Multi-currency account provider
Wise
Multi-currency payment account
A multi-currency payment account for holding, receiving and sending money. The Wise Account is not a bank account. Listed for comparison.
At a glance
- Provider type
- Global multi-currency payment account / EMI
- Legal status
- Payment institution / EMI
- Availability
- Broad international coverage
- Account model
- Payment account
- Currency coverage
- Hold 40+ currencies. Local account details are available in multiple currencies, depending on location.
- Local details
- Available in selected currencies, depending on location.
- FX model
- Pricing and conversion fees are publicly disclosed. Check the rate and any fee for the currencies and amount involved.
- Minimum / eligibility
- No general high-balance requirement.
- Protection / safeguarding
- EMI / payments provider. This is not a bank account. The entity and the safeguarding regime depend on location.
Is this a bank account?
Multi-currency services can look similar in an app while operating under different legal structures.
This is not a traditional bank account.
Legal status: Payment institution / EMI.
Wise Account. This is not a bank account.
The reviewed material says the entity depends on location. Confirm which legal entity would hold the account.
Who might use this account?
May be relevant to: Internationally mobile users, salary and pension receiving, and cross-border spending. That describes the published focus. It is not a view on whether this account is appropriate for you.
Where it is available
Residence can affect onboarding, the legal entity, the currencies you can use and whether a card is issued.
Broad international coverage. Product availability varies by registered address.
Availability: Broad international coverage. Confirm current eligibility with the provider.
Which currencies can you hold?
A currency you can transfer is not always a currency you can keep as a balance.
40+ currencies.
Hold 40+ currencies. Local account details are available in multiple currencies, depending on location.
Which currencies can you receive?
Receiving capability may depend on whether the provider gives you local or international account details.
Local and SWIFT receiving, depending on the currency and location.
Do you get local account details?
Available in selected currencies, depending on location.
Sending money internationally
Send globally.
Send globally, with card spending. Local and SWIFT receiving depend on the currency and location.
A transfer can involve your provider, a bank in the middle, and the recipient’s bank. A live price for those charges is not shown here.
How currency conversion is priced
The cost of a conversion can include the quoted rate, a provider fee, a spread, a plan allowance, a weekend or out-of-hours adjustment, and a correspondent-bank charge.
Pricing and conversion fees are publicly disclosed. Check the rate and any fee for the currencies and amount involved.
Spending from your currency balances
A multi-currency card may use an existing balance, or convert when the spending currency is not held. Confirm which of those applies.
Card spending is described. Which balance is used is not separately stated.
Card spending is described.
Receiving salary and regular income
Salary and pension receiving are part of the published use case. Confirm the payer can use the details you are given.
What does the account cost?
The total cost can include a monthly account fee, a plan fee, a conversion, a transfer, an incoming payment, a card, an ATM charge, a minimum-balance charge and a correspondent-bank charge.
Pricing and conversion fees are publicly disclosed. Check the current tariff.
No general high-balance requirement.
Check the provider’s current tariff before opening an account.
How is customer money protected?
Bank deposit protection and payment or e-money safeguarding are different legal frameworks.
EMI / payments provider. This is not a bank account. The entity and the safeguarding regime depend on location.
Protection depends on the legal entity serving you and the jurisdiction in which the account is provided.
Will it still work if you move?
The account may continue, the legal entity may change, some currencies or features may stop, the card may be restricted, or a new account may be required.
Product availability varies by registered address. Confirm what changes if you move.
Questions to ask
Can residents of my country open this account?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Is this a bank account or a payment account?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Which legal entity serves me?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Which currencies can I hold?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Which currencies can I receive?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Do I receive local account details?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Can salary be paid into the account?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Can pensions be paid into it?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Can I send local payments?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Can I send SWIFT transfers?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
How is FX priced?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Are there monthly fees?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Are there minimum balance requirements?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
What card is provided?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
How does overseas card spending work?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
What ATM charges apply?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Which deposit protection or safeguarding regime applies?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Can I keep the account if I move?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Do features change after relocation?
Confirm the current answer with Wise. It depends on the legal entity, your residence and the product.
Sources and review
- Wise Account
- Currencies you can hold, keep and receive
- Publisher programme page. WiT Access has not joined this programme.
Information is based on publicly available provider information reviewed by WiT Access. Currency availability, fees, account eligibility and features can change. Reviewed 6 October 2026.
Request an introduction
This form asks WiT Access to pass an enquiry about Wise. It does not mean a formal introducer agreement is in place, and it is not a paid referral. It does not mean the provider can open an account where you live.