Spend in any currency, receive money for free and send money around the world with your own foreign currency account — on average 8x cheaper than leading UK banks.
To see what you could save, here's the cost of spending £250 in Euros with TransferWise vs. UK high street banks. See how we got this data.
Send £250 to EUR | |
---|---|
£1.54 | |
£7.89 | |
£18.73 | |
£23.55 | |
Spend £250 on debit card in EUR | |
83p | |
£15.66 | |
£17.43 | |
£16.91 | |
Withdraw £250 / month cash in EUR | |
£1.76 | |
£17.14 | |
£18.40 | |
£20.64 | |
Receive AUD, NZD, EUR, GBP, PLN and USD into your account | |
Free | |
N/A | |
N/A | |
N/A |
Data collected by an independent research agency.
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.
Get your free foreign currency account quickly and easily online.
Just complete your profile and upload your ID documents to verify your account for security. Then start sending and receiving money around the world.
These currencies come with your very own bank details. Anyone can use these to pay you just like they'd pay a local.
Get your own Account Number and Sort Code.
Get your own SWIFT/BIC and IBAN details.
Get your own Routing (ABA) and Account Number.
Get your own BSB Code and Account Number.
Get your own Account Number.
Get your own Account Number.
Get your own SWIFT/BIC and IBAN details.
Get your own Account Number.
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
Argentine Peso
Botswana Pula
Chinese Yuan
Ghanaian Cedi
South Korean Won
Malaysian Ringgit
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
TransferWise is an authorised Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA) in the UK.
The TransferWise debit Mastercard® is issued by TransferWise Ltd under license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design on the card is a trademark of Mastercard International Incorporated.
It's free to set up your TransferWise account.
It's free to get your international bank details and free to receive money using those bank details.
There's a cheap, transparent fee to convert between currencies - either in your account or if you spend on your TransferWise debit Mastercard® in a currency you don't have in your account.
When you convert money in your account it's always with the real exchange rate, and you always see our low, transparent fee up front so there's never any surprises. And if you spend on your debit Mastercard in a currency you don't have, it autoconverts the balance with the lowest fee, so you never have to worry.
We charge a fee to convert money between currencies in your account. It varies from currency to currency. We recently changed the way we work out those fees. The easiest way to understand your conversion fees is to visit our price checker.
You'll always see these fees upfront in your account, so there are no nasty surprises. And you're guaranteed the mid-market exchange rate — like the one you see on Google.
There's a small fixed fee to withdraw funds from your TransferWise account to another account in the same currency. The fee we charge to send money depends on the currency you're sending from.
This is the lowest we can charge to cover costs, and we're committed to getting the fee down over time.
TransferWise is an authorised Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA) in the UK.
This means we're required by law to keep your money safe by storing it in a low-risk financial institution - in Europe this is in our UK account with Barclays, in the US this is in our US account with Wells Fargo.
These accounts are reserved for customer money, this means your money is kept in a separate account from the money we use to run the business.
In the unlikely event TransferWise ceased to exist, your money would be paid back from this account, ie from Barclays or Wells Fargo, however it is not covered by the Financial Services Compensation Scheme (FSCS) and therefore is deposited at your own risk. You also cannot earn interest on the money in your TransferWise account.
Millions of customers trust TransferWise with their money. We move over £4.5 billion every month, and we take the safety and security of your money seriously.
The TransferWise debit Mastercard is issued by TransferWise Ltd under license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design on the card is a trademark of Mastercard International Incorporated. TransferWise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money.