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.
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.
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:
These are your personal details to get paid from the UK, the US, Australia, New Zealand, and any country in the Eurozone, and no-one pays any fees.
Spend the currencies in your account anywhere in the world with the TransferWise debit Mastercard®. Get low conversion fees, and zero transaction fees.
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.
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.
| Cost to create account | |
|---|---|
 |
Free |
 |
Free |
 |
Free |
 |
Free |
| Send £200 to EUR | |
|
70p |
|
£5.50 |
|
£15.91 |
|
£14.45 |
| Spend £200 on debit card in EUR | |
|
70p |
|
£7.66 |
|
£8.64 |
|
£7.66 |
| Withdraw £200 / month cash in EUR | |
|
£0 |
|
£9.16 |
|
£9.64 |
|
£11.66 |
| Receive AUD, EUR, GBP and USD into your account | |
|
Free |
|
EUR-only |
|
Not possible |
|
Not possible |
Data collected by an independent research agency. Learn more
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.
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.
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
You can use money in your Borderless account to send to any of the currencies on TransferWise.
United Arab Emirates Dirham
Argentine Peso
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 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 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.
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:
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.
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.
