Business Tools

Wise: Transfer Money to Your Bank Account

March 11, 20234 related topics

Wise (formerly TransferWise) is a popular platform for international money transfers with low fees. Here's how to transfer money from Wise to your own bank account.

Adding Yourself as a Recipient

To withdraw money from Wise to your bank:

  1. Log into your Wise account
  2. Go to Recipients
  3. Add yourself as a new recipient
  4. Enter your bank account details
  5. Save the recipient

Making a Transfer

Once you've added yourself:

  1. Select "Send money"
  2. Choose yourself as the recipient
  3. Enter the amount
  4. Review the fees and exchange rate
  5. Confirm the transfer

Why Agencies Use Wise

International Clients

Accept payments from clients worldwide without expensive wire fees.

Multi-Currency

Hold and convert multiple currencies in one account.

Low Fees

Often significantly cheaper than traditional banks for international transfers.

Sometimes Zero Fees

Certain transfer types have no fees at all.

Referral Program

Wise offers a referral program where you can get free transfers (up to $600 in value) for referring others.

See Also

  • Wise — The platform
  • Payment Processing — Accepting payments
  • International Business — Working globally
  • Agency Finances — Managing agency money

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