When you send or receive an international wire with your bank, you might lose money on a bad exchange rate, which is like a hidden fee. That’s because the banks still use an old system to exchange money. We recommend you use Wise, which is usually much cheaper. Wise’s smart technology:
Gives you a great exchange rate and a low, upfront fee every time.
Moves your money as fast as the banks, and often faster – some currencies go through in minutes.
Protects and safeguards your money with advanced security measures & 24/7 available support.
Hold and send to 40+ currencies, spend in 150+ countries.
Whether you're getting paid by businesses or clients abroad, or simply receiving money from friends or family, with the Wise Multi-currency Account you can get instant international bank details to receive money in 8+ currencies with local account details.
Excellent star rating with more than 250,000 reviews on TrustPilot.
The mid-market rate is the midpoint between demand and supply for a currency.
Whenever you sent money abroad, or convert your currency at the bank or at an airport, you're being unfairly overcharged.
Banks and money transfer providers hide the charge in the currency exchange markup making you pay more than you need to while they pocket the difference.
Wise always gives you the real, mid-market exchange rate — like you’d find on Google or Reuters.