Open a free international business account in minutes.
A free business account to send and receive multiple currencies with the real exchange rate. Do business without borders.
19x cheaper than PayPal →
Pay invoices and people abroad
Receive money with no fees
Automate work with our API
Integrate seamlessly with Xero
TransferWise works for everyone.
Freelancers, entrepreneurs, or sole traders
Get an alternative to a business overseas bank account. Invoice like a local, and avoid fees on platforms like Stripe or Upwork.
Small- to medium-sized businesses
Open a self-service business account online to send, spend, and receive multiple currencies, and make batch payments.
Large or enterprise level businesses
If your international payment volume is $200K+ a month, contact us about our API. Let's find a solution to help you scale.
International payments, 19x cheaper.
Pay invoices, buy inventory, and handle payroll with the real exchange rate in over 40 currencies — for way cheaper than PayPal.
Send money directly from your own debit card or bank, or make payments from your business account balance. Your recipient doesn't need a TransferWise account to receive their money.
Receive money with zero fees.
Get your own UK, Eurozone, Australian, New Zealand, and US bank details for free in minutes — without a local address. Use them to get paid or withdraw money from platforms like Amazon for free.
Hold that money in your account for future payments or move it to your bank.
Business account that is 19x cheaper than PayPal.
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 business account. Check out the research
Compare the costs
| Cost to create account | |
|---|---|
|
$0 |
|
$0 |
| Monthly account fees | |
|
|
$0 |
|
|
$0 |
| Send or pay $2000 to GBP | |
|
|
$9.85 |
|
|
$73.78 |
| Send or pay $2000 to EUR | |
|
|
$10.18 |
|
|
$70.48 |
| Receive a $2,000 payment in GBP | |
|
|
£0 |
|
|
£66.88 |
| Receive a $2,000 payment in EUR | |
|
|
€0 |
|
|
€76.53 |
The features your business loves.
By the people who made Skype
Richard Branson is a key investor
6 million customers globally
Regulated in the US
A powerful open API.
Businesses big and small can access our open API to automate payments, connect business tools, and create beautiful ways to manage finances.
Coverage around the world.
You can send money to 70+ countries, and receive and hold 40+ currencies.
You also get your own Eurozone, US, Australia, New Zealand, and UK bank details to get paid like a local.
FAQs
It's free to set up your TransferWise for Business account.
It's free to get international bank details and free to receive money using your bank details.
There's a cheap, transparent fee to convert between currencies — either in your account or if you spend on your TransferWise Business 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 Business Mastercard in a currency you don't have, it autoconverts the balance with the lowest fee, so you never have to worry.
There's a small fixed fee to withdraw funds from your TransferWise for Business 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.
We use the real exchange rate plus a small conversion fee when you convert a balance in your account to a different currency.
A full list of our currencies and pricing is available here →
No. When you send money with TransferWise for Business it goes directly into your recipient's bank account.
