Product Details

A Wise account is a multi-currency digital account that lets individuals and businesses:

✔Send money internationally with low fees and real exchange rates (mid-market rate).
✔Receive money like a local in several countries with local account details (e.g., UK sort ✔code, US routing number, Euro IBAN).
✔Hold and convert money in over 40 currencies.
✔Spend globally with a Wise debit card (in supported countries).


🏦 Features of a Wise (TransferWise) account:


Multi-currency support-Hold over 40 currencies at once.
International transfers Much cheaper than traditional banks—uses mid-market exchange rates.
Local account details -Get personal bank details in currencies like USD, GBP, EUR, AUD, etc.
Debit card -Spend abroad with low conversion fees (available in many countries).
Business accounts -Specialized tools for freelancers, businesses, and international payments.

🔒 Is Wise safe?
Yes. Wise is regulated by financial authorities in all the countries where it operates, including:

✔FCA (UK)
✔FinCEN (USA)
✔ASIC (Australia)
✔And others


📌 Use cases:

✔Paying freelancers or employees abroad
✔Receiving international payments (e.g., from clients or platforms like Upwork, Amazon, Stripe)
✔Traveling or living abroad
✔Avoiding high bank fees and bad exchange rates