Wise Expands in Brazil with New Payment Institution License
We have some excellent news to share: we’ve received our second licence from the Central Bank of Brazil, this time as a payment institution. Until now, we...
We’re deeply saddened by the war in Ukraine and our thoughts are with everyone affected.
Ukraine has played an important role in our history since the very start of Wise, back in 2011. Many of our Wisers call Ukraine their home. Wise wouldn’t be where it is today without the contributions of our fantastic team members on the ground.
Recent developments in the region mean it’s more difficult to operate our service. But as long as we are able to do so, we will continue to offer our service to people needing to send money to UAH.
To enable us to continue offering that service, we had initially capped transfers to UAH at 200 and then 2,500 GBP/EUR/USD. We have now removed that cap and our limits are back to where they were (up to 10,000 GBP/12,000 EUR/14,000 USD) to UAH. We’ll continue to monitor the situation very closely.
We know that financial support is important in a time of crisis and we want to help. That’s why we waived fees on over 500,000 GBP in volume for personal transfers to UAH to help customers who may have emergency needs. Going forward, we remain focused on continuing to offer sending money to UAH as long as we're able to.
Send money now.
Disclaimer
Wise waived fees on over £500,000 in personal transfers to individual customers from 5pm GMT on 25 February 2022. Once £500,000 in transfers was processed, Wise continued to apply the fee waiver at its discretion. The fee waiver ended on 26 February at 1pm GMT.
All transfer minimum and maximum limits apply. Currently UAH transfers must be at least 0.20 GBP and cannot exceed 10,000 GBP (or equivalent).
*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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