Until now, we’ve been offering business bank details to our customers for free.
From 27th May, there will be a small, one-time fee to get your bank details to receive payments into your Wise Business account.
Which is why we don’t ask you to pay monthly fees or have a minimum balance to use your account.
We also will not charge you to receive payments per transaction. This is a one-time fee only.
We want to be very upfront about what this fee is paying for.
It’ll help us cover onboarding costs (verifying your business🔒) and providing you with customer support (someone to help when you need it💚).
You can still open and hold money in any of 50+ balances for free. And you can exchange currencies at the usual low cost fee, at the real exchange rate.
This is a one-off fee only to get bank details for five currencies: USD, GBP, EUR, AUD and NZD.
This charge will not apply to your personal account.
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