Skip to main content

Lower fees, same speed. Coming to half of our customers this September…

When it comes to moving and managing your money, we don’t believe in borders. What we do believe in, is fast, cheap, and eventually free transfers.
That’s why our team has been working away behind the scenes to get us one step closer to a world where you can forget about your location and let us focus on the destination. As of September, we’re reducing the amount it costs you to transfer money across countries with Wise. You can read more about how we made it happen here and calculate how much you’ll be able to start saving below..

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

1

Be radically transparent

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

2

Charge as little as possible

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

3

Make it simple, make it instant.

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