We never, ever inflate the exchange rate.
There's a small fee to convert currencies — in your account.
It's free to get a borderless account and debit card — though cards are only available to customers in Europe at the moment.
It's also free to get your bank details, hold multiple currencies and get paid from over 30 countries.
|Account pricing Card pricing (available in Europe)|
|Creating your account||Free|
|Hold 40+ currency balances||Free|
|Get an Australian account and BSB number||Free|
|Get a UK account number and sort code||Free|
|Get a European IBAN||Free|
|Get a U.S. routing and wiring 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|
PayPal inflates exchange rates when you send and receive international payments, making it hard to see what you're actually being charged. Here's an honest comparison to show how much you can save with your TransferWise borderless account. Learn more.
|Cost to create account|
|Monthly account fees|
|Receive A$1000 in NZD|
|Receive €1000 in NZD|
|Receive £1000 in NZD|
|Send NZ$1000 to AUD|
|Send NZ$1000 to EUR|
|Send NZ$1000 to GBP|
|NZD → AUD||0.39%|
|NZD → EUR||0.38%|
|NZD → GBP||0.37%|
|NZD → INR||0.49%|
|AUD → EUR||0.41%|
|AUD → GBP||0.40%|
|AUD → USD||0.41%|
|AUD → NZD||0.43%|
|GBP → NZD||0.36%|
|GBP → EUR||0.34%|
|GBP → USD||0.34%|
|EUR → NZD||0.36%|
|EUR → GBP||0.33%|
|EUR → USD||0.34%|
When you convert currencies within 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 operates as a foreign entity and is supervised by the Department of Internal Affairs (DIA).
All money in your TransferWise Borderless Account is stored and safeguarded securely in our bank accounts in New Zealand, Australia, the UK or USA depending on the country of residence in your profile.