Our fees from EUR are changing

Wise

Why are we changing fees?

When we open a currency route, we estimate how expensive it will be to operate and set the fees. As more users start using Wise, we're able to negotiate better fees from our bank partners and benefit from scale. That makes transfers cheaper. As the volumes grow on Wise, it becomes gradually cheaper and cheaper for everyone. Any of your friends still using their bank to send money?

Sometimes we're wrong in estimating the cost or realise that some types are transfers are really costly to make. Card payments are a great example. In most European countries your bank takes 0.20% from your payment as debit card interchange. Add scheme fees from Mastercard or Visa and the rest — it often turns out 2-3x more expensive to pay via card than by direct bank transfer.

Low cost transfers

Funding your transfer from the bank is almost always the cheapest option. If you prefer low cost over speed and don't mind an extra step of making a bank transfer — choose this option.

Payments from 115,000 EUR become even cheaper. Amounts higher than that convert at -0.10% less.

Fast and easy transfers

Fast transfers can be sent from debit and credit cards. They are available at an extra 0.20% cost.

New Fees

See how the new fees have impacted low cost transfers from your bank.

Before After Impact @ €  5,000
GBP 0.50% min € 2.00 € 0.80 + 0.30% -37% ✯✯✯
USD 0.50% min € 2.00 € 0.70 + 0.35% -27% ✯✯
INR 0.70% min € 1.64 € 0.70 + 0.45% -34% ✯✯✯
AUD 0.70% min € 1.29 € 0.60 + 0.35% -48% ✯✯✯
CHF 0.50% min € 2.00 € 1.30 + 0.30% -35% ✯✯✯
AED 1.00% min € 2.55 € 2.50 + 0.70% -25% ✯✯
ARS € 3.00 + 1.00% € 2.60 + 1.00% -1%
BGN 0.70% min € 1.43 € 0.60 + 0.55% -20% ✯✯
BDT € 2.00 + 1.40% € 1.90 + 1.30% TBC
BRL 1.50% min € 1.60 € 1.40 + 1.05% -28% ✯✯
CAD 0.50% min € 2.00 € 0.50 + 0.40% -18% ✯
CLP 1.50% min € 3.00 € 3.40 + 0.90% -35% ✯✯✯
CNY 1.50% min € 3.19 € 1.60 + 1.50% TBC
CZK 0.70% min € 1.64 € 0.50 + 0.35% -49% ✯✯✯
DKK 0.50% min € 2.00 € 1.10 + 0.35% -26% ✯✯
EGP € 2.00 + 0.80% € 2.50 + 0.75% -5%
GEL 1.00% min € 0.70 € 0.80 + 0.70% -28% ✯✯
HKD 0.50% min € 2.00 € 1.50 + 0.45% -4%
HRK 0.70% min € 1.42 € 1.70 + 0.50% -24% ✯✯
HUF 0.70% min € 1.31 € 0.80 + 0.35% -48% ✯✯✯
IDR € 2.00 + 0.70% € 1.40 + 0.55% -22% ✯✯
ILS 1.00% min € 2.00 € 2.30 + 0.55% -40% ✯✯✯
JPY 0.50% min € 2.00 € 2.70 + 0.50% 11% ☹
KES € 2.00 + 0.70% € 2.80 + 0.65% -5%
LKR 1.00% min € 0.80 € 1.50 + 0.55% -42% ✯✯✯
MAD 1.50% min € 2.70 € 2.30 + 0.80% -44% ✯✯✯
MXN 1.00% min € 1.32 € 1.00 + 0.45% -53% ✯✯✯
MYR 0.70% min € 1.61 € 2.10 + 0.50% -23% ✯✯
NGN € 2.00 + 0.50% € 0.70 + 0.50% -5%
NOK 0.50% min € 2.00 € 0.90 + 0.35% -26% ✯✯
NPR € 1.50 + 1.00% € 8.10 + 0.50% -36% ✯✯✯
NZD 0.70% min € 1.76 € 0.80 + 0.35% -48% ✯✯✯
PEN 1.50% min € 3.00 € 3.30 + 1.05% -26% ✯✯
PHP 1.00% min € 2.32 € 2.30 + 0.50% -45% ✯✯✯
PKR 1.00% min € 2.31 € 2.20 + 0.45% 0%
PLN 0.50% min € 2.00 € 0.60 + 0.35% -28% ✯✯
RON 1.00% min € 2.15 € 0.90 + 0.45% -53% ✯✯✯
RUB 1.50% min € 2.71 € 2.20 + 0.60% -57% ✯✯✯
SEK 0.50% min € 2.00 € 0.70 + 0.30% -37% ✯✯✯
SGD 0.50% min € 2.00 € 1.00 + 0.30% -36% ✯✯✯
THB € 2.00 + 0.70% € 3.00 + 0.50% -24% ✯✯
TRY 1.00% min € 1.13 € 1.70 + 0.50% -47% ✯✯✯
UAH € 0.50 + 2.40% € 0.50 + 2.30% TBC
VND 1.50% min € 3.54 € 2.00 + 0.80% -44% ✯✯✯
ZAR € 17.03 + 0.70% € 10.00 + 0.50% -33% ✯✯✯

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

Money for here, there and everywhere

Find out more

Tips, news and updates for your location