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8.9/10
Informr score
Wise (formerly Transferwise) currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 23 sources including reviews from users and the web's most trusted critics.

What the Critics Are Saying...


Transumo

Seeing the fees you pay on Wise for overseas transfers, upfront without signing up is a good sign of what Wise is all about. For small transfers, Wise is our top choice (and has been for two years running) but nothing speaks louder than the fact that we use them ourselves personally for personal tra...

- Transumo
Comparism

Wise is a simple way to transfer money across borders for personal or business needs and is very transparent about their fees and earning model, have fantastic web/mobile apps and provide one of the quickest solutions to send money to India (and anywhere!).

- Aman, Comparism
DollarBreak

Wise offers a legitimate banking account alternative and a cheaper way to send money transfers. The platform offers accounts with $0 account maintenance fee and low transfer rates that make this an attractive option.

- Lorraine, DollarBreak
Exiap

The Wise USA service is built for speed, simplicity, and transparency. It’s extremely easy to create an account and send money — recipients can expect to get their funds quickly after you make payment, and they offer best-in-class exchange rates. Communications from Wise are top-notch too, and they...

- Justin Rampono, Exiap
Finty

Wise places a high value on transparency and is a reliable option if you want to understand exactly how much your transfer will cost before you send it. Its transfer fees are certainly much lower than those charged by traditional banks, and the mid-market exchange rate used will usually be much bett...

- Yvonne Taylor, Finty

Details


Information
Headquarters London, United Kingdom
# of Supported Recipient Countries 61
# of Supported Sender Currencies 25
Supported sender currency EUR, GBP, INR, USD, AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, HKD, HRK, HUF, IDR, JPY, MYR, NOK, NZD, PLN, RON, SEK, SGD, TRY
Minimum Transfer Amount No
Daily Transfer Limit Depends on the currency
Minimum Fee Depends on the currency
Time to Open an Account Few minutes
Documents Required Identification, Proof of address, Proof of funds
Transfer Time (Minimum) 1 day
Wire Type ACH Transfer, Wire Transfer
Exchange Rate Type Locked-in
Payment Option Credit Card, Bank Transfer
Mobile App Android, iOS
SMS Notifications Yes
Email Updates Yes
Customer Support
Telephone Support

1-888-870-2221
Mon - Fri 10:00 - 17:00 EDT

Email Support Yes
Live Chat Support No

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