Sending money from your Wise balance is faster than sending from a bank account outside of Wise — and for transfers over 1,000 GBP or equivalent in other currencies, the fees are lower, too.
Learn how much it costs to withdraw or send money from your balances
Before you start, you’ll need to open a balance and make sure you have enough money there to make your transfer. Here’s how to add money.
There are 2 ways to start a transfer from your balance:
Go to one of your balances and send money from there
From the Home tab, choose the balance that you’d like to send from
On both web and on the app your balances are at the top of the screen
Click Send
Select who you're sending to and enter the amount you want to send
Click Confirm and send — you may need to enter your Wise password, or use fingerprint or facial recognition, to finish sending money
Set up a transfer and choose to pay with your balance
From the Home tab click on Send
Set up a transfer by going through the standard transfer steps
At the payment step, choose the Your Wise balance
You may need to enter your Wise password, or use fingerprint or facial recognition, to finish sending money
Note: here’s what to do if you’ve forgotten your password
Direct debits
If you want to give a company permission to take regular payments from your account, such as for rent, subscriptions, or recurring bills you can set up direct debits for AUD, CAD, GBP, EUR, and USD balances.