A multi-currency account 10x cheaper than the banks.

Spend in any currency, receive money for free and send money around the world with your own foreign currency account — on average 10x cheaper than leading Australian banks.

Compare our fees

Compare TransferWise to Australian banks.

An independent researcher compared TransferWise to the banks in Australia. They found that we're up to 10x cheaper for sending, spending and withdrawing money abroad. That's what's up.

Compare the costs

Monthly account fees
TransferWise Free
ANZ $5
Commbank $4
ING $0
Citibank $0
Send $250 to USD
TransferWise $3.05
ANZ $18.13
Commbank $18.70
ING N/A
Citibank $26.88
Spend $250 on debit card in USD
TransferWise $1.18
ANZ $7.50
Commbank $7.50
ING $6.25
Citibank $6.25
Withdraw $250 cash / month in USD
TransferWise $0
ANZ $12.50
Commbank $12.50
ING $2.50
Citibank $6.25

What is the TransferWise foreign currency account?

Send money around the world, and avoid the unfair exchange rates set by banks. With TransferWise, you’ll always get a great deal.

Get paid with your own bank details. Anyone can use them to pay you like a local. You can hold more than 50 currencies at once, and convert between them in seconds.

And with your own debit Mastercard®, you can spend in the local currency — wherever you are. It's accepted anywhere that takes Mastercard.

Join millions who get a great exchange rate, and the low fees we’re known for.

Open multi-currency account

Your easy alternative to a bank account abroad.

Send money for less
Save up to 10x compared to the banks when you send money abroad.
Convert 40+ currencies
Hold and switch between multiple currencies in seconds with low, transparent fees.
Find currencies >
Open an account in seconds
Sign up and get verified online — without a local address or visiting a branch.
Sign up now >
Get paid like a local
Receive money for free with your own US, UK, EU, Australia, and New Zealand bank details.

Get your free Platinum debit Mastercard®.

Zero foreign transaction fees
Plus no annual fees and low currency conversion fees.
Free ATM withdrawals worldwide
Free cash withdrawals up to $350 every 30 days.
Auto-convert any currency
Spend in any currency and our smart tech will auto-convert it with the lowest possible fee.
Easy-to-use app
Add and convert money, get instant notifications, and freeze or unfreeze your card anytime.

See how TransferWise helps travellers and expats save money.

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The perfect account for your international lifestyle.

Manage your international money at the real exchange rate, right from your phone. And you’ll get international bank details to receive multiple currencies for free:

  • Australian account number and BSB code
  • British account number and sort code
  • European IBAN
  • New Zealand account number
  • US account number and routing number
  • Polish account number

More countries coming soon.

Get your free account →

It's free to open your multi-currency account.

Get your foreign currency account and debit card now for free.

And with your bank details for holding multiple currencies at once, it’s easy to get paid from all over the world. You'll never pay any fees for receiving money.

Try our pricing calculator

Account pricing
Create your account Free
TransferWise Platinum debit Mastercard® Free
Hold 40+ currency balances Free
Receive money in EUR, USD, GBP, PLN, AUD & NZD Free
Convert currencies

0.35%-2.22%

ATM withdrawals up to A$350 / month Free

The TransferWise Platinum debit Mastercard® is issued by TransferWise Australia Pty Ltd. pursuant to license by Mastercard Asia/Pacific Pte. Ltd. For full conditions of use refer to transferwise.com/legalstuff. Mastercard is a registered trademark, and the circles design on the card is a trademark of Mastercard International Incorporated.

Coverage.

Get local bank details.

These currencies come with your very own bank details. Anyone can use these to pay you just like they'd pay a local.

British Pound

Get your own Account Number and Sort Code.

Euro

Get your own SWIFT/BIC and IBAN details.

US Dollar

Get your own Routing (ABA) and Account Number.

Australian Dollar

Get your own BSB Code and Account Number.

New Zealand Dollar

Get your own Account Number.

Polish Zloty

Get your own Account Number.


Hold & manage money.

You can hold and manage money in more than 50 currencies. This lets you avoid exchange rate movements and prep for future transfers.

British Pound

Australian Dollar

United Arab Emirates Dirham

Argentine Peso

Bangladeshi Taka

Bulgarian Lev

Botswana Pula

Swiss Franc

Chilean Peso

Chinese Yuan

Costa Rican Colón

Czech Koruna

Danish Krone

Egyptian Pound

Georgian Lari

Ghanaian Cedi

Hong Kong Dollar

Croatian Kuna

Euro

Canadian Dollar

Hungarian Forint

Indonesian Rupiah

Israeli Shekel

Indian Rupee

Japanese Yen

Kenyan Shilling

South Korean Won

Sri Lankan Rupee

Moroccan Dirham

Mexican Peso

Malaysian Ringgit

Nigerian Naira

Norwegian Krone

Nepalese Rupee

Peruvian Sol

Philippine Peso

New Zealand Dollar

US Dollar

Polish Zloty

Pakistani Rupee

Romanian Leu

Russian Ruble

Swedish Krona

Singapore Dollar

Thai Baht

Turkish Lira

Tanzanian Shilling

Ukrainian Hryvnia

Ugandan Shilling

Uruguayan Peso

Vietnamese Dong

West African CFA Franc

South African Rand

Zambian kwacha


Send money to 50+ countries.

