Sending money from your Wise balance is faster than sending from a bank account outside of Wise — and for transfers over 1,000 GBP or equivalent in other currencies, the fees are lower, too.
Before you start, you’ll need to open a balance and make sure you have enough money there to make your transfer. Here’s how to add money.
There are 2 ways that you can send money from your balances.
The first is to go to one of your balances and send money from there.
Go to Home
Choose the balance that you’d like to send from — both on web and on the app, they’re at the top of the screen
Enter the amount you want to send, choose a recipient, and enter a reference
The second way is to make a transfer as you normally would, and choose to send from your balance at the payment step. You won’t get the lower fees if you send money from your balance this way.
Click on Send money
Set up a transfer by going through the steps as you normally would
At the payment step, choose the Wise account transfer option
You may need to enter your Wise password, or use fingerprint or facial recognition, to finish sending money
Here’s what to do if you’ve forgotten your password
Direct Debits are available for AUD, CAD, EUR, GBP, and USD account details right now.
Learn how to set up a Direct Debit
Learn how much it costs to withdraw or send money from your balances