Money for here, there and everywhere.

Wise is not a traditional bank — it operates as an authorised electronic money institution. Your money is safeguarded (held separately in established financial institutions) rather than covered by deposit-guarantee schemes such as the UK's FSCS or the EU's €100,000 protection. For everyday holding, spending, and transfers this works much like a bank account, but it's worth understanding the distinction before keeping large balances.

Wise charges a small, upfront fee on each transfer plus the real mid-market exchange rate, with no hidden margin baked into the rate. The fee varies by currency pair, amount, and how you pay, but it's typically a fraction of a percent — usually far less than the 3–5% FX margin traditional banks add. Every quote shows the fee and the amount your recipient will receive before you confirm.

Yes. Wise Business adds batch payments, accounting-software integrations (Xero, QuickBooks), multi-user access with permissions, and local account details in multiple currencies so you can get paid like a local in major markets. It's popular with freelancers, remote teams, and small businesses that handle frequent cross-border payments.

Wise is currently available to residents of the following countries:

Albania, Algeria, Andorra, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Cape Verde, Chile, China, Colombia, Comoros, Costa Rica, Côte d'Ivoire, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands, New Zealand, Niger, Nigeria, North Macedonia, Norway, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, São Tomé and Príncipe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vanuatu, Vatican City, Vietnam, Zambia, Zimbabwe.

Wise offers both personal and business accounts.

On the Google Play Store, Wise holds a rating of 4.8 out of 5 from 1,941,027 reviews.

On the App Store, Wise holds a rating of 4.6 out of 5 from 106,811 reviews.

On Trustpilot, Wise holds a rating of 4.3 out of 5 from 295,477 reviews.

Wise was launched in 2011.

You can sign up for Wise directly on their website or mobile app. Opening an account usually takes only a few minutes — you'll need a valid ID and a few personal details to get verified.