Transferring from Stocks balances or Jars

When you turn on Stocks, you can still spend and send your money any time.

The processing time varies depending where you live, and it can sometimes be much quicker than the stated timeframe. We'll give you a delivery estimate when you set up your transfer.

It can sometimes be much quicker than 2 working days — we’ll give you a delivery estimate when you set up your transfer.

Find out how to avoid unexpected processing time

The amount you can transfer without this processing time depends where you live, and whether you’re a personal or business customer.

Your daily transfer total includes money that you:

• send

• convert

• move between Wise balances and Jars

It doesn't include spending with your card, ATM withdrawals, scheduled transfers, or direct debits.

Making multiple transfers

You can make multiple transfers in one day without processing time as long as it’s under the daily transfer total for your region.

However, it works differently if you transfer multiple amounts that bring you over the daily transfer total. For example, if you’re a personal customer living in the EEA and send 10,000 EUR in the morning and then 8,000 EUR later the same day:

• the 10,000 EUR transfer should arrive without added delay

• the 8,000 EUR transfer will have an added processing time of up to 5 working days

If you’re transferring in a different currency

The daily limits will be the equivalent of your local currency for that day. For example, if you’re based in the UK but need to transfer USD, your threshold will be based on our exchange rate for GBP to USD for that day. 

If you’re moving money between balances and Jars that both have either Interest or Stocks turned on

This means your money is invested in both places. When you move money between balances and Jars that are both invested, we need to sell the correct portion of your investment and then reinvest it. During this processing time, you might miss out on your daily returns.

Other things can affect the arrival time

The estimated arrival time for your transfer might also be affected by other things, such as the country you’re sending to and any required security checks. This is always the case with sending money with Wise.

Find out what affects transfer times

Why we have this processing time

Unlike many other providers, we want you to have easy access to your invested money.

When you turn on Stocks, you’re investing in units in a fund. When you transfer money, we need to sell some of these units to cover the transfer. This takes a couple of days though, so to help you transfer without delay we use Wise’s money while we sell your units. 

By having this processing time for larger transfers, we can sell the correct portion of your share in the fund to cover the transfer. This helps us to keep your service fee low and offer you the best rate possible.