What they offer
- Hold and convert 40+ currencies
- Local account details in several currencies
- Debit card for spending abroad
Wise logoMulti-currency account (e-money)Wise
A multi-currency account and card known for transfers at the mid-market exchange rate with a visible fee.
Arthur's summary · Wise
Money & banking in three points
- Exchange rates and fees. How close the exchange rate is to the mid-market rate, and which fees apply to transfers and card use.
- Licence and deposit protection. Whether the provider holds a full banking licence with deposit guarantee, or is an e-money institution that safeguards funds.
- Opening from abroad. Whether you can open the account remotely, and which proof of address and residence is accepted.
Headquarters
London, United Kingdom
Founded
2011
Regulation
Regulated as an e-money institution in the markets it serves; [licence details by country]
Website
wise.com
Best for
- Frequent currency conversion
- Receiving income in several currencies
Worth knowing
- Fees and limits differ by country of residence — confirm them for yours before signing
- Ask Arthur to compare this provider with the others for your situation
Stärken / Strengths
Strong for:Frequent currency conversion
| Exchange rates and fees | [Not yet assessed / Noch nicht geprüft] |
|---|---|
| Licence and deposit protection | [Not yet assessed / Noch nicht geprüft] |
| Opening from abroad | [Not yet assessed / Noch nicht geprüft] |
| Cards and cash | [Not yet assessed / Noch nicht geprüft] |
| Transfers and local rails | [Not yet assessed / Noch nicht geprüft] |
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Talk to a specialist
Arthur answers immediately and, for members, prepares the next steps with the right specialist.
- Which account type fits your situation
- What opening from abroad requires
- How fees compare for your transfer volume