How to Open a Wise Multi-Currency Account

Wise, formerly Transferwise, is one of the most well-known fintech companies in the world. Starting as a solution for sending money abroad without racking up huge exchange fees, it is now a global multi-currency banking platform with over 10 million customers.

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Wise is not a banking platform. They are licensed as money transmitter in the states. They are not insured by the FDIC and don’t accept check deposit.

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