What are the fees and limits for receiving money?

When getting paid to your Wise account, most payment types are free to receive,  and you can receive almost any amount. Read on to see exceptions.

Learn how to get account details and what currencies you can receive

Fees

Receiving domestic payments for the majority of currencies is free. There might be some additional charges for Swift payments. Check the current fees for receiving money on our pricing page — just set it to your region at the top.

Sometimes, the sender’s bank may charge a fee before the payment reaches us, so reach out to the sender to check with their bank.

CAD account details

• There are no fees to receive EFT payments, also known as direct deposit or electronic fund transfers

• There’s a fixed fee to receive CAD via Swift — check our pricing page to see the current fees

Learn more about receiving using your CAD account details

USD account details

• There are no fees to receive ACH payments

• There's a fee to receive domestic and international wire transfers — check our pricing page to see the current fees

Learn more about receiving using your USD account details

Swift fees

There are fees to receive CAD and USD by Swift, and no fees to receive other currencies by Swift. When someone pays you by Swift, some correspondent banks might apply their own fees on top of the payment.

Check the pricing page for the most up-to-date Swift receiving fees for your region.

Limits

For most currencies, there's no limit on how much you can receive to your balance. But check the relevant currency article under Using your account details to be sure.

Getting paid by card

Business customers requesting money through card payments can request up to 10,000 GBP, or the equivalent in another currency, per payment.

Learn more about getting paid by card

Receiving large amounts

After receiving a large amount of money, we may need to ask you about your relationship with the sender, or the purpose of the payment. This is a regulatory requirement for us, and it helps us to make sure that our services are safe for everyone.

You don't need to do anything before receiving large amounts, such as sending documents to us. We review transfers on a case by case basis, so there’s no way to know what information we’ll need until we’ve received the money from the sender.

Currencies and regions

USD

These limits apply if you have USD account details with our partner, CFSB. Your routing number would starts with 026.

*These limits apply for a rolling 365-day period, and not per calendar year. So say you receive a payment on 10 April — this will count towards your limit until 11 April the following year.

Any money you receive into your USD balance using your USD account details, either by someone else or yourself, will count towards the limit.

There are no limits if you choose Add USD, or convert money from one of your other balances into your USD balance.

SGD

There are no receiving limits per day, but for personal customers there's a daily holding limit for your Wise account. Learn more about holding limits if you live in Singapore

Addresses in certain regions

There are additional receive or hold limits if your registered address is in one of these listed countries — check them for more details:

• India

• Japan

• Malaysia

• Philippines

• Singapore