Best Way to Receive and Send Money Internationally

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News Desk : Choosing the right way to transfer money with Wise will largely depend on your payment method. Some payment methods are faster than others. Some can be instant, while others are cheaper.

Here are the best ways to do an international money transfer with Wise:

 

  • Bank Transfer

    Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

    How to pay by bank transfer

    First, you’ll need to set up your transfer on Wise. Then, you’ll need to exit your Wise account, and pay by bank transfer directly through your bank. You can do this either:

    • online, through your online banking
    • over the phone, with your telephone banking
    • or in person, at a bank branch.

     

  • Debit Card

    Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process.

    How to pay by card

    We’ll show you the available payment methods when you’re paying for your transfer. For most currencies, you can pay using your debit or credit card.

    We only accept Visa, Mastercard, and some Maestro cards. And your card has to have a 16-digit card number, an expiry date and 3D security enabled.

    We currently can’t accept payments from:

    • all cards issued in Argentina and China
    • business cards issued in Russia or Ukraine
    • prepaid cards from the UAE, or international payments from an AED currency card.

     

  • Credit Card

    Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards.

    How to pay by card

    We’ll show you the available payment methods when you’re paying for your transfer. For most currencies, you can pay using your debit or credit card.

    We only accept Visa, Mastercard, and some Maestro cards. And your card has to have a 16-digit card number, an expiry date and 3D security enabled.

    We currently can’t accept payments from:

    • all cards issued in Argentina and China
    • business cards issued in Russia or Ukraine
    • prepaid cards from the UAE, or international payments from an AED currency card.

     

  • PISP

    PISP (Payment Initiation Service Provider) payments are instructions you give Wise to make a bank transfer directly from your bank account — without having to leave our app and log in to your online banking. This option is as cheap as a manual bank transfer, but it isn’t supported by all banks yet.

 

  • Swift

    Using SWIFT to fund your transfer usually means that your transfer will take longer and be more expensive, as your bank will charge a fee. You should also bear in mind that other correspondent banks in between may also deduct their handling fees. Your bank should be able to advise on those fees.

 

  • Wise support more than 50 currencies globally.
  • Create an account with Wise click here