Wise (formerly TransferWise)

Summary
Wise is an international money transfer service and multi-currency account provider. It allows users to send and receive money globally, hold balances in various currencies, and spend with a linked debit card. The platform focuses on low-cost, transparent international transactions for individuals and businesses.
Rationale
The candidate, Wise, explicitly states on its website that it offers multi-currency accounts, the ability to send and receive money internationally, and provides a Wise card (debit card). The website also mentions low fees and fast transfers. The 'Wise Platform' section highlights API integrations for businesses. These features align strongly with the 'must-have' features and some 'other' features in the provided feature list.
Pricing
Freemium
Account Registration
$0.00/ one time
  • Register for a Wise account
Sending Money
Custom Pricing
  • Send money between banks, or from your account
Wise Multi-Currency Card
$9.00/ one time
  • Get a new physical card
  • Spend abroad without foreign transaction fees
  • Pay with the Wise Multi-Currency Card (spend funds in your balance in the same currency online, in-store and abroad safely)
  • Withdraw up to 100 USD per month per account (2 or less withdrawals)
  • ATM fees over 100 USD per month per account: 2% + 1.50 USD per withdrawal
  • Account Funding transactions: 2% (applies to topping up e-wallets and other accounts in certain currencies)
Receiving Money
$0.00/ one time
  • Get account details to receive in 23 currencies
  • Receive domestic payments (non-Swift / non-wire) in AUD, CAD, EUR, GBP, HUF, NZD, SGD, TRY, USD
Receiving USD Wire and Swift Payments
$6.11/ per item
  • Receive USD wire and Swift payments
Receiving GBP Swift Payments
£2.16/ per item
  • Receive GBP Swift payments
Receiving EUR Swift Payments
€2.39/ per item
  • Receive EUR Swift payments
Converting Money
Custom Pricing
  • Hold and convert between 40+ currencies in your Wise Account
Interest Feature (USD)
Custom Pricing
  • Earn interest on USD balances
  • Instant access to money
  • Passthrough FDIC insurance up to $250,000
  • Not available to residents of New York and Alaska
Interest Feature (GBP)
Custom Pricing
  • Earn interest on GBP balances
  • Instant access to money
  • Passthrough FDIC insurance up to $250,000 (combined with USD and EUR)
  • Not available to residents of New York and Alaska
Most Expensive
Interest Feature (EUR)
Custom Pricing
  • Earn interest on EUR balances
  • Instant access to money
  • Passthrough FDIC insurance up to $250,000 (combined with USD and GBP)
  • Not available to residents of New York and Alaska
Features
Must Have

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Multi-Currency Account

Borderless Debit Card

Fast Transfer Execution

Other

API Integration