Wise Business fees look nothing like a bank's or a payment processor's: there is no monthly fee, but there is a one-off €60.00 at the start, and after that almost everything you pay is currency conversion. This guide walks through every charge as Wise publishes it, and what it really costs to collect an invoice from a US or UK client.
Does Wise Business have a monthly fee?
No. Signing up is free, keeping the account open costs nothing, and holding a balance in any of the currencies is free too. What you do pay is a one-off €60.00 (£50.00 if you open the account in pounds) that unlocks every business feature. That is the biggest difference from Revolut Business pricing, where a fee lands every month whether you get paid or not.
The only recurring fees on the pricing table are the optional investment products: from 0.26% a year on Interest and from 0.59% a year on Stocks. If you only use the account to get paid and convert, you never touch them.
What the one-off €60.00 fee buys
The one-off payment gives you account details to receive money in 22 currencies: a US account and routing number, UK account details, a European IBAN, and the same in Australia, Canada, New Zealand, Singapore and elsewhere. For a freelancer invoicing abroad that is the part that matters: your US client pays a US account with a domestic transfer, not an international one, so neither of you is charged for it.
As a freelancer in Tarragona I invoice clients in the US, the UK and the EU, and the change you notice is not the fee, it is that the client no longer has to make an international transfer at all. Plenty of small US finance teams simply will not do one, or they post you a cheque instead.
Wise Business fees for receiving money
Receiving a domestic, non-SWIFT transfer is free in AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD, USD. That means ACH in the US, Faster Payments in the UK and SEPA in the eurozone cost nothing, whatever the amount. The money lands in your balance in full.
What does carry a fee is a payment arriving by SWIFT, which is what happens when your client's bank sends an international transfer instead of a local one. Wise charges a flat amount per payment rather than a percentage: $6.11 for a wire or SWIFT payment in dollars, £2.16 for one in pounds and €2.39 for one in euros. In 19 other currencies the fee varies and Wise publishes it in its help centre. On a $5,000 invoice that is noise; on a $200 one it is not. If you want to know why a SWIFT payment can still arrive short even after paying it, see the guide to SWIFT transfer fees.
What converting costs on Wise Business
This is where the money actually goes, and it is an explicit percentage on top of the mid-market rate, with no hidden spread. It depends on the currency pair:
| You convert | Wise fee |
|---|---|
| USD → EUR | 0.29% |
| GBP → EUR | 0.33% |
| USD → GBP | 0.33% |
| EUR → USD | 0.47% |
| EUR → GBP | 0.48% |
On a $5,000.00 invoice from a US client, received and converted to euros, Wise takes $14.50, or 0.29%. The same $5,000.00 through PayPal costs $387.50, and through Payoneer $109.40. The gap against PayPal on a single invoice, $373.00, is already several times the one-off €60.00.
The fee is purely proportional, so the effective rate does not change with the amount, unlike any provider that charges a fixed component:
Wise Business card fees
Ordering the card costs €7.00 once (express delivery, from €10.40), and the digital card is free. Spending on it carries no foreign transaction fee: if you hold a balance in that currency it spends that balance, and if you do not it converts at the percentages above. ATM withdrawals are free up to €250.00 a month per account, and above that Wise charges 2.69% on the excess, on top of whatever the ATM operator adds. Replacing a lost card costs €4.00; replacing an expired one is free. Topping up external e-wallets costs 2%.
Every Wise Business fee at a glance
| What you do | What Wise Business charges |
|---|---|
| Open the account | Free |
| Get account details in 22 currencies | €60.00 / £50.00 once |
| Keep the account open | No monthly or annual fee |
| Receive a local transfer (AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD, USD) | Free |
| Receive a USD wire / SWIFT payment | $6.11 |
| Receive a GBP SWIFT payment | £2.16 |
| Receive a EUR SWIFT payment | €2.39 |
| Hold a balance in any currency | Free |
| Convert or send money | From 0.29% (dollars to euros), varies by pair |
| Order the card | €7.00 |
| Pay with the card | Free |
| Withdraw cash | Free up to €250.00 a month, then 2.69% |
These are the figures on the eurozone business pricing table, checked on 26 October 2026; the UK version publishes the same thing in pounds. The conversion percentages come from Wise's own price API and are the ones the Wise Business calculator on this site uses, so the two cannot disagree.
How to pay less on Wise Business
- Give your client the local details, not the European IBAN. Hand a US client an IBAN and their bank sends a wire, which brings the $6.11 fee along with whatever their own bank charges them. With the US routing number it is a domestic transfer and costs nothing.
- Do not convert what you will spend in that currency. If you pay for tools in dollars, keep the dollar balance and pay from it. Every round trip pays the percentage twice.
- Think about timing, not batching. The fee is a pure percentage, so grouping payments saves nothing by itself; what moves is the mid-market rate. Converting when you need the money rather than out of habit is the only real decision.
- Ask for a bank transfer whenever you can. Between a card payment and a transfer to your Wise details, the difference on a mid-sized invoice is two orders of magnitude. I break it down in card or bank transfer.
For the number on your own payment, with your amount and your client's country, there is the Wise Business fee card. And if you are choosing between Wise and Payoneer for marketplace payouts, I compare them over a full year of invoices.
Sources: Wise's business pricing table (wise.com/es/pricing/business and wise.com/gb/pricing/business) and card fee table (wise.com/es/pricing/card-fees), checked on 26 October 2026. The conversion percentages come from Wise's price API and are the same ones the calculator on this site uses. Wise can change them; the figure that counts is the one shown before you confirm.
Every figure in this guide is calculated from the providers' public pricing pages, with the same function as the calculator. See the methodology for what the model includes and leaves out.