What are the Benefits of the Wise Account?

The great thing about a Wise Business account is that you can use it just like a bank account in many cases; such as making payments to other business accounts and receiving payments from clients using the unique account details attached to your multi-currency accounts.

The main benefit of using a Wise Business account over traditional overseas bank accounts is that you won’t be charged international transaction fees for receiving that currency, or inflated exchange rates when you need to convert the money. It’s also super convenient for those needing access to international business account details as a non-resident of that country. You can open an account online in minutes. They also offer a debit Mastercard for business customers resident in the UK, US, Europe, Australia, Singapore, New Zealand and Japan so you can spend money at the mid-market exchange rate and enjoy low conversion fees all over the world.