Wise Overview & Guide - How to Send & Receive Money Internationally with Low Fees & No Markup! 2024

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  • Опубліковано 31 тра 2024
  • ✅ Get a Fee-Free Transfer of up to $1000AUD (or the equivalent) here: wi.se/vqenl7
    Contents
    0:00 - Intro
    0:25 - What is Wise?
    1:00 - How does Wise Work?
    3:48 - Different Use Cases & How you can save money
    6:56 - How to Create a Free Account
    8:03 - How to Transfer Money Internationally
    15:18 - Other Important Features of Wise (Multi-Currency Account & Debit Card)
    Affiliate Disclaimer: Some of the links above are affiliate (referral) links which means if you do click and purchase through them, then I may receive a commission. This helps support the free content on this channel.
  • Навчання та стиль

КОМЕНТАРІ • 173

  • @HoganChua
    @HoganChua  10 місяців тому +6

    💡Learn everything you need to know about Wise (Formerly known as TransferWise)
    ✅ Get a Fee-Free Transfer of up to $1000 AUD (or the equivalent) here: wi.se/vqenl7
    Contents
    0:00 - Intro
    0:25 - What is Wise?
    1:00 - How does Wise Work?
    3:48 - Different Use Cases & How you can save money
    6:56 - How to Create a Free Account
    8:03 - How to Transfer Money Internationally
    15:18 - Other Important Features of Wise (Multi-Currency Account & Debit Card)

  • @JordanPamelaTisor
    @JordanPamelaTisor 27 днів тому +56

    I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

    • @Gavingeed
      @Gavingeed 27 днів тому

      Though I started with £15,000 actually because it was my first time and it was successful.

    • @larrywrens4419
      @larrywrens4419 27 днів тому

      She is really a good investment advisor.
      I was privileged to attend some of her seminars, that's how I started my crypto investment

    • @PatrickElliot-vg6tw
      @PatrickElliot-vg6tw 27 днів тому

      Investing $15,000 and received $174,000

    • @MaryJane-pe3pb
      @MaryJane-pe3pb 27 днів тому

      Mrs Anna Duke is gradually getting the recognition she rightly deserves. She's worked for it and this is only a testament of her good works for families

    • @ahmedzakarifah9170
      @ahmedzakarifah9170 27 днів тому

      I'm glad to write her today I do hope she will help me handle my paycheck properly☺️☺️☺️

  • @mayamaya706
    @mayamaya706 5 місяців тому +10

    Checked out a few videos on Wise, and your video by far is the most comprehensive one on Wise. Great job!

  • @tedjohnson4451
    @tedjohnson4451 2 місяці тому +1

    Thanks! I'm headed to the Philippines in November 2024... Wise will be an excellent Tool to have.

  • @SuchACuriousMind
    @SuchACuriousMind 3 місяці тому +1

    Your explanation was very helpful! Thank you!

  • @polashadhikari5761
    @polashadhikari5761 8 місяців тому +3

    This is such a wonderfully detailed explanation with real world use cases. You also explained the security aspects. Subscribed and looking forward to more content.
    Can you discuss the business account and the accounting software you recommend?

  • @pani.odszkodowania
    @pani.odszkodowania 6 місяців тому +3

    Thanks for the video, it was very helpful

  • @RogerPRalliance
    @RogerPRalliance Місяць тому

    Great explanation by taking the viewer through sample transactions. I now have better understanding of how this works.

  • @m.ehtizan
    @m.ehtizan 10 місяців тому +1

    Hey Hogan, I just watched your video and I must say that it was really informative and well-made. I was wondering if I could help you edit your videos and also make highly engaging shorts out of them?

  • @anjamalu
    @anjamalu 2 місяці тому +1

    Very informative video. Thanks!

