Table of contents
Wise
Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
A startup from the United Kingdom.
A startup from the United Kingdom.
Low Fees
Wise offers competitive and transparent fees compared to traditional banks and many other money transfer services.
Real Exchange Rates
Wise uses the mid-market exchange rate, meaning users get the real exchange rate without any hidden markups.
Fast Transfers
Many transfers through Wise are processed quickly, often within a few hours or a day, depending on the destination country and payment method.
Multi-Currency Accounts
Users can hold and manage money in multiple currencies with Wise's Borderless Account, making it easier for those who deal with international payments regularly.
Transparent Pricing
Wise is upfront about their fees and the total cost of a transfer, so users know exactly how much they'll pay and how much the recipient will receive.
User-Friendly Interface
Wise offers a clean and intuitive application and web interface, making it easy for users to navigate and complete transactions.
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Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.
We have collected here some useful links to help you find out if Wise is good.
Check the traffic stats of Wise on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of Wise on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of Wise's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of Wise on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about Wise on Reddit. This can help you find out how popualr the product is and what people think about it.
I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly higher fee. But it goes straight into their account. From Wells Fargo I would have to go and get USD then exchange it to Vietnamese currency. Source: almost 3 years ago
They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: almost 3 years ago
It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: about 3 years ago
Get a Wise account. Open one in your local currency, and one in US currency. I was doing that for the first few months. Source: over 3 years ago
I’ve used Wise for bank payments from international clients before: https://wise.com/us/ that way you’re not giving them your actual bank info but the process is similar on the client’s end. Source: over 3 years ago
Also, if you want to avoid high wire transfer fees, most people use Wise. I've been using them for years with no issues, usually my money shows up the next business day. Source: over 3 years ago
They told me to fill out and email back the membership form (PDF) to them, then they'd send me an invoice. They recommended that I could pay the invoice through Wise. So I filled in and emailed back the form and created a Wise account. Source: over 3 years ago
If you are just needing a bank card that works but not tied to a Finnish bank. Wise allows you to hold multiple currencies at once with little to no fees. I set it up in the US and had my card in less than a week. Its worked on every trip I have been on including my recent trip to Helsinki. Source: over 3 years ago
To my mind one of the more reputable and affordable services is Wise. Source: almost 4 years ago
I have experience with wise. Extremely good rates and trustworthy. Source: almost 4 years ago
As far as I can see, https://wise.com/us/ is in all ways a better way to simplify cross-border flows than crypto. When working with overseas teams, it is literally how they ask to be paid. - Source: Hacker News / almost 4 years ago
It is far safer to use any means of electronic transfer you can. There are services specifically for transferring money electronically internationally. For example Wise.com (formerly TransferWise) is a good option with low fees. Source: almost 4 years ago
You can open an account on https://wise.com/us/. Source: almost 4 years ago
There are some money transfer sites such as Wise, but those also charge fees, for conversion plus for the transfer, so probably aren't any more cost effective. Source: about 4 years ago
So, Paysend worked fine for me - but others have had some trouble with it, including my partner. He shared this instructional on his instagram, he used a different service called Wise and got through successfully with that. Source: about 4 years ago
Other services such as Dwolla, Transferwise, 2CheckOut, and Payoneer offer similar services at lower costs. The terms vary, and one can check for their preference on their sites. Source: about 4 years ago
Download, Install, and register with Wise - sign up for debit card. Source: about 4 years ago
Consider using something like transferwise (https://wise.com/us/) as you’ll be paying quite a lot in fees if you transfer usd to a non usd account at Commerzbank (plus any fees you have to pay your US bank). Source: over 4 years ago
For the death record of Bertha Stahn, and the marriage record of Helene and Richard, you should be clear of any time restrictions based on the privacy laws if you want to try for civil records from the Wriezen Standesamt (Registry Office). Heck, it can't hurt to ask about August and Bertha's marriage either, just in case it fell within the town's civil jurisdiction. I would email Frau Mix; she will forward to... Source: over 4 years ago
Get a travel currency card/account, such asWise. You can get an USD account from them and transfer money to it as you would do to any other USD accounts. They have really good exchange rates so you can skip the conversation at ATM as others have suggested. Source: over 4 years ago
Https://wise.com/us/ has worked for me really well so far, but it's not a traditional bank. But you'll have a GBP account, be able to set up Direct Debit, etc... Source: almost 5 years ago
Wise, formerly known as TransferWise, has become a notable contender in the realm of international money transfers and online payments, often drawing attention in both consumer and professional reviews. Positioned against competitors such as Payoneer, Bill.com, and Zoho Invoice, Wise has carved out a significant share of the market by focusing on transparency, convenience, and cost-effectiveness.
Wise is consistently recognized for offering competitive rates and transparency in fees. It uses a peer-to-peer system, which helps to maintain low fees by matching individuals who wish to exchange different currencies. Many reviews and public discussions highlight Wise's fee structure, which is based on mid-market exchange rates, as a major advantage. This transparency has built trust among its users, distinguishing Wise from competitors like Payoneer, whose fee structures are sometimes perceived as less transparent.
Multi-Currency Accounts: Wise is lauded for its multi-currency accounts that cater to both individual and business customers. This feature allows users to hold and manage multiple currencies with ease, making it particularly attractive to expatriates and frequent international travelers.
Speed and Convenience: Users frequently commend Wise for the speed and reliability of its transactions. Transfers are noted for their quick processing times, often completed within a day or two, and the process is deemed straightforward and user-friendly.
Expense Cards: The Wise debit Mastercard, linked to the multi-currency accounts, offers further flexibility with its global usability. This card facilitates seamless transactions across borders, making it an excellent tool for both travel and day-to-day international purchases.
In reviews where Wise is compared alongside alternatives like Payoneer, it is often recommended for users seeking cost-effective solutions for international transactions. Payoneer, however, is noted for superior features in receiving payments, particularly with virtual cards. Wise's focus on providing robust exchange rates and transparent fee structures contrasts with Payoneer’s broader payment solutions, which may be more suited for businesses with diverse transactional needs.
Wise also holds its ground against newer services such as Airwallex, which, despite ambitious growth plans, might not yet match Wise in sustainability and consumer trust.
Online forums and discussions demonstrate a generally positive user experience with Wise. Users express satisfaction with the service across a range of scenarios, from sending money for personal purposes to handling business transactions. Some reports mention slightly higher fees compared to traditional banks, yet these are often offset by the service's directness and the avoidance of intermediary bank fees.
In conclusion, Wise is widely respected for its transparency, user-friendly interface, and competitive rates in international money transfers. While not a traditional bank, it offers a viable alternative for individuals and businesses seeking efficient cross-border financial solutions. However, savvy consumers might still compare its offerings against competitors to ensure the best fit for their specific financial needs.
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Is Wise good? This is an informative page that will help you find out. Moreover, you can review and discuss Wise here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.
How does Wise compare to traditional banks for business accounts? Thinking about switching from Chase for our startup's international payments.
We are using wise for some of our transfers and we are very happy with it. It saves us money and time.
Reliable service.
The first thing that came to mind when I started my company was WISE! Transparent fees, fast money transfers! I'm always with you!
I've been using wise for a while its a great one place solution for all money exchange related problems n more.