Wise is a multi-currency account built around international money transfers at the mid-market exchange rate with a visible fee. You can hold dozens of currencies, get local account details in major currencies to receive money, and spend abroad with the Wise debit card. There is no monthly subscription: you pay per transaction. Wise is a regulated payment and e-money company, not a bank.
- No monthly fee: pay only for what you use
- Currency conversion from 0.24%, varying by currency
- Local account details to receive money in major currencies
- Monthly fee
- €0 / £0 (no plans or subscriptions)
- Card
- Wise debit card, one-time order fee (£7 in the UK)
- Currency conversion
- From 0.24%, depends on the currency
- ATM withdrawals
- Free up to a monthly limit (UK: £250), then a % fee
- Available in
- Most of Europe and the UK, plus UAE, Israel and more
- Deposit protection
- Safeguarded, not covered by a deposit guarantee (see below)
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. Customer money is safeguarded (kept separate from Wise's own funds) and is not covered by a deposit guarantee scheme. UK: Wise Payments Limited, authorised by the FCA as an e-money institution (FRN 900507).
