Wise Business Fees 2026: Setup, Receiving and Conversion

Quick answer: Wise Business fees in 2026 start with a one-time 31 USD setup fee and no monthly fees. Receiving USD by ACH is free, while USD wires and Swift payments cost 6.11 USD each. Currency conversion starts from 0.23% at the mid-market rate, card spending is free in held currencies, and ATM withdrawals are free up to 250 USD a month.

Wise Business is popular with freelancers, agencies and small exporters who invoice clients in other currencies. Its appeal is simple: local account details in many currencies and conversion at the real exchange rate with a visible fee. This guide walks through every Wise Business fee from Wise's own US pricing page, works through real payments, and shows when Wise is cheaper than the alternatives. To send an invoice that lists your Wise account details, use our free invoice generator.

Wise Business Fees at a Glance

Fee	Wise Business (US pricing, 2026)
Registration	Free
One-time setup for full features	31 USD
Monthly fee	None
Receive USD by ACH (domestic, non-wire)	Free
Receive USD by wire or Swift	6.11 USD per payment
Receive GBP by Swift	2.16 GBP per payment
Receive EUR by Swift	2.39 EUR per payment
Currency conversion	From 0.23%, varies by currency
Card spending	Free
Top up external e-wallets with card	2%
ATM withdrawals	Free to 250 USD a month, then 1.95 USD + 1.95%

Figures come from Wise's US business pricing page. Wise's business landing page also states that registration is free with no subscriptions or monthly fees, and that you can get paid in 22 currencies. Pricing differs by country, so check the version for your region.

Wise Business Setup and Account Fees

Opening a Wise Business account costs nothing to register. To unlock the full set of features, including local account details for getting paid, Wise's US pricing page describes a single setup fee of 31 USD. There is no monthly or annual plan, which makes Wise unusually cheap to keep if your international work is seasonal.

That compares well with accounts that charge a recurring plan fee, and with Payoneer, which charges $29.95 a year to low-activity accounts. See our guide to Payoneer fees for that side of the comparison, and Revolut Business vs Wise if you are weighing a plan-based account.

Wise Business Receive Fees

Receive fees depend on how the money arrives, not who sends it.

Local transfers: usually free

When a US client pays your USD account details by ACH, Wise lists it as free. This is the cheapest way to be paid, and it works the same way as a client paying any domestic US bank. For how ACH compares with wires, read ACH vs wire transfer.

Wires and Swift: a fixed fee

If the client sends a domestic wire or an international Swift payment in USD, Wise charges a fixed 6.11 USD per payment. Swift payments in GBP cost 2.16 GBP and in EUR 2.39 EUR. Swift payments can also lose money to intermediary banks before they reach Wise, which is outside Wise's control. Our sibling guide on routing number vs account number helps clients choose the right details for ACH versus wire.

Tell clients which method to use

Many clients default to a wire because it feels safer. Put a line on your invoice such as "Please pay by ACH to the account details below" to avoid the wire fee.

Wise Business Conversion Fees

Conversion is where Wise differs most from banks and payment apps. Wise converts at the mid-market rate, the rate you see on financial news sites, and charges a visible percentage that starts from 0.23% and varies by currency. You see the exact fee and the amount you will receive before confirming.

Why this matters: many banks and payment platforms quote a "no fee" conversion but use an exchange rate a few percent worse than mid-market. That hidden spread is often larger than any visible fee. Our guide to cross-border payment fees explains how to spot it.

You also choose when to convert. You can hold EUR or GBP in your balance and convert later, or spend it directly with the card, avoiding conversion altogether if you have costs in that currency.

Worked Example: A Month of International Payments

A US design studio receives three payments in a month. For illustration, assume a conversion fee of 0.5% on EUR to USD and a mid-market rate of 1 EUR = 1.08 USD; check the live rate and fee in your account.

1. US client pays $5,000 by ACH: receive fee free, so the full $5,000.00 arrives.
2. Another US client pays $5,000 by domestic wire: fee 6.11 USD, so $4,993.89 arrives.
3. German client pays 3,000 EUR by Swift: fee 2.39 EUR, so 2,997.61 EUR arrives.
4. Convert the EUR: 2,997.61 × 0.5% = 14.99 EUR fee, leaving 2,982.62 EUR to convert.
5. At 1.08: 2,982.62 × 1.08 = $3,221.23.

Total Wise fees on the EUR payment: 2.39 + 14.99 = 17.38 EUR, or about 0.58% of 3,000 EUR. Across the month, the fees are 6.11 USD plus 17.38 EUR, and the one-time 31 USD setup fee is paid only once.

Now compare a platform that adds a 1.50% international fee and a 3% spread on conversion. On the same 3,000 EUR, that would be roughly 45 EUR plus about 90 EUR of spread, around 135 EUR in total, nearly eight times Wise's cost. Results vary by provider, which is why our Wise vs PayPal guide compares them on real invoices.

When you invoice the German client, state the currency, the total in EUR and your EUR account details. Our foreign currency invoice guide covers which currency to bill in, and our UK invoice generator suits GBP-billed clients.

Wise Business Fees by Payment Method

The same $10,000 from a US client costs very different amounts depending on how it is sent and whether you convert it. This table uses Wise's published receive fees and, for conversion, an illustrative 0.5% fee.

Scenario ($10,000 from a US client)	Receive fee	Conversion fee at 0.5%	Total Wise fees
ACH, kept in USD	$0.00	$0.00	$0.00
Domestic wire, kept in USD	$6.11	$0.00	$6.11
ACH, converted to another currency	$0.00	$50.00	$50.00
Wire, converted to another currency	$6.11	$49.97	$56.08

Two lessons stand out. First, the receive fee is small and fixed, so it barely matters on large payments. Second, conversion is the real cost, which is why holding currencies you will spend and converting only what you need saves the most.

