Operating Profit Margin: Definition, Formula and Calculation
Check out our guide to understand operating profit margin and how to calculate it. Also learn how it can be used to show the health of your business.
Fast-growing businesses face a raft of challenges when it comes to choosing the right business account provider, particularly if they find themselves needing to deposit large amounts into a new account quickly.
At Wise Business, we’ve got you covered. With a dedicated team of account managers ready to help you set up an account and make high-value deposits quickly and securely, you can hold large amounts in a range of currencies including GBP, USD, and EUR.
Please note that the email address provided is only for customers looking to make high-value deposits of £500k and over.
Read below to get started with Wise Business!
Wise Business is the international business account for SMBs from Wise.
In addition to being able to send and spend in over 50 currencies in 170 countries, Wise Business offers balances and account details in USD, GBP, EUR, AUD and several other major currencies.
We’re used by 300,000+ businesses every quarter, we know all about scaling fast, and we’re here to help you grow your business without borders.
For more information on the Wise Business account, see below or visit our homepage
Apply for a
Wise Business account
Yes. We have dedicated account managers on hand to help you with fast-track onboarding and any FX needs you might have. If you're a high value business looking to deposit or send large amounts with Wise, please contact our sales team. If you are already a Wise customer, log in to call our Customer Support team and ask to be directed to the high value transactions team.
If you already have a Wise Business account, you should be able to transfer any amount into your account, subject to our standard Terms of Use. However, if you haven’t yet signed up for an account, our high value team can assist you with the onboarding process.
In the UK, Wise is licensed as an electronic money institution. We safeguard the money you hold in your Wise account, meaning that unlike banks, Wise does not lend out customer money.
We hold different regulatory permissions in various countries that enable us to provide our services. How we safeguard your money may vary by country according to the different regulations. Learn more about how Wise safeguards UK customer funds and EEA customer funds.
Wise uses two approaches to safeguard funds. We deposit funds at banking institutions and invest them in government backed liquid assets, primarily government bonds.
At Wise, we believe in transparency. That’s why it’s important for you to know where customer funds are held. See our article here for a full list of how Wise safeguards UK customer funds.
Wise Business offers fast international payments for investments, payments to vendors, and employees —at the real exchange rate, in 150+ currencies and 70 countries, with transfer prices on average up to 5x cheaper than banks
You can get local bank details for 10 different currencies including USD, EUR, GBP and give them to your customers for an easy, free way to get paid
Businesses can easily withdraw from Amazon, Stripe and more in up to 10 currencies
Pay up to 1,000 people in one click in 50+ currencies via our batch payments tool. We also offer two-person payments authorization, for extra peace of mind.
Boost balances by up to 4.17% with our Interest Assets feature (see below)
Get business debit cards to spend like a local and online
Control outgoings by letting employees spend with business expense cards
Earn up to 0.5% cashback on business card spending (UK only)
Manage cash flow by connecting to accounting software including Xero and QuickBooks
Disclaimer: Please note the features above are dependent on regional availability
For more information, visit our the Wise Business homepage
Apply for a
Wise Business account
Currently available for Wise Business customers based in the UK, Singapore, France, Finland, Luxembourg, Austria, Netherlands and Spain, Interest Assets enables account holders to switch balances into the following currencies and get up to 4.17%:
GBP (3.61%)
USD (4.17%)
EUR (2.00%)
These rates are variable, linked to the central bank interest rate, and already include our fee. Interest Assets uses a low risk fund with government-backed assets, but as with all investment products, your capital is at risk.
Find out more about Assets and Interest Assets features here and learn more about how your money is held in assets here.
If you are a Wise Personal or Business customer and need to speak to a member of our customer services support team please log in to your account and visit our help center and ask to speak to our high value business transactions team. If you are not a Wise customer please reach out to us via email on high-value@wise.com and a member of our support team will get back to you.
*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.
Check out our guide to understand operating profit margin and how to calculate it. Also learn how it can be used to show the health of your business.
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