We always use the real exchange rate and charge a transparent fee. When you send or convert large amounts within a calendar month (UTC time), you'll automatically get lower fees on amounts over specific thresholds.
How do volume discounts work?
Your discount eligibility is based on the total amount you send or convert in a single calendar month.
Here is how it works:
Tiered pricing: You pay our standard fee on the initial portion. Lower fee percentages apply automatically only to amounts in higher threshold brackets.
Automatic application: We apply the discount automatically. You don't need to calculate it yourself.
Profile currency tracking: Your threshold currency is set by your registered profile address (e.g. AUD for Australia, EUR for France). If your country isn't listed, your progress is tracked in USD.
Separate accounts: Thresholds apply separately to your personal account and Wise Business account.
What are the discount thresholds?
When your total monthly volume reaches a threshold, you get a lower fee on any amount above it.
The table below shows the estimated percentage discount depending on your monthly volume and your registered profile address. All the numbers are in the currencies described at the top of the columns.
| Monthly volume discount (%) | UK (GBP) | New Zealand (NZD) | Australia (AUD) | Canada (CAD) | Singapore (SGD) | Europe (EUR) | Switzerland (CHF) | USA & other countries (USD) |
|---|---|---|---|---|---|---|---|---|
| 0% (Standard fee) | < 20k | < 44k | < 40k | < 35k | < 30k | < 22k | < 20k | < 25k |
| 0.10% discount | 20k – 300k | 44k – 650k | 40k – 600k | 35k – 530k | 30k – 500k | 22k – 325k | 20k – 300k | 25k – 375k |
| 0.15% discount | 300k – 500k | 650k – 1.1m | 600k – 1m | 530k – 900k | 500k – 850k | 325k – 550k | 300k – 500k | 375k – 625k |
| 0.16% discount | 500k – 1m | 1.1m – 2.2m | 1m – 2m | 900k – 1.8m | 850k – 1.7m | 550k – 1.1m | 500k – 1m | 625k – 1.25m |
| 0.17% discount | 1m+ | 2.2m+ | 2m+ | 1.8m+ | 1.7m+ | 1.1m+ | 1m+ | 1.25m+ |
If you plan to send or convert more than 2,000,000 GBP (or equivalent), learn more about high-volume transfers.
What transfers qualify for a discount?
To qualify for discounted fees, your transfer must meet these requirements:
Currency conversion: You must convert between two different currencies (e.g. GBP to EUR). Same-currency transfers (e.g. USD to USD) do not count toward your volume.
Completed status: Only completed transfers or conversions in the calendar month count toward your threshold. Uncompleted or cancelled transfers do not count.
Supported pay-in currency: You must pay using a supported currency.
Regardless of which currencies you send, we convert your total monthly volume into your profile's base currency to track progress.
How is the discount calculated?
All numbers in this example are for illustration.
If your registered profile currency is GBP and you send three transfers from GBP to EUR in September:
Transfer 1: 20,000 GBP
Transfer 2: 20,000 GBP
Transfer 3: 500 GBP
Total sent in September = 40,500 GBP
First 20,000 GBP: You pay the standard fee (e.g. 0.33%), as this fills the 0% discount bracket.
Remaining 20,500 GBP: You get a 0.10% discount, reducing your fee rate to 0.23%.
Fee calculation breakdown:
20,000 GBP × 0.33% = 66.00 GBP
20,500 GBP × 0.23% = 47.15 GBP
Total fee: 113.15 GBP
Whether you send 40,500 GBP in a single transfer or across multiple transfers during the month, your average fee rate remains the same. Completed transfers reset at the start of each month.
Supported pay-in currencies
To receive discounted fees, pay for your transfer using one of these supported currencies:
AED, ARS, AUD, BRL, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, MXN, MYR, NOK, NZD, PHP, PLN, RON, SEK, SGD, THB, TRY, UAH, or USD.
For the most up-to-date information on fees, please check the Terms of Use for your region.