Hello, beautiful readers new and old of my blog; Thinglish Lifestyle! If you’re a traveller, expat, freelancer, or digital nomad living in Thailand, managing your money across borders can be quite the challenge.

Whether you’re sending money home, paying for services abroad, or getting paid for your remote work, you need a reliable and cost-effective solution. Enter Wise, the game-changing platform that makes transferring money internationally online a breeze.

In this article, we’ll dive deep into what Wise is, the services it offers, and why it’s a fantastic choice for anyone dealing with international finances.

What is Wise?

Wise, formerly known as TransferWise, is an online money transfer service that aims to provide a fair and low-cost way to send money internationally. Founded in 2011, Wise has revolutionised the way we think about cross-border payments by offering transparency, competitive exchange rates, and lower fees compared to traditional banks. With over 10 million customers and handling over £4.5 billion in transactions every month, Wise is a trusted name in the world of international finance.

Wise Debit Card Review

Services Provided by Wise

Wise offers a range of services designed to meet the needs of individuals and businesses alike. Here’s a closer look at what you can expect:

1. International Money Transfers

This is the core service of Wise. You can send money to over 80 countries with real exchange rates and low, transparent fees. Whether you’re supporting family back home or paying for services abroad, Wise makes it simple and cost-effective.

2. Multi-Currency Accounts

The Wise multi-currency account, also known as the Borderless account, allows you to hold and manage money in over 40 currencies. You get local bank details for various countries, making it easy to receive payments as if you had a local bank account.

3. Debit Card

The Wise debit card lets you spend money directly from your multi-currency account. You can use it to make purchases online, in-store, or withdraw cash from ATMs, all at the real exchange rate with low conversion fees.

4. Business Solutions

For freelancers and businesses, Wise offers services such as batch payments, API integration, and seamless invoicing through partnerships with accounting software like Xero. This helps you manage your international finances efficiently.

Wise is regulated by financial authorities in several countries, including the Financial Conduct Authority (FCA) in the UK and the Financial Crimes Enforcement Network (FinCEN) in the US. This regulatory oversight helps ensure the safety and security of customer funds.

Benefits of Using Wise to Transfer Money Internationally Online

Now, let’s get to the juicy part – why you should consider using Wise for your international money transfers. Here are some compelling benefits:

fastest way to transfer money internationally - Wise

Wise – Low fees and fast transfers.

1. Low Fees and Transparent Pricing

One of the biggest draws of Wise is its low, transparent fees. Traditional banks often charge hefty fees and offer poor exchange rates. Wise, on the other hand, charges a small, upfront fee and uses the real exchange rate. This means more of your money reaches its destination.

2. Fast Transfers

Speed is crucial when transferring money internationally. Wise offers fast transfer times, with many transfers being completed within a day. Some even arrive within a few hours, depending on the destination and payment method. I’ve often seen them complete in a matter of minutes on many occasions.

3. Security and Reliability

Wise is regulated by financial authorities around the world, ensuring your money is in safe hands. They use advanced security measures to protect your funds and personal information, giving you peace of mind with every transaction.

4. Easy to Use

The Wise platform is user-friendly and intuitive. You can easily set up transfers, manage your multi-currency account, and track your transactions through the mobile app or website. It’s designed to be hassle-free, even for those who aren’t tech-savvy.

5. Excellent Customer Support

Should you run into any issues, Wise offers excellent customer support through multiple channels, including live chat, email, and phone. Their support team is known for being responsive and helpful, ensuring any problems are resolved quickly. I can vouch for customer service too. It makes PayPal look like they are in the stone age.

Transfer Money Internationally Online: How Wise Stands Out

When it comes to transferring money internationally online, Wise truly stands out from the crowd. Here’s why:

Real Exchange Rates

Many banks and money transfer services make a profit by offering poor exchange rates. Wise, however, uses the real mid-market exchange rate – the rate you see on Google. This transparency means you get more value for your money. Here’s a Wise debit card Reddit thread that goes into this with real world examples.

