- Company Overview
- Wise is a financial technology company founded in 2011 by Estonian entrepreneurs
- Operates globally with 14 offices and 2,200 employees
- Serves over 8 million customers with monthly transfers exceeding £4 billion
- Key Features
- Offers free account setup and competitive exchange rates
- Provides Borderless account with access to over 50 currencies
- Includes Mastercard debit card and invoice software integration
- Offers three transfer options: fast, low-cost, and advanced
- Security and Service
- FCA registered with same security level as high-street banks
- Maintains 4.6 Trustpilot rating for customer satisfaction
- Uses cutting-edge technology for secure fund management
- Provides personalised customer support through app
- Costs and Limitations
- Charges variable fees ranging from 0.35% to 0.65%
- Cannot send cash directly, requires bank account transfers
- ATM withdrawals limited to £200 in 30 days
- Offers business and personal account options for different needs