Wise (formerly TransferWise) is a multi-currency account and international money transfer service offering cheap, fast, and transparent ways to send and receive money globally. It provides real mid-market exchange rates, unlike traditional banks, and allows users to hold and manage balances in over 50 currencies.
Unique Features
- Uses the real mid-market exchange rate, saving money on conversions.
- Transparent fee structure displayed upfront.
- Fast transfer speeds for many corridors.
Compared to Revolut
Uses the real mid-market exchange rate, saving money on conversions. compared to Revolut
Fees for very small transfers can be proportionally higher. unlike Revolut
