Payments

Wise

Multi-currency account for receiving and converting payments

Wise is a UK-based service for international transfers and multi-currency accounts. It gives you account details to receive money in 22 currencies, convert it and send transfers. Platform payouts arrive on Wise details like a regular bank account, provided the platform supports that method and Wise allows your line of work.

Pros

Free account details to receive money in 22 currencies
Domestic payments in AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD and USD are received free
Same-currency transfers between Wise users are free and fast
App and card included

Cons

SWIFT payments carry a fixed fee, for example 6.11 USD
Conversion and top-up fees vary by route
Wise can restrict some types of activity, so read its prohibited business list
Identity verification is required

Best for

creators receiving bank transfers in several currencies
those who need USD, EUR or GBP account details

How to start

Sign up at wise.com and complete verification
Read Wise's terms on permitted activities
Get the account details for the right currency and add them to the platform's payout settings

Frequently asked questions

What does it cost to receive money on Wise?

Account details are free, domestic payments in major currencies are received free, and SWIFT payments carry a fixed fee such as 6.11 USD.

Can platform payouts go to Wise?

If the platform pays to bank details in the right currency, yes. Check your platform's payout page.

Which currencies have account details?

Account details for receiving money are free in 22 currencies.

Does Wise allow adult content?

Wise has a list of prohibited and restricted activities. Read its terms before opening an account.

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