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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 34 sources including reviews from users and the web's most trusted critics.

What the Critics Are Saying...


Transumo
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
Finbold
Finbold

We have highlighted its history, its features, how to open an account, and how to send and receive funds. We hope you are now more informed about the best option you have when sending and receiving international payments.

- Justinas Baltrusaitis, Finbold
Markets Now
Markets Now

When it comes to reasonable rates, incredible fees, and direct, straightforward process, Wise stands out among competitors as being one of the most excellent in this regard. Add this to the transaction speed and the fact that the platform offers guaranteed rates for a specified duration of time, and...

- Markets Now
MoneyTransfers.com
MoneyTransfers.com

Wise is an excellent choice for sending large transactions at minimal exchange rate costs. It remains a cheaper alternative to banks and some other money transfer companies. And it is also a secure way of transferring funds due to the extra measures it takes to ensure the safety of its client’s fund...

- Artiom, MoneyTransfers.com
WealthAwesome
WealthAwesome

With an online Wise account, you can instantly send money abroad and get paid in other currencies using mid-market currency exchange rates and transparent, flat fees. Better yet, you don’t have to worry about the exchange rate markups or high fees traditionally charged by brick and mortar banks, nor...

- Christopher Liew, CFA, WealthAwesome

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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