About Wise

Wise (formerly TransferWise) is a global technology company that's building the best way to move money around the world.

Pros and Cons

Pros

• Low Fees: Transparent and low fees for international transfers.
• Real Exchange Rate: Uses the mid-market exchange rate.
• Multi-currency Account: Hold and manage money in 50+ currencies.

Cons

• No Physical Branches: Fully digital, no in-person support.
• Limited Banking Features: Not a full bank in all regions.

FAQ

Is Wise safe?

Yes, Wise is regulated by financial authorities in multiple countries.

How fast are transfers?

Many transfers are instant or arrive within one day.