80% Wise Promo Codes ➡️ (1 Wise Coupon Codes) April 2024

The most redeemed Wise discount codes

About Wise Coupon Codes

The idea is to move money internationally faster, cheaper and safer than traditional methods. One of the premises of Wise is to pass on the cost savings of your transfer method to customers, making shipments cheaper than other similar services. And best of all, Wise already operates on more than 1,300 different money-sending routes.

What are the advantages of using Wise? There are many advantages to using Wise. For example:

Wise is cheaper: the official currency exchange rate is used, and you only pay a small commission for the transfer. Instead of an international transfer, the system uses two local operations - one in the country of origin, the other in the country of destination. This makes transfers more economical.

° Wise is transparent: the value you see in the simulation you make on the site is the same as you will pay at the end of the transaction. There are no built-in costs on the exchange, charges made on receipt, nor surprises fees.

° Safety: using Wise is safe because the company is legalized in all countries where it operates, being regulated by central banks and regulatory agencies, all within the law. In Brazil, Wise acts as exchange correspondent for banks MS Bank and Banco Rendimento. In addition, the user does not need to circulate with cash, which adds even more security to the remittance service.

° Convenience: The entire transfer process is done online. Simply create a free account, indicate the amount you want to transfer, indicate the data of the beneficiary, and make the payment. In a matter of a few days (up to two business days) after receiving the money, it arrives at the recipient's account.

° Freedom: You can have an account at any bank to use Wise. In addition, the payee does not need to have an account with Wise.

Visit the Wise website

Wise: how it works
As mentioned above, making a transfer is very simple. But how does Wise work? Just follow the steps:

1 - On the homepage, simulate the amount you want to transfer and see the currency quote and commission

2 - If you agree, create a user (free) and indicate the destination account with the data requested (IBAN, BIC / SWIFT etc). The payee does not need to create an account with Wise.

3 - Make the payment of the ticket or transfer the value to the Wise account in Brazil using your bank account.

4 - Ready! That simple. When Wise flagged your payment, you'll use the overseas account to transfer the amount that was matched to the target account.

Throughout the world and over time, banks have been the main solution to send money abroad. However, international bank transfers are often bureaucratic and costly.

The explanation given is usually related to the processes of international communication between banks. However, over time, technology has evolved.

If you have heard of fintechs, you will probably understand what we are talking about: they are technologically capable financial institutions that aim to simplify people's relationships with money.

Specifically for sending money abroad, we decided to highlight Wise - a Fintech that was born in the United Kingdom and has grown rapidly in Brazil since joining the country in 2015. In this article we will explain what Wise is like it works, and what are the advantages of sending money through this company.
Wise: what is it and how does it work?

Launched in 2011, Wise is an online international remittance transfer platform. It currently has more than 3 million customers around the world, moving around 2 billion euros per month (about 8 million reais).

This growth has been rapid because the company touched on a point that needed change: the way international money transfers are made - made them more economical and transparent.

The company receives payment from the customer locally, in the country of origin, through its banking partners. Then convert the money, and send the local bank transfer to the destination.

Is Wise secure?

When it comes to money, it is essential to know if the services we buy are reliable. So the first question that comes to mind is whether sending money through Wise is safe.

In terms of security, using Wise for international transfers is as reliable as resorting to a bank - the main advantage, however, is the lower cost, and the fact of knowing exactly how much the beneficiary will receive.