Wise
The cheap, fast way to send money abroad.
Overview
Wise (formerly TransferWise) is a financial technology company that allows people and businesses to send and receive money internationally at the real exchange rate. It also offers a multi-currency account with a debit card.
✨ Key Features
- Low-cost international money transfers
- Mid-market exchange rate
- Multi-currency account to hold and manage money in 50+ currencies
- Wise debit card for spending abroad
- Local bank details in multiple countries
🎯 Key Differentiators
- Transparency in fees and exchange rates
- Use of the mid-market exchange rate
- Multi-currency account with local bank details
Unique Value: Wise provides a cheaper, faster, and more transparent way to send and receive money internationally by using the real exchange rate and charging low, upfront fees.
🎯 Use Cases (4)
✅ Best For
- Freelancers getting paid by international clients
- Businesses paying overseas suppliers and employees
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Domestic money transfers (other services may be cheaper)
- Businesses that need a full suite of banking services
🏆 Alternatives
Wise is typically cheaper and more transparent than PayPal and traditional banks for international transfers. Its multi-currency account is a powerful tool for anyone who works with multiple currencies.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (NA tier)
🔒 Compliance & Security
💰 Pricing
Free tier: Free to open a Wise account.
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