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Closer to Mission 0: Transfers to Europe, and from Canada, are now cheaper 🎉

On January 29th, we took a step closer to realising our mission of money without borders. All our customers sending money to Euro, and from Canadian dollar, will see the price of their transfers go down.
Better infrastructure and local partnerships let us cut out middlemen (usually, banks) and their fees. This let us drop some of our costs — and pass those savings back to you. See how much you’ll save on your next transfer 👇

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.