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Wise (TransferWise) Review 2026 — Fees, Rates & Exchange Rate Margins

Mid-market exchange rate with low, transparent fees. Best for regular and larger transfers.

0%
FX margin
$1.00
Flat fee
0.65%
Transfer fee
★★★★½
Rating 4.8/5
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Pros

  • ✅ True mid-market rate (0% FX margin)
  • ✅ Fully transparent fees
  • ✅ Multi-currency account
  • ✅ 160+ countries

Cons

  • ❌ Fee charged upfront
  • ❌ Cash pickup not available in most corridors

Wise (TransferWise) performance on key corridors

Based on sending 1000 USD equivalent. Figures are indicative — check live rates before sending.

CorridorRateRecipient getsTotal costRanking
🇺🇸 USD → 🇮🇳 INR 94.7226 ₹94,722.58 1.27% #7 of 14
🇺🇸 USD → 🇵🇭 PHP 60.8512 ₱60,851.17 1.44% #7 of 14
🇬🇧 GBP → 🇮🇳 INR 126.64 ₹126,643.73 0.74% #5 of 14
🇦🇪 AED → 🇵🇰 PKR 74.6428 ₨74,643 1.34% #7 of 14
🇪🇺 EUR → 🇵🇱 PLN 4.323 zł4,291.10 0.74% #5 of 14

Wise (TransferWise) fee breakdown

Wise (TransferWise) has a flat fee of ~$1.00 per transfer, a transfer fee of 0.65% of the sent amount, and an FX margin of 0% above the mid-market rate. Mid-market exchange rate with low, transparent fees. Best for regular and larger transfers.

Transfer speed: Instant – 2 days. The total cost is competitive across most corridors at typical transfer amounts.

Compare Wise (TransferWise) vs others

Frequently asked questions

Is Wise (TransferWise) safe and legitimate?

Wise (TransferWise) is an established international money transfer service licensed and regulated in multiple jurisdictions. As with any financial service, always verify the provider holds a valid licence in your country before using it.

How much does Wise (TransferWise) charge?

Wise (TransferWise) charges a flat fee of approximately $1.00 per transfer, a transfer fee of 0.65% of the sent amount, and an FX margin of 0% above the mid-market rate. Total cost varies by corridor and amount.

How fast is Wise (TransferWise)?

Wise (TransferWise) typically delivers in Instant – 2 days, depending on the corridor, delivery method and time of day.

How does Wise (TransferWise) compare to Wise?

Both are online money transfer services, but they differ in fee model and corridor coverage. Use the live comparator on FX Skipper to see a side-by-side net amount comparison for your specific route and amount.