A scheduled transfer is a one-time payment you set up to be sent at least 2 days in advance. A standing order is a recurring scheduled payment (like a monthly rent payment or weekly allowance).
There is no limit on how far in advance you can schedule a transfer.
When you schedule a transfer, the date you choose is when Wise sends the money, not when your recipient receives it. We will give you an estimate on when your recipient will receive the money when you set up the transfer.
How do I schedule a transfer?
You can set up and manage scheduled transfers on the website or the Wise app.
Select Send money.
Choose an existing recipient or add a new one.
Enter the amount and choose your currency.
Select the Schedule button (next to the estimated arrival time).
Pick your start date, frequency (one-time or recurring), and end date.
Select Set schedule, then Continue.
Review your transfer details and select Schedule transfer.
Note for Wise Business accounts: Depending on your Multi-User Access (MUA) permissions, your transfer may require approval from another user before it can be sent.
What exchange rate and fees will I get?
Because we send your money in the future, we cannot guarantee a rate at the time you schedule the transfer.
Mid-market rate: We use the live mid-market rate available on the morning your transfer is executed (between 07:00–09:00).
Fees: We calculate the fees based on the rate and the amount at the time of execution.
Fixed amounts: If you set a fixed target amount (exactly what your recipient gets), we recommend having an extra 3% in your balance to cover rate changes. We only take what is needed.
When will my money be sent?
We process transfers between 07:00–09:00 based on the timezone in your profile address.
Monthly transfers on the 30th or 31st
If you schedule a monthly transfer for a date that doesn't exist in the upcoming month, we will send it on the last day of that month.
For example a transfer scheduled for 30 January will be sent on 28 February (or 29 February in a leap year).
Weekends and holidays
If your bank doesn't process payments on weekends or holidays, we’ll send the money on the next working day.
External bank accounts (USD & CAD only)
The scheduled date is when we pull the money from your bank. It usually takes 1–4 working days to reach Wise, and you will see the debit in your bank account within 2–3 working days.
How do I check, cancel, or edit my transfer?
Check your transfer: You can manage your payments by going to Payments and then Scheduled transfers.
Cancel your transfer: Select the transfer from the Scheduled transfers list and choose Cancel transfer. You must cancel by 23:59 the day before the transfer is scheduled to be sent.
Edit your transfer: You cannot edit a schedule once it is set. If you need to change the amount, date, or recipient, please cancel the transfer and set up a new one. This is the same for one time transfers or recurring scheduled payments.
Why did my scheduled transfer fail?
If your transfer fails, we’ll notify you. Common reasons include:
Insufficient funds: You didn't have enough money in the specific currency. Wise does not automatically pull from your other currencies to cover a scheduled transfer.
Pending approval: For business accounts, the transfer wasn't approved by an authorized user in time.
Direct Debit issues: Problems with ACH (US) or Direct Debit (Canada) connections.
Are there any restrictions?
Currency limits: You can schedule transfers from Chinese Yuan (CNY), but you cannot schedule transfers to CNY.
Singapore accounts: For personal accounts, transfers must be below 5,000 SGD, up to 30,000 SGD per year.
See which currencies you can send