Summary of fee changes: Major routes got cheaper but some fees are up
We have been changing our fees on Wise over the last months. Some of you benefited as a lot of routes got cheaper, but you would have seen an increase in some...
In Q4, sending money got cheaper 🎉
In Q4, we lowered fees for sending money to Japan, Ukraine, and Thailand.
Additionally, our teams lowered our costs for sending money to Mexico, which let us bring those fees back down close to the levels they were at before we had to raise them in Q2 2021.
Fees are now also lower when you convert from Philippine peso in your Wise account, and sending money from Malaysia will be cheaper for the majority of you. (If you’re a Malaysian resident, we need to charge a 6% Sales and Service Tax (SST) when you send money from MYR, so transferring to certain currencies might come with a slight increase in fees for you.)
Lowering fees is a key part of our mission to eventually make Wise free for our customers.
Overall, in 2021:
Read more about our mission, or see how much you’ll save after a year of price drops in our calculator. Here are some of our routes that benefit the most:
Sending money from USD to Ghana
Sending money from Poland to Ukraine
Sending money from Canada to Japan
*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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