Wise Expands in Brazil with New Payment Institution License
We have some excellent news to share: we’ve received our second licence from the Central Bank of Brazil, this time as a payment institution. Until now, we...
Hi Affiliates,
We’re super excited to announce that you can now send money from AED to 70+ countries!
🎉 This makes Wise the first fully online money transfer service in the UAE. 🎉
With the UAE being 1 of the top 5 countries worldwide for sending money overseas, we’re moving closer towards our mission of making sending money around the world cheaper, fairer and more convenient.
On average we’re 2x cheaper than banks and exchange houses
We’re particularly competitive for sending between 1000 - 50K AED
Send money from AED to 70+ countries with ability to send to bank accounts or mobile wallets in the Philippines
Convenient - can track status of transfer via desktop or mobile app, fully online service so no need to visit exchange houses in person, sending via bank transfer rather than SWIFT transfer so beneficiary avoids fees
Need to include the following information about Wise when mentioning the ability to send money from AED:
Full version (Recommended): Wise Nuqud Ltd is regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). Its parent company, TransferWise Ltd, is an authorised Electronic Money Institution regulated by the Financial Conduct Authority (FCA) in the UK.
Shortened version: Regulated by ADGM's Financial Services Regulatory Authority
Shortest version: Regulated by the FRSA
Trust will be particularly important factor in the current climate so pushing the regulatory messaging above will help with this
Expats (~250K in UAE)
Send money back home monthly or in a lump sum every 2-3 months. Usually work in oil, gas, education, finance and investment sectors
Mostly come from US, UK, Brazil, France, Italy, Germany, Canada, Australia, Spain, New Zealand, Singapore
Comparative information on transfer fees and times with key exchange houses in UAE e.g. UAE exchange, Al Fardan Exchange and with banks e.g. Emirates NBD or money transfer services like Western Union
Send money related articles to key currency routes/ countries
Dedicated landing page:
https://wise.com/ae
Please ensure that you deeplink to this page. Details on how to create a deeplink on Partnerize can be found here.
How to video can be found here:
https://www.youtube.com/watch?v=yRzAeRltbMA&feature=youtu.be
If you would like to discuss additional promotion of Wise to support this launch or have any questions, please get in touch on partnerwise@wise.com
Happy promoting!
Wise Affiliates Team
partnerwise@wise.com
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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