Business

Wise Business Account - Key Features At a Glance

Markéta Fiala

02.02.24 (updated more than 1 year ago)

Read time 1 minute

Wise Business account key features

One account, low fees, fast payments, no monthly subscription

Wise Business account enables businesses to hold and send money in over 40+ currencies to 140+ countries, with **account details

(only with Wise Business Advanced)

in 9+ currencies**. Whether you'd like to send in multiple currencies, receive or set direct debits, the Wise Business account allows you to do so with fast and transparent international payments. Additionally, the account provides features like holding money in Jars for easier saving or Groups to streamline your digital card expenses, making it a versatile tool for businesses of different sizes. Check out the key features below!

Fees

Opening an account	£50 (Advanced plan) or for free (Essentials plan)
Monthly subscription fee	no

Cards

First card on the account	Free
Cards for team members (cost per card)	3 GBP
Digital cards	✓
Set limits for each team member	✓
Spending alerts	✓
Freeze your card	✓
2 ATM withdrawal under 200 GBP/month	Free

Team management

Multi-user access for better account control	✓
Custom permission levels for team members	✓
Payment approvals	✓

International payments

Choose from 40+ currencies	✓
Paying other Wise customers	✓
Transparent pricing upfront You'll always see what you're paying for	✓
Multi-currency payments Variable fee depending on the currency	fixed fee of 0.21 GBP + variable fee from 0.43%
Batch payment	✓
Receiving money Local details to receive money in AUD, CAD, EUR, GBP, HUF, NZD RON,SGD, TRY and USD (non-wire)	Free
Receiving USD Wire payments	4.14 USD Fixed fee per payment
Scheduled transfers	✓
Direct debits	✓
Request money directly with a payment link	✓
Create and send invoices	Free

£50 (Advanced plan) or for free (Essentials plan)

Additional features

Accounting integrations - QuickBooks, Xero, Sage + more	✓
0.5% cashback with your Wise Business debit card	✓
Wise Interest feature Get a variable rate on your GBP balance Capital at risk. Growth not guaranteed.	✓
Customer support (email or phone)	✓

Accounting integrations - QuickBooks, Xero, Sage + more

✓

0.5% cashback with your Wise Business debit card

✓

Wise Interest feature

Get a variable rate on your GBP balance

Capital at risk. Growth not guaranteed.

✓

Customer support (email or phone)

✓

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QuickPay QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.