Adding Wise account details to your invoice

1. Open your Wise Business account and choose the balance in the client's currency.
2. Copy the account details shown for local transfers, and separately the details for Swift if the client is abroad.
3. Paste them into the payment section of your invoice with the account holder name exactly as shown.
4. Add a line telling the client which method to use, for example "Please pay by ACH."
5. Ask the client to quote the invoice number as the payment reference so you can match it quickly.

Wise Business Card and ATM Fees

• Card spending: free in a currency you hold; a conversion fee applies if Wise needs to convert to pay.
• External e-wallet top-ups: 2%.
• ATM withdrawals: no Wise fee up to 250 USD per calendar month, then 1.95 USD plus 1.95% per withdrawal. ATM operators may add their own charges.

The card is most useful for paying foreign-currency software subscriptions and suppliers directly from the matching balance.

Wise Business vs Payoneer vs PayPal

Factor	Wise Business	Payoneer	PayPal
Setup or annual cost	31 USD once, no monthly fee	$29.95 a year if under $6,000 received	No setup fee
Receive local USD	Free by ACH	Free into USD receiving account	Not a bank-detail model
Conversion	From 0.23% at mid-market	1.2% to 4% on withdrawal	Spread on conversion
Card payments from clients	Not the main use	Up to 3.99% + $0.49	2.99% + $0.49, plus 1.50% international
Best for	Low-cost conversion	Marketplaces, wide country coverage	Clients who insist on PayPal

Our Wise vs Payoneer guide goes deeper, including country availability, which can rule out one option entirely.

What Wise Business Fees Cost Over a Year

Per-payment fees look small, so it helps to annualise them. Take a freelancer who is paid 2,500 EUR a month by a European client via Swift and converts it to USD, assuming an illustrative 0.5% conversion fee.

1. Swift receive fee: 12 × 2.39 EUR = 28.68 EUR a year.
2. Amount left to convert each month: 2,500 − 2.39 = 2,497.61 EUR.
3. Monthly conversion fee: 2,497.61 × 0.5% = 12.49 EUR; yearly 12 × 12.49 = 149.88 EUR.
4. Total yearly Wise fees: 28.68 + 149.88 = 178.56 EUR on 30,000 EUR, about 0.6%, plus the one-time 31 USD setup fee in year one.

If the client paid the freelancer's EUR account details by a local euro transfer instead of Swift, the receive fee line could fall away. Check the current fee for local EUR receipts in your account, since the pricing page lists Swift fees specifically.

Who Wise Business Suits

• Freelancers and agencies with clients in the US, UK, EU or other major currency areas who want local account details and cheap conversion.
• E-commerce and SaaS businesses that collect revenue in several currencies through a processor and need a low-cost way to convert and pay suppliers.
• Businesses with foreign costs, such as contractors or software paid in EUR or GBP, that can pay from held balances.

Wise Business is less suitable if your clients insist on paying by card, if you are paid mainly by marketplaces that integrate with other providers, or if Wise does not fully serve businesses in your country. Freelancers in Pakistan, for example, often rely on alternatives; see our guide to receiving payments from abroad in Pakistan.

Common Wise Business Fee Mistakes

1. Letting clients send wires by default when a free local transfer was possible.
2. Billing in your own currency so the client's bank converts at a poor rate, which can lead to short payments.
3. Converting money you will spend in the same currency later, paying two conversion fees instead of none.
4. Ignoring intermediary bank deductions on Swift payments; ask clients to cover their side's charges and record any shortfall.
5. Recording only net receipts, which hides the true cost of being paid.

How to Keep Wise Business Fees Low

1. Ask clients to pay local details, such as ACH for USD, instead of wires or Swift.
2. Invoice in the client's currency so the client does not pay a conversion fee at their bank and you control when to convert.
3. Hold currencies you spend. Pay EUR costs from your EUR balance instead of converting twice.
4. Convert in larger batches when the rate suits you; fees are percentage-based, so batching mainly saves time, but it keeps records simpler.
5. Stay under the ATM allowance and avoid e-wallet top-ups with the card.
6. Record fees separately so your books show gross income and the cost of receiving it.

Is Wise Business Worth It?

For most businesses that invoice in more than one currency, yes. The one-time setup fee is recovered quickly if you would otherwise pay a bank's exchange spread or a platform's international fee. Wise is weakest where you need card acceptance, deep marketplace integrations or full service in a country Wise does not cover. In those cases, pair it with a card processor or use an alternative.

Keep your records clean either way. Record the gross invoice amount as income, Wise's receive and conversion fees as expenses, and note the exchange rate for each conversion. Wise statements show the rate and fee on every transaction, which makes this straightforward. This is general information, not tax or accounting advice.

Invoicing Clients Who Pay Into Wise

A good international invoice lists your Wise account holder name, account details for the client's currency, the invoice currency and total, your invoice number, and payment terms. For tax and cross-border issues, see how to invoice international clients. If you also take cards through a processor, our guide to payment methods for small business explains how to combine them.

Create an Invoice With Your Wise Account Details

Wise Business fees are low and transparent: a one-time 31 USD setup, free ACH receipts, fixed fees for wires and Swift, and conversion from 0.23% at the mid-market rate. The biggest savings come from telling clients exactly how to pay. Build an invoice with your Wise details in our invoice generator, or choose the Nordic invoice template for a clean international look. Your finished invoice downloads as a PDF, free and with no sign-up.