Wise (TransferWise) Multi-Currency Account review | Finder Ireland
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Wise (TransferWise) Multi-Currency Account review

Last updated:  

Receive and convert 50+ currencies from around the world.

This borderless account may be a good fit for businesses, traders and those living abroad. It works like a multicurrency account, seamlessly exchanging your money when you need to. Wise is upfront about its fees and doesn’t charge commission, but withdrawals at ATMs are limited and it doesn’t support all currencies yet.

This review will cover the pricing and features of Wise’s Multi-Currency Account in Ireland so you can see if it’s the right fit for you.


Maintenance fee


ATM fee

0.35 to 2.2%

Currency conversion fee


Product NameWise Multicurrency Account
Fee periodMonthly
Maintenance fee€0
Account TypeDigital banks
Online account onlyYes
Supported currencies


Card deliveryUp to 14 working days
Go to site
More Info

Must read: Wise has rebranded to Wise

Wise has changed its name to Wise. Nothing will change if you are a current customer.

How does the Wise Multi-Currency Account work?

The Wise Multi-Currency Account (formerly the Wise Borderless Account) is a bank account that lets you hold multiple currencies, spend worldwide and transfer money at better rates than the banks. It’s designed as a global bank to help you manage your finances in multiple currencies and countries.

You will get 10 local bank account details including an IBAN, UK sort code, US routing number and Australian BSB so you can shop and spend like a local in multiple countries at once. You can also hold and convert money in 50+ currencies and transfer money to over 70 countries. If you need access to multiple currencies for travel, to send or receive money from home or to shop online with overseas websites, this multi-currency account is a great option to consider.

Key features

Wise accounts are free to open and come with an assortment of useful features.

  • Local bank details. Your Multi-Currency Account is really multiple accounts in one as you will get local bank details in 10 countries, including the UK, US, Turkey, Australia and Singapore.
  • Spend abroad. You can use your card in 200 countries, with your money being converted into the local currency using the real exchange rate.
  • Multiple currencies. Hold and convert up 50+ currencies in your account.
  • Mobile payments. You can spend in Ireland and abroad using Apple Pay and Google Pay.
  • Low-cost foreign transfers. Wise boasts a transfer rate that is up to seven times cheaper than traditional banks. You can send money to over 70 countries.
  • Debit card security. Freeze and unfreeze your card if it’s lost or stolen, receive spending notifications and access PIN reminders.
  • Multiple language support. You can get help from Wise in a range of languages.

Wise’s currency transfer service

Fees and rates

  • €0 monthly fee
  • There is a currency conversion fee of 0.35 to 2.2% depending on the currency you’re transferring to
  • A one-off €7 fee for your debit card
  • Receive 2 withdrawals up to €200 per month free. Withdrawals over €200 per month cost 1.75% while you will need to pay €0.50 per withdrawal if you withdraw cash more than twice in one month.
  • No fee to spend in currencies held on in your account
  • If you hold more than €15,000 you will be charged 0.40% annually.


If you need to bank using more than one currency, the Wise Multi-Currency Account is definitely one to consider. Not only does it let you hold multiple currencies but you can essentially spend like a local in 10 countries with local bank details. You can also hold up 50+ currencies in your account and transfer money to more than 70 countries.

However, there are some fees to note, including the card delivery fee of €7 and ATM fees if you go over the limit.

The account is worth it for those that will use the international spending features, but there are other digital bank options available if this account comes with too many bells and whistles.

How to sign up for the Wise Multi-Currency Account

It only takes a few minutes to open an account with Wise online, but verifying your identity takes about two days to process. Anyone over the age of 18 and residing in Ireland can sign up for an account.

Here is how to sign up:

  1. Click “Go to Site” from this page to be securely redirected to the Wise website
  2. Enter your email address and password and select your country of residence, then click “Sign up”
  3. Verify your identity using your government ID such as your NRIC, passport or driver’s licence
  4. Add money to your account and order your card. It’s now ready to use!

Compare a range of digital banks in Ireland

Data updated regularly
Name Product Monthly Fee Card delivery Supported currencies
N26 Bank Account
Up to 10 working days


Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
VIALET Current Account


An IBAN account you can use to manage your money and spend in over 200 countries worldwide, fee-free.
Revolut Standard
Up to 9 working days


Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
Wise Multicurrency Account
Up to 14 working days


Wise (formerly TransferWise) is an international account with over 50 currencies, instant and very convenient money transfers, a card to spend in any currency, bank details to be paid in 30 different countries and multi-currency direct debits.

Compare up to 4 providers

Data updated regularly
Name Product Monthly Fee Card delivery Supported currencies
Wirex Multi-Currency Card
Up to 4 business days


Get a Welcome Bonus of 1,000 WXT when you sign up with Wirex through Finder.

A multicurrency account that lets you spend abroad in over 150 currencies and an array of supported cryptocurrencies.
Revolut Premium
Up to 3 working days


A combined current account and IBAN account with unlimited free currency conversions and international transfers in many currencies.
bunq easyMoney Personal
Up to 10 working days


A card linked to up to 25 individual IBAN accounts. Earn interest on all money in your account and benefit from competitive rates and fees.
N26 Smart
Up to 10 working days


A mid-tier, premium subscription plan that comes with a range of essential money management features to help you better manage your finances.

Compare up to 4 providers

Data updated regularly
Name Product Monthly Fee Card delivery Supported currencies
bunq easyTravel Personal
Up to 10 working days


A no monthly-fee card that lets you travel and spend globally using the real exchange rate. Security controls and simple payments.

Compare up to 4 providers

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Privacy Policy.
Go to site