Please Note: Wise are currently experiencing a backlog in opening Business Bank Accounts for UK Entities. Referrals are being processed in date order, however may take slightly longer than usual to process.
Who are Wise?
Wise is a global technology company, building the best way to move money around the world.
With the Wise acount people and businesses can hold over 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However, you use the platform, Wise is on a mission to make your life easier and save you money.
16 million people and businesses use Wise globally, which processes £9 billion in cross-border transactions every month, saving customers around £1.5 billion a year.
Wise Business Features
The Wise Business account is the ultimate way to manage money globally. It’s made for the world. And it’s built to save you money and time, so you can spend more time focusing on growing your business.
Payments
Make international payments and save up to 6x with Wise. Choose from 160+ countries and pay overseas staff or suppliers, with no hidden fees or exchange rate markups.
Unlike banks and some other services, Wise uses the mid-market exchange rate. That means no hidden fees or exchange rate markups – and plenty of savings for our business customers.
Pay Invoices
Forget traditional money transfers. Handle one-off invoices, recurring payments, and mass payouts in over 160 countries using the mid-market exchange rate.
The Wise fee gets cheaper when you send amounts above 100,000 GBP (or equivalent in your currency). You’ll get a cheaper fee whether you send a one-off large transfer or multiple transfers over a month.
Simply upload a spreadsheet with the invoice and currency info, and our smart tech will do the rest. 50% of payments are paid out within an hour.
Receive Money
Receive money from around the world in 9+ major global currencies, at the speed and cost of local payments. Get account details to receive USD, GBP, EUR and more and start getting paid like a local.
Get your own unique account details to receive money in 9+ currencies — USD, GBP, EUR, CAD, AUD and more. Invoice your customer using your local account details and receive their payment into your Wise account — just as if they were sending a local transfer.
Cut the costs, complexity, and hidden fees when you get paid like a local.
Batch Payments
Make fast, low-cost payouts to all your customers, freelancers, employees, investors, and suppliers around the world.
Whether you call them bulk payments, mass payouts, or batch payments, we can help.
Use Wise Batch Payments tool to make up to 1,000 payouts in one go. Payments can be processed by uploading a single CSV file and without the need for integrations.
The Wise batch payments tool lets you make multiple payouts using the same unique international money transfer features available on our consumer platform. Features include a delivery estimator, pay-to-email, and real-time tracking as well as reports, funding from balances and more.
Wise Card
Give your team business debit cards to use overseas without foreign currency transaction fees. Save as you spend with your Wise business debit cards. Earn 0.5% on all eligible transactions with all business cards tied to your business account, including your employees’ expense cards.
Invite your employees to order a debit card for just 3 GBP, and pre-set their spending limit. Add them to your business account with controlled access and track their spending in one place. See real-time spending anytime, anywhere.
Wise Interest
Switch to the Wise Interest feature and your account keeps working like a regular current account – while your money goes to work in a fund 100% backed by government assets. Money is at risk if governments fail or interest rates go negative.
The Wise Mission
Wise are building money without borders — making it move faster, more conveniently, and eventually for free. Powering money for people and businesses: to pay, to get paid, to spend, in any currency, wherever you are, whatever you’re doing.
Please follow This URL to sign up to receive your free Business Bank Account!
Testimonial
"I am very impressed with the service that CFS provided for the setup of my Seychelles Company. They made the process very easy and straight forward. I would recommend using CFS"
Individual, Norway
