Wise Business

Wise Business is designed for companies that need to send and receive money in multiple currencies, such as exporters, importers, freelancers, and SaaS providers. It works for businesses of any size that want a low‑cost account without hidden exchange‑rate markups. For specific eligibility details, review the criteria on Wise’s official website.

Wise Business uses a pay‑per‑transfer pricing model, meaning you are charged a fee for every transaction you make. The fee includes a transparent exchange‑rate margin and a small fixed charge that varies by currency. Exact amounts are shown before you confirm a transfer on the Wise platform; see the pricing page for the latest rates.

Wise Business lets you hold and convert money in dozens of currencies, allowing you to receive payments and pay invoices without needing multiple local bank accounts. The full list of supported currencies is available on Wise’s website, and you can add new currency balances as your business expands into new markets.

Wise Business does not charge a monthly subscription fee and does not require a minimum balance to keep the account open. You only pay the per‑transfer fees when you move money. Any additional services, such as premium cards, may have separate costs, which are detailed on the official Wise pricing page.

Wise Business does not offer credit facilities, overdrafts, or physical branch services, which some traditional banks provide. It also may have lower limits on certain high‑value transfers and does not support cash deposits. For businesses needing those features, you should compare Wise’s capabilities with your bank’s offerings on their respective websites.