What percentage does Wise take

Wise takes a variable conversion fee starting at roughly 0.33% to 0.57% for major currencies, plus a small fixed fee, and converts at the mid-market exchange rate with no markup.

How the Wise fee is made up:

• Conversion fee: The percentage starts around 0.33% and changes with the currency pair and the way you fund the transfer.
• Exchange rate: Wise uses the live mid-market rate, the same one shown on Google, without adding a hidden spread.
• Receiving money: Getting paid into Wise local account details is usually free, but some incoming wires, such as USD wire or SWIFT payments, carry a fixed fee of about 6.11 USD.
• ATM withdrawals: Withdrawals are free up to a monthly limit that varies by region. In the US, a fee of 1.95 USD plus 1.95% applies to each withdrawal after 250 USD in a calendar month.

Wise pricing has no subscriptions or plans, so you only pay fees on the services you actually use. Because the percentage depends on the currencies, the amount and the payment method, the exact cost of a given transfer is shown in the pricing calculator on the Wise website before you send.