We never, ever inflate the exchange rate.
With the borderless account you only pay a small fee to convert currencies in your account.
It's free to get a borderless account. It's also free to get your bank details, hold multiple currencies and get paid from over 30 countries.
|Creating your account||Free|
|Hold 40+ currency balances||Free|
|Get a UK account number and sort code||Free|
|Get a U.S. routing and wiring number||Free|
|Get a European IBAN||Free|
|Get an Australian account and BSB number||Free|
|Get a New Zealand account number||Free|
|Fixed fee to send money (varies by currency)||
|Receive money in EUR, USD, GBP, AUD & NZD||Free|
|Add money to your account|
We asked an independent research agency to compare the borderless account to 21 banks worldwide. Here's how we compare to Irish current accounts for managing your money in Europe.
|Send €250 to GBP|
|Spend €250 on debit card in GBP|
|Withdraw €250 / month cash in GBP|
Data collected by an independent research agency.
|AUD → EUR||0.41%|
|AUD → GBP||0.40%|
|AUD → USD||0.41%|
|CHF → EUR||0.33%|
|EUR → GBP||0.33%|
|EUR → INR||0.45%|
|EUR → USD||0.34%|
|EUR → AUD||0.35%|
|GBP → AUD||0.35%|
|GBP → EUR||0.34%|
|GBP → INR||0.45%|
|GBP → USD||0.34%|
|USD → EUR||0.38%|
|USD → INR||0.49%|
When you convert currencies in your account you'll always get the real, mid-market exchange rate. Like the one you see on Google.
The conversion fee depends on the currencies you're converting, but typically, it'll be between 0.35% and 2%. Fees for our most popular currency pairs are in this table. You'll find a full list of currencies in our Support Centre.
For more currency routes visit our help center
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.
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.