You can use money in your multi-currency account to send to any of the currencies on TransferWise.

United Arab Emirates Dirham

Argentine Peso

Australian Dollar

Bangladeshi Taka

Bulgarian Lev

Brazilian Real

Botswana Pula

Canadian Dollar

Swiss Franc

Chilean Peso

Chinese Yuan

Costa Rican Colón

Czech Koruna

Danish Krone

Egyptian Pound

Euro

British Pound

Georgian Lari

Ghanaian Cedi

Hong Kong Dollar

Croatian Kuna

Hungarian Forint

Indonesian Rupiah

Israeli Shekel

Indian Rupee

Japanese Yen

Kenyan Shilling

South Korean Won

Sri Lankan Rupee

Moroccan Dirham

Mexican Peso

Malaysian Ringgit

Norwegian Krone

Nigerian Naira

Nepalese Rupee

New Zealand Dollar

Peruvian Sol

Philippine Peso

Pakistani Rupee

Polish Zloty

Romanian Leu

Russian Ruble

Swedish Krona

Singapore Dollar

Thai Baht

Turkish Lira

Tanzanian Shilling

Ukrainian Hryvnia

Ugandan Shilling

Uruguayan Peso

US Dollar

Vietnamese Dong

West African CFA Franc

South African Rand

Zambian kwacha

FAQs

If you already have a TransferWise account, just log in to order your card online or in the app. If you don’t have an account, it’s free and easy to get started. We'll ask you for some basic information to verify your account. Once you are verified, complete your card order and we will update you as soon as your card is on its way.

Learn more

You can spend on your TransferWise Platinum debit Mastercard® in 150+ currencies around the world. Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted.

You can hold and manage money in your TransferWise account in 40+ currencies for free. And convert between them whenever you want. You can use the money in your account to spend and send in multiple currencies. See a list of currencies we support here.

Apple Pay, Google Pay and Samsung Pay coming soon.

It's free to set up your account.

It's free to get your international bank details, free to receive money using those bank details, and free to spend on your card abroad.

There's a cheap, transparent fee to convert between currencies. You'll always see this upfront, so there's no nasty surprises.

Click here to learn more about pricing

If you have a currency in your account, it's free to spend on your card in that currency.

You can convert between currencies in your account in seconds. You’ll always get the mid-market rate, like you see on Google. If you spend in a currency you don’t hold a balance in, our smart tech automatically converts your money at the best price. So you never have to worry.

We do charge a small, upfront fee to convert money between currencies in your account. It depends on the currencies you're converting, but here are a few examples:

  • from AUD to GBP 0.47%
  • from AUD to USD 0.47%
  • from EUR to USD 0.41%
  • from USD to GBP 0.45%
  • from USD to EUR 0.45%

You'll always see these fees upfront, so there are no nasty surprises. And you're guaranteed the mid-market exchange rate — like the one you see on Google.

Click here to learn more about pricing

TransferWise Ltd is a designated remittance provider registered with the Australian Transaction Reports and Analysis Centre ("AUSTRAC") IND100428576-001. We’re regulated by the Australian Securities and Investments Commission (ASIC), Australia Financial Services Licence (AFSL) number 456295.

All money in your TransferWise Borderless Account is stored and safeguarded securely in our bank accounts in Australia, the UK or USA depending on the country of residence in your profile.

Over 5 million customers have trusted us to move their money around the world. We move more than $5 billion every month at TransferWise - and we take the safety and security of your money seriously.

Once you have signed up for the debit card in your TransferWise account, the card will be sent to your registered address within 3-7 business days.

Sorry, we don't ship overseas right now. Currently, we only ship to address provided by you at the time of card sign-up. If you'd like to update your card mailing address, please get in touch with our support team.

Once you've got your card, you'll need to activate it before you can use it. To activate your card:

  1. Go to your TransferWise account. If you're on the website, go to Debit card. If you're on the app, go to Account, then click the card icon at the top of the screen.

  2. Enter the 6-digit code that's on the card below your name.

  3. Now your card is activated, you'll be able to make payments.

To activate contactless, buy something with chip or PIN and select "credit" on the terminal.

To keep your money safe, you’ll need a four-digit PIN to withdraw cash at ATMs and to make chip and PIN payments using your TransferWise card.

When you activate your TransferWise card, we’ll share your PIN with you. If you forget it, you can always check it in the TransferWise app. We do not support PIN change at the moment - don't worry, your PIN is safe and only you have access to it.

When withdrawing cash from an ATM, please always select the "credit" option on the ATM screen. The money will be withdrawn from your TransferWise account. You can use the TransferWise card at all ATMs with Mastercard®, Maestro or Cirrus logo.

Bye bye bank fees, hello world.

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