wise.com

This forum is to discuss anything to do with banks and banking services.
Post Reply
concerned
Veteran
Posts: 229
Joined: Sun Oct 15, 2017 2:05 am

wise.com

Post by concerned »

Hi
Anyone using Wise? I am just wondering what are the advantages?
I had a brief look at their site, seems better exchange rate, and lower transfer fees. They also mention a wise card, not sure if I need that..
Thanks
User avatar
adamu
Sensei
Posts: 2341
Joined: Wed Aug 02, 2017 11:43 pm
Location: Fukuoka
Contact:

Re: wise.com

Post by adamu »

User avatar
RetireJapan
Site Admin
Posts: 4732
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: wise.com

Post by RetireJapan »

Wise is great, been using it for years. Very happy with them.
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
concerned
Veteran
Posts: 229
Joined: Sun Oct 15, 2017 2:05 am

Re: wise.com

Post by concerned »

Thanks! Ben, Adamu, will use this for sure
Aramusha
Newbie
Posts: 16
Joined: Mon Jan 02, 2023 7:07 am

Re: wise.com

Post by Aramusha »

Same here.
Fast, reliable, low fees.
Bubblegun
Veteran
Posts: 669
Joined: Sun May 05, 2019 2:45 am

Re: wise.com

Post by Bubblegun »

I stopped using the Japanese post office to send money to the UK.
WISE. Faster and cheaper and the amount of time I saved from sitting in the post office waiting over the years..... Invaluable!
Baldrick. Trying to save the world.
banders
Veteran
Posts: 171
Joined: Thu Jan 07, 2021 5:27 am

Re: wise.com

Post by banders »

You can also set up pseudo bank accounts in various currencies, with all the codes and numbers you'd get with a normal bank. So, for example, I tell my UK bank to pay to the Wise GBP account, then on the Wise site I transfer it to my Wise JPY a/c with a few clicks (at a favourable E/R), and finally tell Wise to pay my J bank the JPY.
runmanTX
Regular
Posts: 99
Joined: Mon Apr 05, 2021 9:49 am
Location: Yokohama

Re: wise.com

Post by runmanTX »

Another satisfied WISE user here! Have used Shinsei GoRemit and the Post office. Wise is much easier with better rates.
The card is handy as well. Got one for my daughter to use overseas. Very easy to send her money online.
beanhead
Sensei
Posts: 1214
Joined: Sat Jan 30, 2021 1:24 pm
Location: Kanto

Re: wise.com

Post by beanhead »

runmanTX wrote: Thu May 11, 2023 1:32 pm Another satisfied WISE user here! Have used Shinsei GoRemit and the Post office. Wise is much easier with better rates.
The card is handy as well. Got one for my daughter to use overseas. Very easy to send her money online.
I have a Wise card but haven't used it yet.
Is it easy to use as a debit card overseas?
I read that it is sometimes difficult to enable the card in Japan. How did everyone do that?

Thanks in advance.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
runmanTX
Regular
Posts: 99
Joined: Mon Apr 05, 2021 9:49 am
Location: Yokohama

Re: wise.com

Post by runmanTX »

beanhead wrote: Fri May 12, 2023 10:03 am
runmanTX wrote: Thu May 11, 2023 1:32 pm Another satisfied WISE user here! Have used Shinsei GoRemit and the Post office. Wise is much easier with better rates.
The card is handy as well. Got one for my daughter to use overseas. Very easy to send her money online.
I have a Wise card but haven't used it yet.
Is it easy to use as a debit card overseas?
I read that it is sometimes difficult to enable the card in Japan. How did everyone do that?

Thanks in advance.
Sorry as I just saw your reply.
Actually, my daughter doesn't use the Wise card much. She normally uses the Prestia Global pass card.
However, I do sometimes transfer money to her (Wise to Wise acct) for free.
As for the card activation, I'm not sure how she did it. But she hasn't complained about it not working.
This probably doesn't answer your question but........
Post Reply