About Wise
Wise is a global financial technology company specializing in international money transfers and multi-currency accounts. Founded in 2011 (formerly TransferWise), Wise enables individuals and businesses to send, receive, and hold money in multiple currencies using the real mid-market exchange rate with transparent, low fees. In Canada, Wise operates as a registered Money Service Business and offers international transfers, a multi-currency account, and a debit card linked to supported balances.
Key Features
- International money transfers using the real mid-market exchange rate
- Low, transparent fees shown upfront before every transfer
- Multi-currency account to hold and manage balances in multiple currencies
- Wise debit card for spending abroad and online with supported currencies
- No monthly account fees or minimum balance requirements
- Faster international transfers compared to traditional banks for many corridors
- Registered with FINTRAC as a Money Service Business in Canada
- Regulated globally, including by the FCA (UK) and other international regulators
- Trusted by millions of customers worldwide for cross-border payments