With Wise Business, your business can operate in multiple countries — as if you had a domestic business account enabling you to send payments, get paid by domestic bank transfers and hold money in multiple currencies without high fees or long wait times.
These features are powered by our extensive network and global regulatory licenses, but keeping them active comes at a cost. To keep in line with our principle of Mission Zero, we’ll now charge a fair fee to cover the cost of domestic bank transfers in foreign currencies.
In certain countries, Wise will charge a cross-border fee when your business sends or receives money in any foreign currency using domestic* bank transfer networks — it only applies for same-currency transfers without currency conversions.
Note, we waive these fees if your business holds a qualifying total balance with Wise Business, including Interest/Stocks.
*Domestic bank networks are used for clearing domestic bank payments like ACH in the US, SEPA in Europe, NPP in Australia, CHATS in Hong Kong, etc.
| As an Australian business | Cross border fee? | As a German Business | Cross border fee? |
|---|---|---|---|
| Sending EUR from EUR balance domestically via SEPA | Yes | Sending EUR from EUR balance domestically via SEPA | No |
| Sending USD from USD balance domestically via ACH | Yes | Sending USD from USD balance domestically via ACH | Yes |
| Sending AUD domestically from AUD balance via NPP | No | Sending AUD domestically from AUD balance via NPP | Yes |
| Sending GBP from AUD balance as a cross currency transfer | No (Cross-currency) | Sending GBP from EUR balance as a cross currency transfer | No (Cross-currency) |
| Sending EUR from EUR balance via SWIFT | No (Swift fee applies) | Sending EUR from EUR balance via SWIFT | No (Swift fee applies) |
Fee amounts
You’ll pay a fixed fee depending on where your Wise Business account is registered.
Note, we don't apply cross-border fees on card transactions, SWIFT transfers or Wise-to-Wise transfers, or if you're holding more than the qualifying balance.
| Country of Business Registration | Sending Cross-border fee* | Receiving Cross-border fee** |
|---|---|---|
| Australia | 6 AUD | No fee |
| Canada | 0.3% with maximum of 11CAD | 0.3% with maximum of 1 CAD |
| Germany | 2 EUR | No fee |
| Italy | 8 EUR | No fee |
| Netherlands | 4 EUR | 1 EUR |
| All other countries | No fee | No fee |
*Only applies when sending domestic bank transfers in foreign currency, without currency conversions.
** Only applies when receiving domestic bank transfers in foreign currency, without currency conversions.
Fees in practice
| Scenario | Cross-border Fee |
|---|---|
| Canadian business receiving 1,000 USD from a US customer via ACH | The equivalent of 1 CAD in USD |
| Australian business sending 500 EUR from EUR balance via SEPA to an Estonian supplier | The equivalent of 6 AUD in EUR |
| German business receiving 2,000 USD from a US customer via ACH | 0 |
| Italian business sending 500 GBP from GBP balance via FPS to a British supplier when holding 25,000 USD in Assets | 0 |
Fees don't apply for the following transfer types
Wise-to-Wise transfers: Same-currency transfers between Wise accounts will continue to be free
Keep a qualifying balance: We won’t charge a cross-border fee if, at the time of sending or receiving a transfer, your total Wise balance across all currencies (including Interest/Stocks) meets or is above threshold by country of business registration.
Australia: 20,000 AUD
Canada: 25,000 CAD
Germany: 10,000 EUR
Italy: 20,000 EUR
Netherlands: 18,000 EUR
Example case: A business registered in the Netherlands has 20,000 GBP in Assets when they're sending or receiving a USD bank transfer via ACH. In this case we waive the cross border fee, as that amount is greater than 18,000 EUR when converted to EUR.
Topping up from your business’s external bank account: As long as we are able to match account names, we’ll waive any cross-border fees.
SWIFT transfers or transfers between two external bank accounts: A different fee structure applies to SWIFT transfers or transfers between external bank accounts - cross-border fees do not apply here.
Wise Card transactions: We won’t charge any cross-border fees on Wise card transactions.
Batch payments: We won’t charge any cross-border fees when you send money using Wise’s batch payments tool.