Wise is a payment and e-money provider, not a bank. Its multi-currency account is built around international money transfers at the mid-market exchange rate with a visible fee. In the UK and the EEA you can hold and convert many currencies, get account details to receive money in major currencies and spend with the Wise debit card. The features you can use depend on where you live. There is no monthly subscription: you pay per transaction.
- No monthly fee: pay only for what you use
- Conversion fee varies by currency: from 0.24% in the UK, from 0.2% in Ireland
- Account details to receive money in major currencies (UK and EEA)
- Monthly fee
- £0 (UK) / €0 (EEA): no plans or subscriptions
- Card
- One-time order fee: £7 in the UK, €7 in Ireland; digital card free. Check the price for your country
- Currency conversion
- Varies by currency: from 0.24% (UK), from 0.2% (Ireland)
- ATM withdrawals
- UK: free up to £250 a month; 2.69% applies only to the amount above the monthly allowance. Ireland: free up to €250 a month; 2.69% applies only to the amount above the monthly allowance. Other countries: see the Wise app
- Available in
- UK and EEA: account, account details and card. Israel: transfers, account details and card. UAE: Wise says the Wise account is not available yet. Check Wise for your country
- Deposit protection
- Safeguarded, not covered by a deposit guarantee (see below)
- Prices checked
- 27 October 2026, on Wise UK and Wise Ireland pricing pages
For EEA customers Provided by Wise Europe SA, Rue du Trône 100, bte 3, 1050 Ixelles (Brussels), Belgium. Payment institution, regulated by National Bank of Belgium, licence/register no. Company no. 0713629988. Wise is not a bank. EEA: Wise Europe SA, a payment institution authorised by the National Bank of Belgium, safeguards customer money (kept separate from its own funds, at banks and in low-risk liquid assets); it is not covered by the Belgian deposit guarantee scheme. UK: Wise Payments Limited, an electronic money institution authorised by the FCA (FRN 900507); customer money is safeguarded and not covered by the FSCS. Israel: Wise ILS Ltd, licensed by the Israel Securities Authority. Your Wise terms name the entity that serves you.
