Provider profile · 2026 edition
Wise Business review 2026: scores, fees and alternatives.
A multi-currency business account for paying, getting paid and converting money.
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A multi-currency business account for paying, getting paid and converting money.
Wise Business is ranked in 4 Buckingham Intelligence indices. Its highest score is 4.2 out of 5 (85 out of 100) in the Cross-border Payments and Remittance Index, where it ranks 3 of 11. It is strongest for small businesses wanting fast payments and a full public API, with 5 out of 5 for payment speed, collection accounts, integration and regulatory standing. Its lowest criterion score is published pricing at 3 out of 5.
Also ranked in: Virtual Accounts and IBANs Index (4.0 out of 5, rank 2 of 10), Global Trade Banking Index (3.8 out of 5, rank 1 of 26) and Payouts and Mass Payments Index (2.6 out of 5, rank 10 of 11).
Scores from the Cross-border Payments and Remittance Index, Global Trade Banking Index, Payouts and Mass Payments Index and Virtual Accounts and IBANs Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For SMEs and exporters | 84 | 3 of 11 |
| For payment and e-money firms | 88 | 3 of 11 |
| For marketplaces and platforms | 84 | 3 of 11 |
| Segment | Score out of 100 | Rank |
|---|---|---|
| For payment and e-money firms | 75 | 4 of 10 |
| For marketplaces and platforms | 78 | 2 of 10 |
| For businesses collecting from abroad | 84 | 2 of 10 |
| Segment | Score out of 100 | Rank |
|---|---|---|
| For importers | 74 | 1 of 26 |
| For exporters | 83 | 1 of 26 |
| For wholesalers and distributors | 69 | 1 of 26 |
| Segment | Score out of 100 | Rank |
|---|---|---|
| For marketplaces and gig platforms | 49 | 10 of 11 |
| For firms paying contractors and creators | 44 | 9 of 11 |
| For payment and fintech firms | 62 | 9 of 11 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
Small businesses wanting fast payments and a full public API.
Small and mid-sized businesses collecting from customers abroad.
Transparent FX and receiving in 22 currencies.
Smaller firms paying overseas suppliers and freelancers into bank accounts.
What Wise Business publishes on its own pages, read on 21 and 26 October 2026.
A multi-currency business account for paying, getting paid and converting money. It publishes the strongest speed figures in this edition, account details in 22 currencies, an open API with a sandbox and a licence list with numbers for each country. Its sending and conversion fees are published only as "from" rates.
| Fact | What the provider publishes |
|---|---|
| Payment reach | "Pay in 40+ currencies" (ways to pay page). No country count for business payments on the pages read. |
| Pricing | One set-up fee: "All in for 50 GBP"; account details in 22 currencies: 50 GBP. Sending and converting: "Fee varies by currency", "From 0.24%". Receiving: domestic payments free; USD wire and Swift 6.11 USD, GBP Swift 2.16 GBP, EUR Swift 2.39 EUR per payment. Volume discount above 20,000 GBP a month. |
| Payment speed | "70% arrive in 20 seconds and 95% in under 24 hours", "Accurate as of Q3, 2025". |
| Collection accounts | "Getting account details to receive in 22 currencies"; domestic receipts free in AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD and USD. |
| Integration | Open API with a free sandbox account; batch payments of "up to 1,000 transfers at a time" by CSV upload; accounting software connections; online sign-up. |
| Regulatory standing | Wise Payments Limited: FCA EMI, Firm Reference 900507. Licence page by country includes ASIC AFSL 513764, National Bank of Belgium payment institution, FINTRAC MSB M15193392, HK MSO 25-03-03263 and Kanto Local Financial Bureau registration 00040. |
| Date read | 26 October 2026 |
Nothing in this profile is marked as not published or not stated on the pages read.
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: wise.com/gb/business, wise.com/gb/pricing/business, wise.com/gb/business/ways-to-pay, wise.com/gb/business/api, wise.com/help/articles/2932693/….
Wise gives a business local account details to receive in 22 currencies for a one-off fee, with free domestic receipt in nine currencies and fixed SWIFT receiving fees. It publishes its FCA reference and SOC 2 Type 2 and ISO 27001. It does not publish virtual accounts for a platform's own customers or a sandbox on the pages read.
| Fact | What the provider publishes |
|---|---|
| Currencies and markets | "Account details for receiving in 22 currencies"; hold over 50 currencies. |
| Pricing | Set-up "All in for 31 USD"; domestic (non-SWIFT) receipt in AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD and USD free; USD wire and SWIFT 6.11 USD, GBP SWIFT 2.16 GBP, EUR SWIFT 2.39 EUR per payment. |
| Account ownership | Account details issued to the business; naming and virtual accounts for end customers not described on the pages read. |
| Local rails and speed | Domestic receipt in nine currencies; payouts "more than 50%* arrive within one hour". |
| Regulatory standing | "authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507"; US money transmitter; "SOC 1 type 2, SOC 2 type 2, PCI DSS and ISO 27001 certified". |
| Integration | Wise API; self-serve sign-up with a one-off fee. |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: wise.com/pricing/business, wise.com/payouts.
