In today’s global digital economy, receiving money from international clients, companies, and marketplaces is no longer optional it’s essential. Freelancers, remote workers, software houses, agencies, SaaS founders, and online entrepreneurs all face the same challenge how to receive international payments quickly, securely, and with minimal fees Receive international money through Wise.
Traditional banks are slow and expensive. Payment processors often charge high percentages. This is where Wise stands out Receive international money through Wise.
Wise allows individuals and businesses to receive international money like a local, using real exchange rates and transparent fees Receive international money through Wise.
This complete guide explains how to receive international money through Wise, step by step, including fees, supported currencies, best practices, and real-world use cases Receive international money through Wise.
What Is Wise?
Wise (formerly TransferWise) is a global financial technology company that provides:
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Multi-currency accounts
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Local bank details in multiple countries
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International money transfers at real exchange rates
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Business tools for invoicing and global payments
Unlike traditional banks, Wise does not inflate exchange rates. Instead, it uses the mid-market exchange rate and charges a clearly visible fee Receive international money through Wise.
Why Use Wise to Receive International Money?
1. Local Bank Details in Multiple Countries
Wise gives you local bank account details for major currencies, allowing clients to pay you as if you were in their country.
You can receive payments like a local in:
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USD (United States)
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GBP (United Kingdom)
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EUR (Europe – IBAN)
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AUD (Australia)
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CAD (Canada)
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SGD (Singapore)
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NZD and more
This removes the need for expensive international wire transfers.
2. Lower Fees Compared to Banks & Payment Gateways
Traditional banks hide fees in poor exchange rates. Many payment gateways charge:
Wise charges:
3. Faster Payments
Local transfers via Wise are much faster than international SWIFT wires.
Typical speeds:
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SEPA (EUR): 1 business day
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Faster Payments (GBP): Same day
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ACH (USD): 1–3 business days
4. Hold & Manage Multiple Currencies
You don’t need to convert money immediately.
With Wise, you can:
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Hold money in multiple currencies
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Convert when exchange rates are favorable
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Pay suppliers directly from your balance
Who Should Use Wise?
Wise is ideal for:
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Freelancers & remote workers
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Software houses & IT agencies
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Digital marketers & consultants
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E-commerce sellers
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SaaS startups
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Affiliate marketers
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International service providers
If you receive payments from outside your country, Wise is one of the most cost-effective solutions.
Supported Currencies for Receiving Money
Wise supports 40+ currencies overall, but local receiving account details are available for selected currencies.
Most commonly used Receive international money through Wise:
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USD – ACH & wire
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EUR – IBAN
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GBP – Sort code & account number
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AUD – BSB & account
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CAD – Local details
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SGD, NZD, PLN, RON and more
Availability depends on your country and account type (personal or business).
How to Receive International Money Through Wise (Step-by-Step)
Step 1: Create a Wise Account
Step 2: Add a Currency
From your Wise dashboard:
Step 3: Get Local Account Details
Click Get account details and Wise will generate:
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Account number
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IBAN or routing number
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SWIFT/BIC (if required)
These details are what you share with your client or employer.
Step 4: Share Details or Send an Invoice
You can:
Once the sender transfers money, it appears in your Wise balance.
How Clients Can Pay You via Wise
Your payer can send money using:
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Local bank transfer (recommended)
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ACH (USA)
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SEPA (Europe)
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Faster Payments (UK)
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Wire transfer (if required)
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Card payments (via payment links)
Local transfers are always cheaper and faster.
Wise Fees for Receiving International Money
Receiving Fees
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Most local transfers: Free
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USD wire transfers: Small fixed fee may apply
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SWIFT transfers: Intermediary bank fees possible
Currency Conversion Fees
Account Fees
Wise for Freelancers & Remote Workers
Wise is one of the best tools for freelancers because:
You can even include Wise details on:
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Upwork alternatives
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Direct client contracts
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Monthly retainers
Wise for Businesses & Agencies
Wise Business offers advanced features:
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Multi-currency business accounts
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Bulk payments
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Employee access
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API & integrations
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Invoicing and payment links
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Stripe integration (supported currencies)
Perfect for software houses, agencies, and startups working globally.
Converting & Withdrawing Money from Wise
You can:
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Convert funds inside Wise
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Send money to your local bank
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Pay international vendors directly
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Use Wise debit card (where available)
Conversion always uses real exchange rates, not inflated ones.
Security & Compliance
Wise is:
Regulated in multiple countries
Fully compliant with AML & KYC rules
Uses bank-level encryption
Trusted by millions globally
Your funds are safeguarded and monitored.
Wise vs Traditional Banks
| Feature |
Wise |
Traditional Bank |
| Exchange Rate |
Real |
Marked-up |
| Receiving Fees |
Low / Free |
High |
| Speed |
Fast |
Slow |
| Transparency |
Full |
Hidden |
| Multi-Currency |
Yes |
Limited |
Common Issues & Solutions
Payment delayed?
→ Check reference & sender method
Wrong transfer type?
→ Ask sender to use local transfer
Account verification required?
→ Upload documents promptly
International payments guide
Freelancing payment methods
Wise vs PayPal comparison
Wise official website
Central bank exchange rate pages
Is Wise free to receive money?
Yes, most local transfers are free. Some wire transfers may have small fees.
Can I receive salary through Wise?
Yes, many employers use Wise for international payroll.
Is Wise better than PayPal?
For international transfers and currency conversion — yes, it’s usually cheaper.
Can businesses use Wise?
Yes Wise Business is designed specifically for companies.
If you work with international clients or run a global business Wise is one of the smartest ways to receive international money.
It’s faster than banks, cheaper than payment gateways, transparent, and trusted worldwide.
Whether you’re a freelancer, agency owner, or startup founder Wise helps you get paid globally without losing money to hidden fees.