Multi-Currency Convenience

With Wise’s multi-currency account, you can hold and manage multiple currencies in one place. This is incredibly convenient for digital nomads, freelancers, and expats who deal with various currencies regularly. You can receive payments in different currencies without worrying about conversion fees each time.

Seamless Integration for Businesses

For businesses, Wise offers powerful tools to streamline international payments. The integration with accounting software like Xero, combined with the ability to make batch payments and use APIs for custom solutions, makes managing international finances a breeze.

Wide Availability

Wise is available in over 80 countries and supports more than 1,500 currency routes. This wide availability ensures that you can send and receive money almost anywhere in the world, making it a versatile solution for global travellers and expats.

Pros and Cons of Using Wise to Send Money From Abroad and to Abroad


  • Low Fees: Wise charges lower fees compared to traditional banks and many other money transfer services.
  • Real Exchange Rates: No hidden markups on exchange rates.
  • Speed: Fast transfer times with many transactions completed within a day.
  • Security: Regulated by financial authorities and uses advanced security measures.
  • User-Friendly: Easy to use with a straightforward interface.
  • Multi-Currency Accounts: Hold and manage over 40 currencies in one account.
  • Business Solutions: Ideal for freelancers and businesses with international clients.


  • Not Available Everywhere: While Wise supports many countries, there are still some regions where it’s not available. Currently these are Afghanistan, Belarus, Burma (Myanmar), Central African Republic, Republic of Congo, Cuba, Iran, Iraq, Lebanon, Libya, North Korea, South Sudan, Sudan, Syria, Venezuela and Yemen.
  • Transfer Limits: There may be limits on how much you can transfer at once, depending on the destination and payment method.
  • Fee for Debit Card: There is a small fee for ordering the Wise debit card.


We started Wise because we knew there was a better way to send money abroad, one that wasn’t hiding fees in unfair exchange rates. – Kristo Käärmann, Co-Founder of Wise

Wise App - send money abroad Wise App

FAQs About Wise

How long does it take to transfer money with Wise?

Transfer times vary depending on the destination and payment method. Many transfers are completed within a day, and some can arrive within a few hours.

Is Wise safe to use?

Yes, Wise is regulated by the Financial Conduct Authority around the world and uses advanced security measures to protect your funds and personal information.

Can I use Wise for business payments?

Absolutely! Wise offers a range of business solutions, including multi-currency accounts, batch payments, and integration with accounting software such a Xero.

What currencies can I hold in a Wise account?

You can hold and manage money in over 40 currencies with Wise’s multi-currency account.

Are there any hidden fees with Wise?

No, Wise is transparent about its fees. You’ll see the cost upfront before you make a transfer, and there are no hidden charges.

Can I get a Wise debit card?

Yes, Wise offers a debit card that you can use to spend money directly from your multi-currency account, both online and in-store.

Pay It Forward

If you’re a traveller, expat, freelancer, or digital nomad dealing with international finances, Wise is a fantastic option to consider. With its low fees, real exchange rates, and user-friendly platform, it makes transferring money internationally online simple and cost-effective.

Whether you’re sending money home, paying for services abroad, or getting paid for your work, Wise has the tools to make your financial life easier.

However, it’s worth noting that Wise isn’t the only game in town. For those of you who are tech-savvy and open to exploring other options, Bitcoin presents an intriguing alternative.

As a peer-to-peer payment system, Bitcoin allows for seamless sending and receiving of money from anywhere in the world. The beauty of Bitcoin lies in its decentralised nature, which eliminates the need for banks and other intermediaries, potentially reducing costs and increasing the speed of transactions.

That said, Bitcoin comes with its own set of challenges, including price volatility and the need for a certain level of technical know-how to manage it securely. If you’re comfortable navigating these waters, Bitcoin could be a powerful tool in your financial toolkit alongside Wise.

So, why not give Wise a try? Do your own due diligence and sign up through my affiliate link here and start enjoying the benefits today. You’ll get a fee-free transfer up to THB 20,000 when you sign up with my link. And if you’re feeling adventurous, dive into the world of Bitcoin and see how it can complement your financial strategies. Happy transferring!

Wise – Transfer Money Internationally Online Fast & Easy

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