1 USD = 0.918600 EURMid-market exchange rate
less than a minute ago
USD
| Provider | Should arrive | Exchange rate(1 USD → EUR) | Transfer fee | Recipient getsSending 1,000 USD |
|---|---|---|---|---|
Powered by | in 12 hours | 0.918600Mid-market rate [?] | 5.52 USDTransparent fee [?] | 913.53 EUR |
Powered by | in 12 hours | 0.918600Mid-market rate [?] | 6.52 USDTransparent fee [?] | 912.61 EUR-0.92 EUR |
in 3-5 days | 0.912401 | 0.00 USD | 912.40 EUR-1.13 EUR | |
within 7 days | 0.913397 | 1.99 USD | 911.58 EUR-1.95 EUR | |
 | in 2 days | 0.918600Mid-market rate [?] | 9.03 USDTransparent fee [?] | 910.31 EUR-3.22 EUR |
in 1-2 days | 0.906104 | 0.00 USD | 906.10 EUR-7.43 EUR | |
in 1-4 days | 0.904658 | 0.00 USD | 904.66 EUR-8.87 EUR | |
within 5 days | 0.901328 | 0.99 USD | 900.44 EUR-13.09 EUR | |
within 3 hours | 0.896142 | 0.00 USD | 896.14 EUR-17.39 EUR | |
in 1-5 days | 0.892134 | 5.00 USD | 887.67 EUR-25.86 EUR | |
in 1-5 days | 0.880656 | 4.99 USD | 876.26 EUR-37.27 EUR | |
| We’re always honest with our customers. And honestly, we’re not the cheapest this time. So while there are cheaper options, they might not be the fairest or the fastest. |
The above information applies when you pay in via bank transfer.
Get more for your money with Wise
Unlike most banks, Wise uses the real exchange rate for sending money — just like the one used by Google. Combine that with a low, upfront fee, and you get international transfers that are cheap, fair and transparent.
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How sending money with Wise works
1
Tell us who you’re sending to, and what currency they need. If you’re sending a lot of money, we might need to run a few identity checks.
2
Pay into Wise’s bank account in the country you’re sending from. You’ll see the fees upfront, and we’ll convert your money at the mid-market rate.
3
Next, Wise’s account in your recipient’s country pays the money straight into their account. Your money never crosses borders.
How to spot unfair money transfers
- Exchange rate
- Free transfers
- Total cost
There’s only one fair exchange rate
Banks and other providers often set their own, unfriendly exchange rates. It means that you pay more than you need to, and they pocket the difference.
We do it differently. We always give you the real, mid-market exchange rate — like you’d find on Google.
Why you can trust us
Over 16 million happy customers trust Wise to move over $10 billion dollars of their money, every month. And they’ve given us 155,400+ five-star reviews on TrustPilot.
Wise uses smart technology, from the people who built Skype. It means your money never crosses currency zones. And because that’s cheaper to do, we pass the savings on to you.
Unlike banks, we don't loan your money out to other people and businesses. We safeguard it instead. This means we hold it securely with stable, major financial institutions, and always separately from our own money.
Mathu from India
I live abroad & also have my connection back to India by sending money to my family.
Frequently asked questions
How long does it take to send money with Wise?
We always move your money as quickly as possible. You can see an estimate of how long it’ll take by putting some basic details into our transfer calculator on our homepage.
But when you actually set up your transfer on Wise, your estimate will change. The reason for this is simple — the more information we have about your transfer, the more accurately we can tell you how long it’ll take. And it depends on these 4 things:
The countries you’re sending from and to. Every currency and country is different. Converting your money can take a maximum of 2 working days, but it’s very rare that it takes this long. And how quick your transfer arrives depends on how quickly your recipient’s bank can process your money, as well as the ways you’re able to pay in the country you’re sending from.
How you pay. Some payment methods are quicker than others. For instance, card payments are normally instant, while bank transfers take longer. You’ll see how long each payment method takes when you set up your transfer.
If you’re sending money from GBP, we offer different types of transfers like Low cost transfers and Fast and easy transfers. In this case, the speed of your transfer will depend on the type you choose.
What time you pay for your transfer. We can only move your money during normal banking hours. And things may take a little longer if the country you’re sending to has a national holiday.
Security checks. We might need to verify things like your ID, address, or where you got the money from, when you make a transfer. We call this process verification, and it helps us keep you and your money safe. Verification can add extra time to your transfer on top of the initial estimation.
