Wise Business
Terms Pending Verificationmulti currency account · Founded 2011
Account Overview
Wise Business (formerly TransferWise) is renowned for providing real mid-market exchange rates with an upfront, low transparent fee, offering multi-currency holding accounts in 40+ currencies and local bank details in 9 key currencies.
Ideal For
- Businesses making frequent international supplier transfers who want zero FX markup
- SMBs receiving payments in EUR, GBP, AUD, USD, CAD, SGD with zero monthly fee
- Accounting integration with Xero, QuickBooks, and FreeAgent
Not Suitable For
- •Companies needing complex merchant acquiring or payment gateway checkout
- •High volume credit line borrowing or yield on pooled funds in certain US states
- •Organizations requiring unlimited free employee cards (Wise charges per additional card)
Verified Pricing Schedule
Monthly Maintenance$0
Account Setup Fee$31
Major FX Markup~0.41%
Inbound ACHFree
$0 monthly maintenance fee.
Regulatory Oversight & Safeguarding
Funds are safeguarded with reputable credit institutions and high-quality liquid assets according to FCA and US regulatory requirements. Not FDIC insured directly unless opted into specific pass-through programs.
FinCEN (US)UK Financial Conduct Authority (FCA)National Bank of Belgium (NBB)