

2010

Has mobile app:

Yes

Has web version:

Yes

Has apple pay:

Yes

Has google pay:

Yes

Languages:

Bahasa Indonesia, English, Deutsch, French, Spanish, Italian, Portuguese, Ukrainian, Magyar, Polish, Romanian, Russian, Turkish, Chinese, Japanese

Emi type:

E-wallet / Money Transfer

Not available in these countries:

AFG, BDI, Crimea, CUB, ERI, IRQ, PRK, SYR, CAF, YEM, HKG, IND, VEN, SOM, IRN, SDN, South SDN, ARE, MYS, TCD, COG, Sevastopol, HI, NV

Jurisdiction:

GBR

Licenses:

AEMI, FCA

Main info

Main info
Has insurance:

No

Has trading:

No

Has IBAN:

Yes

Has SEPA:

Yes

Has SWIFT:

Yes

Service fee:

0 GBP/month

Main service fee text:

Holding money in your account:

Hold 50+ currencies: free
Hold more than 3,000 GBP: 0.07%
Invest with Wise: 0.55% (annual fee)

Investing:

The fund management fee is accrued daily on money you hold as stocks (0.00041% daily). The Wise service fee is also accrued daily (0.0015% daily), and will be debited monthly from the balance or jar you hold as stocks.

Fund fee (Charged by BlackRock): 0.15% annually

Service fee (Charged by Wise): 0.40% annually

Account opening fee:

0 GBP

Deposit fee:

Receive AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY and USD (non-wire): free
Receiving USD wire payments ( fixed fee per payment): 4.14 USD

Withdrawal fee:

Bank Transfer: from 0,41%

P2P fee:

From 0,41%

Main currency:

GBP

Number of currencies:

54

Conversion fee:

From 0.41%

Other currencies:

MAD, CRC, GBP, NZD, AED, AUD, BGN, CAD, CHF, CZK, DKK, EUR, HKD, HRK, HUF, ILS, INR, JPY, KRW, MYR, NOK, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR, CNY, MXN, NGN, RUB, ARS, CLP, EGP, GEL, IDR, KES, PEN, PHP, TZS, UAH, UGX, UYU, VND, BDT, BWP, GHC, LKR, NPR, PKR, XOF, ZMW

Cashback:

Up to 10%

Interest account:

Investing:

The fund management fee is accrued daily on money you hold as stocks (0.00041% daily). The Wise service fee is also accrued daily (0.0015% daily), and will be debited monthly from the balance or jar you hold as stocks.

Fund fee (Charged by BlackRock): 0.15% annually

Service fee (Charged by Wise): 0.40% annually

Referral program:

When 3 of your friends make their first transfer of more than 200 pounds, Wise will pay you up to £50 as a referral bonus.

Card

Money transfer

Business account

Card
Has virtual card:

Yes

Has multicurrency card:

Yes

More info:

Card pricing: 5 GBP
Optional express delivery ( get it delivered in 1-2 days): from 17 GBP
Replacing your card: 3 GBP

Payment card type:

Debit

Card provider:

Visa

Virtual card pricing:

0 GBP

ATM withdrawal fee:

2 or less withdrawals:
Less than 200 GBP per month: free
More than 200 GBP per month: 1.75%

3 or more withdrawals:
Less than 200 GBP per month: 0.5 GBP
More than 200 GBP oer month: 0.5 GBP + 1.75%

Card limits:

Limits are in GBP for UK and EUR for EU cardholders. Limits for other countries and day limits can be viewed on the website.

Chip and PIN/mobile wallets: Default - 10,000 Max - 30,000 per month

ATM limits: Default - 3,000 Max - 4,000 per month

Contactless: Default 4,000 Max 4,000 per month

Magnetic stripe: Default 1,200 Max 6,000 per month

Online purchase: Default 2,000 Max 30,000 per month

Card pricing in eur:

7 EUR

Money transfer
Money transfer speed (days):

1

Business account
Business account has IBAN:

Yes

Business account has SEPA:

Yes

Business account has SWIFT:

Yes

Business account has business card:

Yes

Business p2p fee has conversion:

No

Business account deposit methods and fees has conversion:

No

Business account withdrawal methods and fees has conversion:

No

Business account service fee:

Holding money in your account:

Hold 50+ currencies: free
Hold more than 30,000 GBP: 0.07%
Invest with Wise: 0.55% (annual fee)

Business account P2P fee:

From 0.41%

Business account opening fee:

45 GBP

Business account deposit methods & fees:

Receive AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY and USD (non-wire): free
Receiving USD wire payments ( fixed fee per payment): 4.14 USD

Business account withdrawal methods & fees:

From 0,41%

User Reviews

Abdiraxmaan Ibrahim maxamed

Paypal

Jennifer

This is the best transfer service and my #1 choice for Euro/Dollar/Pound exchanges

Nonamebell

A superb, faultless service.

AnNoname

Been using wise for quite a few years. Easy transfers and quick. I would never use a bank to transfer again due to extortionate fees. The wise card is also a great product which is so easy to use especially when travelling far and wide and stopping at numerous countries. Cannot recommend Wise high enough!

Rue Jay

I have used wise a few times for transferring money to Spain, so I thought that we would open up a business account with them. I have tried to send €12,0000 to fund the deposit of a house in Murcia Spain. We sent the money over and was told that the verification process would take up to 2 weeks. The money should not have been requested if this was the case as this was already going to hold me up... it gets worse! It has now been over two months!! all documents have been received and verified and they are still holding onto my money. I am starting to wonder if I will ever get it transferred or back as I cannot speak to a human being, only able to send emails which takes two days to get a response.Very slow, counter-productive and has now cost me my dream house as in the Sun. Thank you Wise, you bunch of cowboys. Be very careful. I will update once I have anything more to share but to the date of this review I am over two months with no sign of my money. ?10,000 … It’s too much money to be left in limbo

OleksNonamestych

The best service I have ever seen. Thank you guys. You are awesome!

BNonamehan

I dont want to proof my Income everytime i send Money.

Alan

Extremely good and constantly improving service. I have been withTransferwise/Wise for many years and would recomend it to any expat that regularly transfers funds from a British bank account to a Euro area such as pension payments.

GurNonameh

Very good service ..I give this app and all transferwise team . 5 star thanks so much

GaNonameguard

Brilliant service, quick and easy, thoroughly recommend

GNonames

100% satisfied. I would definitely recommend Wise. Thank you!

ChriNonamesoupas

Absolutely Brilliant. Low cost, High speed transfer.

Nonameace Ellis

Excellent Experience two times transferring money from my U.S. bank account to a hotel in Greece. Fast, efficient, secure, and a really good rate. I will continue to use Wise.

DhanNonamegavel

no proper customer supportno way to trace the missed transactionsno skilled people to explain in the chat or emailno trust , no way to send the money in emergency basis

KNonamen

easy to use. inexpensive. why can't banks make it this simple??????? love Wise x

GoNonamen

Login is now much better and more reliable than previously but I still have yet to register for biometric fingerprint login

Nour

By far one of the best if not the best in online banking, fair fees and greats services highly recommend

SNonNonamen

No reply to request for information relating to Amazon withdrawal of ?7.99 that I did not make. I do not consider this taking security seriously. Lost fraud starts off with small amounts. I was not in Spain at the time of this deduction.

NonameNonameNonameis

It's simple, Wise is the best monetary service I have ever used. It's direct and effective.

GKE

The app is easy to use, the exchange rate is always better than my bank, the speed of transaction keeps getting better.

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