The guidance on this page only applies to EEA residents.
When you turn on Interest, you can still spend and send your money at any time.
However, there’s a processing time of up to 2 working days when you transfer over 12,000 EUR in one day from Interest balances or Jars. This is to help us keep your service fee low and offer you the best rate possible.
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
Processing time
| Daily Transfer Total | Processing Time |
|---|---|
| Up to 12,000 EUR | No added delay |
| Over 12,000 EUR | Up to 2 working days |
This only affects:
Interest balances or Jars on personal accounts
transfers from balances or Jars where you’ve turned on Interest
personal accounts that use Interest
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, or direct debits.
Making multiple transfers
You can make multiple transfers in one day without processing time as long as the total is 12,000 EUR or less.
However, it works differently if you transfer multiple amounts that bring you over 12,000 EUR. For example, if you 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 2 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 EEA but need to transfer USD, your threshold will be based on our exchange rate for EUR to USD for that day.
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 Interest, 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 2 working day processing time for transfers over 12,000 EUR, 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.