Wise: International Transfers

Wise: International Transfers - Android Finance

8.91.1 by Wise Payments Ltd.
(0 Reviews) January 06, 2025
Wise: International Transfers Wise: International Transfers Wise: International Transfers Wise: International Transfers Wise: International Transfers Wise: International Transfers

Latest Version

Version
8.91.1
Update
January 06, 2025
Developer
Wise Payments Ltd.
Categories
Finance
Platforms
Android
Downloads
0
License
Free
Package Name
com.transferwise.android
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More About Wise: International Transfers

Make your money work worldwide, for less. 160 countries. 40 currencies.

Wise is a financial platform designed to facilitate international money transfers, allowing users to manage their money globally without hidden fees. The service is available to over 16 million individuals and businesses and provides users with the ability to send money to more than 70 countries quickly and efficiently. Using Wise ensures that users get the real mid-market exchange rate for their transactions, similar to what can be found on platforms like Google. Notably, more than half of all transfers are completed instantly, often in less than 20 seconds, making it a reliable choice for urgent transfers. Additionally, Wise prioritizes security in its operations, employing features such as two-factor authentication, encryption, and biometric protection to secure transactions.

Wise also offers a versatile debit card that enables users to spend or withdraw cash in over 160 countries. This debit card is designed to automatically convert currencies when users lack the local currency, applying the most favorable rates available. Moreover, users have the ability to freeze or unfreeze their cards and update their digital card details, providing them with good control over their spending habits. This enhanced flexibility through the debit card makes managing expenditures during travel significantly easier and more efficient.

The platform introduces a feature that allows users to get paid like a local by providing them with local bank account details in various countries. This means users can maintain unique account numbers and IBANs for countries like the UK and Australia, facilitating easy transactions in multiple currencies at no cost. Moreover, Wise keeps users informed about their transactions with instant push notifications, ensuring they can monitor their finances in real time.

Wise supports holding and exchanging up to 40 different currencies without the burden of monthly or maintenance fees. Users can instantly convert between currencies at true exchange rates, allowing them to take advantage of favorable rates when they arise. The platform also provides an auto-conversion feature where users can set specific rates, alongside providing rate alerts to keep users informed about market changes in currency values.

Additionally, Wise presents options for users to invest their money through assets such as stocks and interest accrual, specifically available in the UK, Singapore, and several EEA countries. However, users are reminded that investments come with risks, and growth is not guaranteed. For businesses, Wise offers a tailored account that streamlines global transactions, making it easier to pay invoices and bills while also allowing businesses to receive payments from clients worldwide smoothly. This wide range of services enhances the overall user experience, making Wise a comprehensive tool for managing and utilizing international finances.

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