Exposed: the true cost of sending £1,000 to Euro


####Do you know how much your bank charges when you send money abroad?

It's likely to be more than you think.

In fact, it could be costing you up to 5% to send money abroad using one of the UK's high street banks.

Our data, taken direct from the bank's websites, shows that the stated fee is only a small part of the true cost.

The banks hide costs in bad exchange rates, which are much lower than the real mid-market exchange rate you’ll see on Google.

At Wise we're all about transparency. No hidden charges. No nasty surprises.

Wise uses the mid-market exchange rate (that same one you see on Google) and charges a low, transparent up-front fee. That's why it's cheaper.

It's only fair. It's your money.

Don't accept anything else.

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.

Money without borders

Find out more

Tips, news and updates for your location