Skip to main content

Using the multi-currency account becomes cheaper for 93% of our customers 🥳

From 19 October, sending money from your balance to any currency will cost you less, with same-currency transfers dropping up to 45%. Converting money between balances will be cheaper for 85% of our currency routes.
However starting 19 December, it will cost $7.50 to receive USD wires to your USD bank details. And we’re adding a 0.4% fee to hold more than €15,000 in euros as a personal customer, or €70,000 as a business customer. Read more about how and why we’re changing these fees.

What your fees pay for

Normal companies aren’t always 100% honest about their fees and profits. We believe in radical transparency. Across our business globally, this is what your fees pay for.

Our costs
  • 12% Offices and other overheads
  • 14% Operations and customer support teams
  • 18% Margin and growing Wise
  • 20% Building and improving Wise
  • 36% Banking partners and money-moving costs

We calculated this data on 2nd August 2019, and it shows the average cost of transfers across all currencies.

Our three principles


Be radically transparent

Most companies aren't always 100% honest about their fees and profits. We believe in having nothing to hide.


Charge as little as possible

Most companies charge as much as they can get away with. We do the opposite.


Make it simple, make it instant.

Most companies make you pay more for ‘premium’ stuff. We believe the best-possible should be standard.