Q4 2023 Mission Update: Price
Our average price stayed at 0.67% in Q4 2023. Overall, this quarter we 😞Increased fees on sending USD to countries outside the USA when using the SWIFT...
Right now, people really need to be able to move and manage their money around the world to support each other.
So we wanted to update you on what you can expect from Wise.
We don’t expect a disruption to our service
We’re an online service, with no physical branches or deliveries — so you can send, spend, receive, and convert currencies as normal.
Remote working has always been part of our company culture, so we’re already set up to be operational for the long term.
We’re working with our regulators, including the UK Financial Conduct Authority (FCA), others in the US and around the world, to make sure we have the best possible plans in place.
We’re ready if anything changes
We’ll be closely monitoring whether there are challenges delivering money to particular countries or specific banks.
Notifications in the Wise app and website will tell you if your transfer is likely to be delayed.
All our employees are working from home to protect their own and their communities’ health — we’re fortunate to be able to do this.
I know the coming months will be tough for many businesses, so I don’t say the following lightly.
At Wise, we’ve worked hard to build a sustainable company with strong financial foundations. It’s our number one priority to keep your money moving, and we’re in a good position to make that happen with as little disruption as possible.
I hope it won’t be long till we’re all back to living our international lives to the fullest. Until then, stay safe.
And as always — onwards,
Kristo and the Wise Team
*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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