Wise
International transfers with the real exchange rate
96%
Trust Score
15420 reviews
Founded
2011
Headquarters
London, UK
Features
Real Rate
Always mid-market rate with no markup
Fast
Most transfers within 24 hours
Secure
FCA regulated, licensed worldwide
Mobile App
Excellent app for iOS and Android
Overview
Wise (formerly TransferWise) is one of the largest money transfer providers in the world. Founded in 2011, Wise offers the real exchange rate (mid-market rate) with no hidden markups. With over 16 million customers worldwide, Wise has transformed how people send money abroad.
+Pros
- Real exchange rate with no markup
- Transparent and low fees
- Fast transfers
- Excellent mobile app
- Multi-currency account
-Cons
- Does not support all countries
- Some corridors have higher fees
- Verification can take time
Frequently Asked Questions
Is Wise safe?
Yes, Wise is regulated by the FCA in the UK and holds licenses worldwide. Your money is held in segregated, protected accounts.
How long do transfers take?
Most transfers complete within 24 hours, but some may take 1-2 business days depending on the country and payment method.