How much does Wise charge to send money?
Wise charges a small transparent fee โ typically 0.3โ0.7% of the transfer amount, depending on the currency pair. For example, sending โฌ1,000 to USD typically costs around โฌ4โ6. You see the exact fee before confirming. There are no additional charges beyond this fee.
How fast are Wise transfers?
74% of Wise transfers arrive in under 20 seconds. 95% arrive within 24 hours. Speed depends on the currency pair and destination country. Some corridors (like EUR to USD or EUR to GBP) are typically instant. Transfers to less common currencies may take 1โ2 business days.
Is there a limit on how much I can send with Wise?
Wise Business accounts have higher limits than personal accounts. Business account limits depend on your verification level and can be increased by contacting Wise support. For very large transfers (โฌ500,000+), Wise also offers a dedicated large amount service with additional support.
Can I send money to suppliers in China from Belgium?
Yes. Wise supports EUR to CNY transfers from Belgium and other EU countries. You need the recipient's Chinese bank account details (bank name, account number, and bank branch). Transfers typically take 1โ2 business days. This is particularly useful for EU businesses importing goods from China.