Who are Wise bank

Wise (formerly TransferWise) is a UK-based fintech company that enables international money transfers and multi-currency accounts. It operates on a peer-to-peer matching model to reduce costs and offers transparent, mid-market exchange rates for cross-border payments. Wise is popular among freelancers and businesses globally, though Indian users face certain limitations, including receiving money only in select currencies and relying on intermediary banks for some transfers. You can explore a detailed Wise overview to understand how it compares for Indian exporters.

For Indian freelancers and exporters seeking a fully compliant alternative, Skydo is an RBI-authorised cross-border payments platform built specifically for receiving international payments. It offers faster settlements, competitive rates, and seamless integration with Indian GST and export documentation, making it a strong choice for professionals working with global clients.