Wise

Wise is an international money transfer and multi-currency account service that enables individuals and businesses to send, receive, and hold money across borders at mid-market exchange rates with transparent, upfront fees. The multi-currency account supports holding and converting over fifty currencies with local bank details for major currencies, enabling users to receive payments as if they had local bank accounts in multiple countries. The Wise debit card automatically converts balances at the best available rates when spending abroad, eliminating foreign transaction fees and ATM surcharges in supported currencies. The business account provides batch payment tools, invoicing, and accounting software integrations for companies managing international payables and receivables. The transfer fee structure is transparently displayed before confirmation, showing the exact amount the recipient will receive. The interest feature enables earning returns on held balances in select currencies. The API enables developers to automate international payouts and collection workflows. Designed for expatriates, freelancers, digital nomads, and businesses needing cost-effective international money transfers and multi-currency financial management.