Wise Payments Limited is an FCA-authorised e-money institution (FRN 900507) with licensed entities in the US, EU, Brazil, Mexico, Hong Kong and the UAE. It publishes its FX margin against the mid-market rate, which few others do, and gives receiving details in 22 currencies for a one-off £50. It offers no credit or trade finance.
| Fact | What the provider publishes |
|---|---|
| Account fee | No monthly fee; one-off £50 for receiving details in 22 currencies |
| FX margin | From 0.24% above the mid-market rate; volume discount above £20,000 a month |
| Receiving | Free domestic receipts in USD, EUR, GBP, AUD, CAD, SGD and others; incoming USD wire 6.11 USD |
| Paying suppliers | Fee from 0.24%, varies by currency; 40+ currencies |
| Stablecoins | Not supported; crypto businesses not accepted |
| Finance | None; business debit card only |
| Onboarding | Online; further review up to 10 working days |
| Protection | Safeguarded e-money; no FSCS |
| Date read | 21 October 2026 |
Who can open an account, by country of registration
| Country | Published position |
|---|---|
| United Kingdom | Yes |
| United States | Yes |
| Mexico | Not on holding list |
| Brazil | Yes, entity limits |
| Colombia | Yes |
| Hong Kong | Yes |
| China | Yes, no USD details |
| Türkiye | Not on holding list |
| UAE | Not on business list |
| Nigeria | Not on holding list |
| Pakistan | Not on holding list |
Nothing in this profile is marked as not published or not stated on the pages read.
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 21 October 2026 from: wise.com/gb/pricing/business, wise.com/help/articles/2932693/…, wise.com/help/articles/2813542/…, wise.com/help/articles/2810318/…, wise.com/gb/pricing/receive.
Wise sends payouts to bank accounts in 70+ countries in local currency, with a batch tool for up to 1,000 payments and an API. It publishes its FCA reference and SOC 2 Type 2 and ISO 27001. Sending fees are published only as "from" percentages, and recipient onboarding and tax forms are not described.
| Fact | What the provider publishes |
|---|---|
| Global reach | "Make payouts to 70+ countries in local currency"; "Hold over 50 currencies". |
| Pricing | Set-up: "All in for 31 USD"; sending priced by currency "From 0.23%" (US business pricing page). |
| Payout methods and speed | "we do payouts directly to bank accounts"; "more than 50%* arrive within one hour and the rest arrive within one business day". |
| Integration | "Use our Batch Payments tool to make up to 1,000 payouts in one go" by CSV; "For fully automated payouts you can connect with the Wise API." |
| Regulatory standing | "Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507"; US money transmitter; Wise Australia AFSL 513764. |
| Security | "SOC 1 type 2, SOC 2 type 2, PCI DSS and ISO 27001 certified". |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: wise.com/payouts, wise.com/au/business/payouts, wise.com/pricing/business.
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Cross-border Payments and Remittance Index. 0 means not offered or not published. How it is scored
Each criterion is scored 0 to 5 against the best published offer in the Virtual Accounts and IBANs Index. 0 means not offered or not published. How it is scored
Each criterion is scored 0 to 5 against the best published offer in the Global Trade Banking Index. 0 means not offered or not published. How it is scored
Each criterion is scored 0 to 5 against the best published offer in the Payouts and Mass Payments Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| WorldFirst | 4.7 | 1 of 11 | Exporters and online sellers paying suppliers in Asia, especially China |
| Airwallex | 4.7 | 2 of 11 | Businesses and platforms wanting exact FX margins, wide reach and many licences |
| Payoneer | 3.5 | 4 of 11 | Online sellers and service firms collecting from marketplaces and clients abroad |
| Nium | 3.2 | 5 of 11 | Payment firms and platforms building payouts through an API |
| Currenxie | 3.1 | 6 of 11 | Asia-facing businesses wanting a fully priced account |
| OFX | 2.7 | 7 of 11 | Small businesses wanting a published fee schedule and Xero connection |
| Ebury | 2.5 | 8 of 11 | Mid-sized importers and exporters wanting payments with currency hedging |
| Convera | 2.4 | 9 of 11 | Larger businesses, universities and credit unions paying in exotic currencies |
| Thunes | 1.9 | 10 of 11 | Banks, remittance firms and wallets paying out to mobile wallets and accounts |
| Corpay Cross-Border | 1.6 | 11 of 11 | Mid-sized and large firms paying in many countries with hedging support |
