Wise is regulated as an e-money institution with your money securely safeguarded at leading international banks. Wise offers unique business account details for the for your UK Limited Company. You can also open this account without having a residential address in the UK. Plus unlike your traditional banks, Wise allows you to hold and convert over 50 currencies within your multi-currency account
International payments, 19x cheaper.
Pay invoices, buy inventory, and handle payroll with the real exchange rate in over 50 currencies — for way cheaper than PayPal.
Send money directly from your own debit card or bank, or make payments from your business account balance. Your recipient doesn't need a Wise account to receive their money.
Wise is regulated by the Financial Conduct Authority (FCA) in the UK and EEA, the Financial Crimes Enforcement Network (FinCEN) in the US, the
National Bank of Belgium in Belgium, and many other regulators around the world. The address on your TransferWise account determines which regulator
you’re covered by. These agencies are there to protect you. And they make sure that we’re always acting honestly and fairly.
Wise is required to safeguard your money at leading financial institutions (such as JP Morgan and Barclays). Customer money is held in separate accounts from Wise’s money and in the unlikely event that something were to happen to Wise your money would be returned to you.