Send money via direct debit

Send money via direct debit from our website or mobile app, in just a few clicks. Join over 10 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
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  • 2.79 USD
  • 4.27 USDOur fee
  • 7.06 USDTotal fees
  • =
    992.94 USDTotal amount we’ll convert
  • ×
    0.9313

Should arrive by Wednesday

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Sending 1,000 USD withRecipient gets(Total after fees)and transfer speedTransfer speed
CheapestRemitly
924.75 EUR6-8 days
6-8 days
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.924750
Exchange rate markup
6.98 USD

Cost of transfer
6.98 USD

Wise
924.68 EUR- 0.07 EUR1 day
1 day
Transfer fee
7.06 USD
Exchange rate(1 USD EUR)
0.931250
Exchange rate markup
0 USD

Cost of transfer
7.06 USD

Instarem.
922.40 EUR- 2.35 EURunavailable
unavailable
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.922402
Exchange rate markup
9.50 USD

Cost of transfer
9.50 USD

OFX
918.55 EUR- 6.20 EUR3-7 days
3-7 days
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.918552
Exchange rate markup
13.64 USD

Cost of transfer
13.64 USD

Western Union
917.11 EUR- 7.64 EURwithin 8 days
within 8 days
Transfer fee
0.99 USD
Exchange rate(1 USD EUR)
0.918017
Exchange rate markup
14.21 USD

Cost of transfer
15.20 USD

Xe
914.75 EUR- 10 EURwithin 1 day
within 1 day
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.914751
Exchange rate markup
17.72 USD

Cost of transfer
17.72 USD

MoneyGram
912.50 EUR- 12.25 EURwithin 10 days
within 10 days
Transfer fee
1.99 USD
Exchange rate(1 USD EUR)
0.914322
Exchange rate markup
18.18 USD

Cost of transfer
20.17 USD

Xoom (A PayPal Service)
910.45 EUR- 14.30 EURwithin hours
within hours
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.910449
Exchange rate markup
22.34 USD

Cost of transfer
22.34 USD

Bank of America
905.60 EUR- 19.15 EUR2-3 days
2-3 days
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.905600
Exchange rate markup
27.54 USD

Cost of transfer
27.54 USD

Chase
900.19 EUR- 24.56 EUR2-8 days
2-8 days
Transfer fee
5 USD
Exchange rate(1 USD EUR)
0.904709
Exchange rate markup
28.50 USD

Cost of transfer
33.50 USD

Wells Fargo
898.42 EUR- 26.33 EURunavailable
unavailable
Transfer fee
0 USD
Exchange rate(1 USD EUR)
0.898418
Exchange rate markup
35.26 USD

Cost of transfer
35.26 USD

PayPal
889.49 EUR- 35.26 EUR6-8 days
6-8 days
Transfer fee
4.99 USD
Exchange rate(1 USD EUR)
0.893952
Exchange rate markup
40.05 USD

Cost of transfer
45.04 USD
The information above applies when you pay in via bank transfer or ACH payments. Information provided is not in real time and may be different from the actual rates and fees on the provider’s website. Transaction speed claimed depends on individual circumstances and may not be available for all transactions. How do we collect this data?
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How to send money via direct debit in 3 easy steps

What is Direct Debit money transfer?

Whether you call it a direct debit or an EFT, direct debit money transfers are often one of the cheapest ways to make a Wise international payment. It’s convenient to arrange a direct debit to Wise - you can often get set up online or in your bank’s mobile app, so you don’t even need to leave home.

You can make a Wise direct debit money transfer of up to 9,500 CAD in 24 hours from a personal account. There’s also a limit of 30,000 CAD a week. You can send direct debit payments from a business bank account, too, as long as you have a Wise Business account.

When you set up a Wise money transfer and pay by direct debit, the exchange rate is guaranteed as soon as you authorize payment to Wise. That means there are no surprises if the rates change while your direct debit is winging its way to Wise - you’ll know exactly how much your transfer will cost you, and what rate you’re getting, straight away.

Learn more about using direct debit transfers.

Online money transfer fees

How much does it cost to send money via direct debit?

To send money via direct debit with Wise, you will pay a small, flat fee and a percentage of the amount that's converted. We will always show you the total cost upfront - and you can rely that we won't hide any further fees in the exchange rate.

Sending money shouldn’t cost the earth, so we built Wise to save you money when you transfer and exchange internationally. We charge as little as possible: right now a tiny fee, eventually free.

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

How long does a money transfer via direct debit take?

A money transfer via direct debit (USD-EUR) should arrive by Wednesday. Sometimes transfer times can differ based on currencies or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

USD
EUR

Should arrive

by Wednesday

Trust Wise with safe & secure money transfers

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We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

See why customers choose Wise for their international money transfers

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com.