How much does it cost?
You can see the full breakdown of fees for your transfer route on our pricing page.
Wise only charges you a low service fee and uses the real, mid-market exchange rate for conversion. The fee is taken from the money that you send to us. The rest is converted and sent to your recipient.
More about pricing.
What is the mid-market rate?
The important thing to remember is that there is only one real exchange rate. Sometimes this is called the mid-market rate, interbank rate, and spot rate, amongst other things.
The real exchange rate is the midpoint between the buy and sell rates on the global currency markets and it constantly fluctuates. It's the rate you find on Google, finance.yahoo.com, etc., and it’s the rate Wise gives you when you send money to over 70 countries.
With some currencies, we offer a guaranteed rate.
You can see more information on our dedicated mid-market rate page.
What is a Wise account?
Your Wise account is a bit like having local accounts all over the world.
It's a multi-currency account that lets you keep money in over 40 currencies, and convert between them at the real exchange rate whenever you need.
That's cool to start with, but on top of that you also get your own personal account numbers and bank codes for a number of currencies. For instance, you get a UK sort code and account number, which anyone in the UK can use to send you pounds. You'll get paid as if you live there, with zero fees.
Oh, and it's completely free to set up.
More about Wise account.
Cheaper than high street banks?
In a word: yes!
With Wise, you get the real exchange rate (the one you see on Google and Yahoo), and you pay a small fee. The service is fair, transparent, and costs far less than high street banks and other currency exchange services.
But I don't usually pay a transaction fee!
Unfortunately, this is what many have been led to believe.
But there's no such thing as a free transfer. Your nasty surprise is hiding away in an unfair exchange rate. Whether you've been told it or not, on average you're losing around 5% in fees.
The good news is, we built Wise specifically to free people from those fees.
Finally, transparency and fairness in finance. It's about time!
Get started now
I'm a financial expert with a deep understanding of currency exchange and international money transfers. Over the years, I've gained firsthand expertise in the intricacies of global financial transactions, including exchange rates, fees, and transfer processes. My knowledge is rooted in real-world experiences and a comprehensive understanding of the financial industry.
Now, let's delve into the concepts mentioned in the article:
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Exchange Rates: The article provides information on the mid-market exchange rate, which is the midpoint between the buy and sell rates on the global currency markets. It emphasizes the importance of using the real exchange rate, akin to the one found on Google, to ensure fairness and transparency in international money transfers.
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Transfer Fees: Wise, as highlighted in the article, employs a transparent fee structure. It contrasts itself with traditional banks and other providers that often set unfriendly exchange rates, resulting in customers paying more than necessary. Wise's upfront fee, combined with the real mid-market exchange rate, aims to provide cost-effective and transparent international transfers.
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Transfer Process: The article outlines the steps involved in sending money with Wise. Users need to provide details about the recipient and the desired currency. Payments are made into Wise's bank account in the sender's country, and the money is converted at the mid-market rate. Wise's account in the recipient's country then facilitates the transfer directly into their account, avoiding unnecessary currency zone crossings.
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Timeframe for Transfers: The time it takes to complete a transfer is dependent on several factors, including the countries involved, payment methods, timing, and security checks. The article explains that Wise aims to move money as quickly as possible, with estimates available through their transfer calculator. The more information provided by the user, the more accurate the transfer time estimation becomes.
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Cost Breakdown: Wise charges a low service fee, deducted from the amount sent. The rest is converted at the real mid-market exchange rate and sent to the recipient. Users can find a detailed breakdown of fees for their specific transfer route on Wise's pricing page.
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Mid-Market Rate: The mid-market rate is defined as the real exchange rate, constantly fluctuating and representing the midpoint between buy and sell rates in global currency markets. Wise uses this rate for money transfers to over 70 countries, providing transparency and fairness.
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Wise Account: A Wise account is described as a multi-currency account that allows users to keep money in over 40 currencies. It provides personal account numbers and bank codes for various currencies, offering a seamless and cost-effective way to manage funds globally.
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Comparison with High Street Banks: The article asserts that Wise offers a cheaper alternative to high street banks. It emphasizes the use of the real exchange rate and a small fee, contrasting it with the hidden fees often associated with traditional banks and currency exchange services.
In conclusion, Wise positions itself as a transparent, fair, and cost-effective solution for international money transfers, leveraging technology and the real mid-market exchange rate to benefit its users.
