The guidance on this page only applies to AU residents.
When you turn on Yield, you can still spend and send your money at any time.
There’s a processing time of up to 2 working days when you transfer over 20,000 AUD in one day from Yield balances or Jars. This is to help us keep your service fee low and offer you the best rate possible.
It can sometimes be much quicker than 2 working days — we’ll give you a delivery estimate when you set up your transfer.
Processing time
| Daily Transfer Total | Processing Time |
|---|---|
| Up to 20,000 AUD | No added delay |
| Over 20,000 AUD | Up to 2 working days |
This only affects:
Yield balances or Jars on personal accounts
transfers from balances or Jars where you’ve turned on Yield
personal accounts that use Yield
Your daily transfer total includes money you:
send
convert
move between Wise balances and Jars
It doesn't include spending with your card, ATM withdrawals, or direct debits.
Making multiple transfers
You can make multiple transfers in one day without processing time, as long as the total is 20,000 AUD or less.
It works differently if you transfer multiple amounts that bring you over 20,000 AUD. For example, if you send 20,000 AUD in the morning and then 8,000 AUD later the same day:
the 20,000 AUD transfer should arrive without added delay
the 8,000 AUD transfer will have an added processing time of up to 2 working days
If you’re transferring in a different currency
The daily limits will be the equivalent of your local currency for that day. For example, if you’re based in the UK but need to transfer USD, your threshold will be based on our exchange rate for AUD to USD for that day.
Other things can affect the arrival time
The estimated arrival time for your transfer might also be affected by other things, such as the country you’re sending to and any required security checks. This is always the case with sending money with Wise.
Find out what affects transfer times
Why we have this processing time
Unlike many other providers, we want you to have easy access to your invested money.
When you turn on Yield, you’re investing in units in a fund. When you transfer money, we need to sell some of these units to cover the transfer. This takes a couple of days though, so to help you transfer without delay we use Wise’s money while we sell your units.
By having this 2 working day processing time for transfers over 20,000 AUD, we can sell the correct portion of your share in the fund to cover the transfer. This helps us to keep your service fee low and offer you the best rate possible.