Wise

Wise (formerly TransferWise) is finance company from the UK, offering both a service to send & receive money abroad and an online bank account.

The bank account comes with:

• support in 13 languages
• no requirement of a registered address
• no monthly fee for the standard account.
• multiple account numbers for various countries, to send & receive money in different currencies

Frequently Asked Questions (FAQ)

Which documents do I need to open an account?

Wise accepts citizens from all countries. A new customer must provide either a passport, national ID card or driver's license.

How is my money protected?

Wise "keeps your money in accounts separate from the ones they use to run their business." They "deposit your funds at banking institutions and invest them in government backed liquid assets, primarily government bonds." (more info)

How much does Wise cost?

• Opening and keeping the account is free.
• Paying with the Mastercard debit card is free.

Open a Wise account

wikipedia:Wise (company) Wikipedia:Village pump