Fees to send money on some routes have gone up

Recently, costs have increased on sending money from USD, CHF, CAD, JPY, HUF, MYR, TRY, INR, SEK, PLN, CZK, DKK, NOK, RON and sending money to USD, INR, THB, PHP, IDR, MYR, MXN, PLN, PKR, KRW, VND, MAD, HUF.

We need to raise our fees to cover these new costs.

See how much fees are increasing 👇

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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.

  • 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

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Low, and getting lower

We charge as little as possible, and we’re on a mission to drop prices until we’re eventually free.

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Radically transparent

We’re honest and upfront about what things cost, we use the mid-market rate, and never hide fees.

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Fair for all

You pay for what you use. No more. No less. We believe no one should pay the cost of someone else’s ‘free’.