New! The TransferWise borderless account.

One account to send money, receive money, and spend around the world up to 8x cheaper than the banks. Bye bye bank fees, hello world.

See how we're 8x cheaper

Borderless EUR balance

Get paid from 30+ countries.

With your borderless account you get instant international bank details to receive money from over 30 countries around the world with zero fees. That means you'll get:

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

These are your personal details to get paid from the UK, the US, Australia, and any country in the Eurozone, and no-one pays any fees.

Get started

Spend at the real exchange rate.

Spend the currencies in your account anywhere in the world with the TransferWise debit Mastercard®. Get low conversion fees, and zero transaction fees.

  • Free to pay with currencies in your account
  • Free ATM withdrawals up to £200 per 30 days
  • Only pay a small conversion fee when you convert your money — typically between 0.35% and 1%
  • Automatically convert your money at the real exchange rate
  • Accepted anywhere in the world that accepts Mastercard

Get started

Hold and convert 40+ currencies.

You can hold over 40 currencies in your TransferWise borderless account and switch between them in seconds — on the move, in the moment, or when the rate is right.

You'll always get the real exchange rate and the low, transparent fees we're known for.

See which currencies

The borderless account in 90 seconds.

play-2 play-2-hover

Up to 8x cheaper than high street banks

We asked an independent research agency to compare the borderless account to 21 banks worldwide. Here's how we compare to UK current accounts for managing your money in Europe.

Compare the costs

Cost to create account
TransferWise Free
Barclays Free
Lloyds Free
NatWest Free
Send £200 to EUR
TransferWise 70p
Barclays £5.50
Lloyds £15.91
NatWest £14.45
Spend £200 on debit card in EUR
TransferWise 70p
Barclays £7.66
Lloyds £8.64
NatWest £7.66
Withdraw £200 / month cash in EUR
TransferWise £0
Barclays £9.16
Lloyds £9.64
NatWest £11.66
Receive AUD, EUR, GBP and USD into your account
TransferWise Free
Barclays EUR-only
Lloyds Not possible
NatWest Not possible

Data collected by an independent research agency. Learn more

No monthly fees, no minimum balance, just the real exchange rate.

Easy online setup.

Get your free 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.

"

I use it to pay my son’s tuition fees, my mortgage and spending abroad.

Gavin, father & business-owner

Get your borderless account

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.


Hold & manage money.

You can hold and manage money in more than 40 currencies. This lets you avoid exchange rate movements and prep for future transfers.

British Pound

Australian Dollar

United Arab Emirates Dirham

Bangladeshi Taka

Bulgarian Lev

Swiss Franc

Chilean Peso

Czech Koruna

Danish Krone

Egyptian Pound

Georgian Lari

Hong Kong Dollar

Croatian Kuna

Hungarian Forint

Euro

Canadian Dollar

Indonesian Rupiah

Israeli Shekel

Indian Rupee

Japanese Yen

Kenyan Shilling

Sri Lankan Rupee

Moroccan Dirham

Mexican Peso

Nigerian Naira

Norwegian Krone

Nepalese Rupee

New Zealand Dollar

US Dollar

Peruvian Sol

Philippine Peso

Polish Zloty

Pakistani Rupee

Romanian Leu

Russian Ruble

Swedish Krona

Singapore Dollar

Thai Baht

Turkish Lira

Ukrainian Hryvnia

Vietnamese Dong

South African Rand


Send money to 50+ countries.

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

United Arab Emirates Dirham

Australian Dollar

Bangladeshi Taka

Bulgarian Lev

Brazilian Real

Canadian Dollar

Swiss Franc

Chilean Peso

Chinese Yuan

Colombian Peso

Czech Koruna

Danish Krone

Egyptian Pound

Euro

British Pound

Georgian Lari

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

Ukrainian Hryvnia

US Dollar

Vietnamese Dong

South African Rand

TransferWise financial regulation

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.

FAQs

It's free to set up your borderless 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.

Read more about pricing

We never inflate the exchange rate. You only pay a cheap, upfront fee to convert currencies. It depends on the currencies you're converting, but here are a few examples:

  • from GBP to EUR 0.35%
  • from GBP to INR 0.55%
  • from EUR to GBP 0.5%
  • from EUR to USD 0.5%
  • from USD to GBP 0.85%
  • from USD to EUR 1%
  • from AUD to GBP 0.7%
  • from AUD to USD 0.7%

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.

See conversion fees for all 96 currencies supported by TransferWise

There's a small fixed fee of 50p / €0.60 to withdraw funds from your borderless account to another account in the same currency.

This is the lowest we can charge to cover costs, and we're committed to getting the fee down over time.

See same currency transfer fee by currency

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 borderless account.

Millions of customers trust TransferWise with their money. We move over £1 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.

Bye bye bank fees, hello world.

Get started