Get an account for free online, and use your free local bank details to receive payments in British pounds, euros, Australian, New Zealand and Singapore dollars with no fee to pay. If you receive international payments frequently, another alternative is to use the Wise multi-currency borderless account. That can mean lower fees for them - and more money in the end for you. You’ll benefit from the real mid-market exchange rate with no markups, and your sender will only pay a low, transparent fee. Sending money with Wise is simple - and all arranged online. That may mean you get less than you expect when someone sends you money from overseas.Ī smart way around this problem is to ask your sender to use Wise to process your payment. Receive international payments from over 30 countries with WiseĪs we mentioned above, international payments can be blighted by inflated exchange rates and high bank fees. For major global currencies you may receive your money in a day or two, but it’s common to have to wait 3 - 5 days for the payment to arrive. The exact length of time it takes to receive an international payment depends on the currency and payment route. How long does it take to receive an international wire transfer?
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