If you sign up via our referral, you'll be able to create international bank accounts, use them for money transfers, travelling, shopping overseas etc. and get a fee-free transfer of up to AUD$1,000.
Worldwide. Wise says you can send money to 80 countries and hold and convert money in 54 currencies.
Wise review big data
- Overall 4.6 star average rating from 131,516 reviews published at Trustpilot
Wise is a London-based financial technology company founded by Estonian businessmen Kristo Käärmann and Taavet Hinrikus in January 2011. It has 2,200 employees across 14 offices, serving 9 million customers worldwide.
It was a 2020 5-star rated international money transfer provider according to Canstar, whose star ratings provide “a shortlist of providers, enabling consumers to narrow their search to products that have been assessed, ranked and found to offer outstanding value”.
Our Wise review findings
We investigated Wise to send money more cheaply and easily than old-school banks, which can have substantial, sometimes indeterminate fees (depending on intermediaries that become involved without the transferrers’ knowledge), and sub-par exchange rates.
Wise empowers its customers to send money or spend abroad at highly competitive exchange rates without hidden fees, and to receive payments like a local in 10 currencies.
It allows you to get your own UK account number, Euro IBAN, or US routing number, for example.
So far, we prefer Wise over banks for transferring money internationally. Our experience with it has been very positive.
Setting up an international account on Wise is a great way to access special cashback offers on international money transfers – as we discuss here – if you don’t already have access to an international account.
Sign up via our referral to create international bank accounts, use them for money transfers, travelling, shopping overseas etc. and get a fee-free transfer of up to AUD$1,000.
Did you try them out? We'd love to hear your experience if you'd like to send us a message!
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