Full Cross-border Payments and Remittance Index ranking
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Airwallex | 4.3 | 1 of 10 | Platforms and businesses needing local receiving details in many currencies at published prices |
| Nium | 3.8 | 3 of 10 | Payment firms and platforms issuing accounts in their customers' names under their own brand |
| ClearBank | 3.3 | 4 of 10 | UK payment and e-money firms needing safeguarding and virtual accounts at a bank |
| Swan | 2.8 | 5 of 10 | European platforms issuing euro accounts with local IBANs to their customers |
| Griffin | 2.8 | 6 of 10 | UK payment, e-money and investment firms needing safeguarding or client money accounts |
| Weavr | 2.6 | 7 of 10 | UK and EU business software giving each client account an IBAN at a fixed monthly price |
| Payoneer | 2.6 | 8 of 10 | Sellers and freelancers collecting from marketplaces and overseas clients |
| Column | 2.5 | 9 of 10 | US fintechs needing FBO accounts and account numbers at a chartered bank |
| Increase | 2.4 | 10 of 10 | US platforms creating many account numbers for reconciliation |
Full Virtual Accounts and IBANs Index ranking
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| WorldFirst | 3.5 | 2 of 26 | Importers paying Asian suppliers, no account fees |
| Airwallex | 3.5 | 3 of 26 | Free local supplier payments to 120+ countries |
| Statrys | 3.1 | 4 of 26 | Hong Kong, Singapore and BVI companies trading with Asia |
| XTransfer | 3.1 | 5 of 26 | Trade with China and emerging-market collection |
| Aspire | 3.0 | 6 of 26 | Singapore, Hong Kong and US-nexus companies trading in Asia |
| Currenxie | 3.0 | 7 of 26 | Asian and Mexican traders collecting in nine currencies |
| Payoneer | 3.0 | 8 of 26 | Marketplace sellers and exporters in 190+ countries |
| Mercury | 2.8 | 9 of 26 | US-registered companies with founders abroad |
| Ebury | 2.8 | 10 of 26 | Mid-size traders needing supplier finance with their FX |
| Verto | 2.7 | 11 of 26 | African exporters collecting in NGN, KES and ZAR |
| 3S Money | 2.7 | 12 of 26 | Non-resident companies from 190+ countries wanting UK and EU IBANs |
| Slash | 2.5 | 13 of 26 | Non-US wholesalers spending in dollars and receiving USDT |
| Revolut Business | 2.5 | 14 of 26 | UK, EEA and US companies wanting cards and FX allowances |
| Shield | 2.5 | 15 of 26 | Wholesalers in Latin America paid in USDT |
| OFX | 2.4 | 16 of 26 | FX-heavy traders wanting a dealer on the phone |
| Tazapay | 2.4 | 17 of 26 | Exporters collecting from buyers in 85+ markets |
| Wio Bank | 2.4 | 18 of 26 | UAE trade licence holders wanting a bank with lending |
| HSBC UK | 2.3 | 19 of 26 | UK traders needing letters of credit and trade finance |
| iBanFirst | 2.0 | 20 of 26 | EEA and UK companies exchanging €200,000 or more a year |
| Conduit | 1.9 | 21 of 26 | Companies in 100+ countries settling trade in stablecoins |
| Bitso Business | 1.8 | 22 of 26 | Latin American traders settling on Pix, SPEI and ACH |
| Flutterwave | 1.7 | 23 of 26 | African exporters receiving USD, GBP, EUR and AED |
| Equals Money | 1.7 | 24 of 26 | UK businesses wanting cards and 40 currencies in one account |
| Moneycorp | 1.7 | 25 of 26 | UK and Irish traders wanting dealer-led FX |
| Nium | 1.6 | 26 of 26 | Platforms and fintechs embedding payouts, not yet small traders |
Full Global Trade Banking Index ranking
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Trolley | 4.5 | 1 of 11 | Platforms paying creators and sellers that want a full published price list |
| Stripe Connect and Global Payouts | 4.2 | 2 of 11 | Platforms already taking payments on Stripe that want onboarding, tax forms and payouts in one place |
| Tipalti | 3.8 | 3 of 11 | Firms paying many contractors or creators across borders with full tax form handling |
| Payoneer | 3.5 | 4 of 11 | Marketplaces paying sellers abroad into accounts, bank accounts or wallets |
| Nium | 3.4 | 5 of 11 | Payment and fintech firms needing real-time payouts and licences in many markets |
| Airwallex | 3.0 | 6 of 11 | Platforms wanting a published fee schedule and licences across Asia, Europe and the US |
| PayPal Payouts | 2.8 | 7 of 11 | Businesses paying recipients who already use PayPal or Venmo |
| Routable | 2.8 | 8 of 11 | US firms paying many vendors and contractors from their accounting system |
| Rapyd Disburse | 2.8 | 9 of 11 | Firms paying recipients by card, wallet or cash as well as bank transfer |
| dLocal | 2.3 | 11 of 11 | Platforms paying recipients in Latin America, Africa and Asia |
Side by side on every criterion, fact and award.
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