  • @WayneDawkinsThePartyMan
    @WayneDawkinsThePartyMan 2 місяці тому

    Great information because this will reduce hassles with currency conversions in some countries. For instance in the Philippines most places will refuse Dollars that are older than 2013, dollars with a little ink blemish or otherwise. Not to mention the one million questions you will be asked and the payee checking each dollar 1000 times before giving you your money. Other crazy hassles too long for me to detail here. So WISE is the way to go.

  • @totoro0404
    @totoro0404 3 місяці тому +2

    Thank you for sharing this value information.

  • @user-sy8pp4cq3z
    @user-sy8pp4cq3z 6 місяців тому

    Amazing Video, very helpful. Is it best to load up a foreign currency account before travelling or let the conversion be whenever you use the card from your home currency? Which we we save the most?

  • @kevinp9110
    @kevinp9110 10 місяців тому

    hey hogan, I followed your Themify blogging site tutorial, I have been using the site for 1 year now. The problem am facing is the site has become unbearably slow for admin, I could barely do anything, uploading an image of 90 kb hangs forever. Do you face similar issue? What do you think I should do about it?

  • @TrajektoryGaming
    @TrajektoryGaming 3 місяці тому +1

    Hey man very informative video!
    I have one question, it is possible for a receiver to receive a payment if he/she doesn't have a wise account...But are there any benefits of having a wise business account for the receiver too?

  • @globetrotter6219
    @globetrotter6219 3 місяці тому

    Hi Hogan, Does Wise offer a way to send yourself some money while travelling in a foreign country for cash pickup at a local bank in the local currency ?

  • @fangstarsturkey18
    @fangstarsturkey18 10 місяців тому +1

    Thank you Hogan for this tutorial

  • @chinsoo369
    @chinsoo369 3 місяці тому

    Thank you for the info. Can we receive IDR without converting to AUD?

  • @IamMC939
    @IamMC939 7 місяців тому +1

    Thanks for the video, very helpful!

    • @HoganChua
      @HoganChua  7 місяців тому

      Glad it was helpful!

  • @m.macdog5113
    @m.macdog5113 4 місяці тому +2

    Thanks for doing this. Every time I see these videos I learn something....😊

  • @mayamaya706
    @mayamaya706 5 місяців тому +2

    I have a question: How do I transfer money from my overseas account to say an Australian account using Wise? I am clear about sending money to 3rd party using Wise, but what about your receiving money from your own account overseas?

  • @growwithatharva8845
    @growwithatharva8845 5 місяців тому

    Hi Hogan,
    If someone sends me money on WISE. Can I transfer that money to my local bank account? or will I just be able to use it with the WISE card.

  • @md.mustakimahmed1440
    @md.mustakimahmed1440 8 місяців тому +2

    Hogan!
    You do create inspiring videos. I love your videos.

    • @HoganChua
      @HoganChua  8 місяців тому +2

      I appreciate that!

  • @HealthglowsNet
    @HealthglowsNet 2 місяці тому +1

    Thank you for this detailed and excellent explanation!

    • @HoganChua
      @HoganChua  2 місяці тому

      Glad it was helpful!

  • @mariagarza2492
    @mariagarza2492 4 місяці тому

    For a large amount do they take out sender or reciver fee from amout and send the reciver the difference

  • @kenlee5461
    @kenlee5461 9 годин тому

    Very good video. Can you link a digital card to Google Pay? If I load it up with Japanese yen, then can I use Google Pay to pay for stuff when I'm in Japan, through the digital card?

  • @ChocolateMediaFilm
    @ChocolateMediaFilm 3 місяці тому

    could you do a video on payment requests adn how that works?
    seem to have over looked that...
    thanks for this video

  • @stevehk1800
    @stevehk1800 4 місяці тому +4

    I had no idea this was a thing. I travel a lot and this looks perfect. Great review and well explained. I have used your link. Thanks.

    • @HoganChua
      @HoganChua  3 місяці тому

      Awesome, thank you!

  • @user-nl8jp2mi4p
    @user-nl8jp2mi4p 8 місяців тому

    Very helpful - thank you! However I used your link to send a transfer and didn't get the fee-free as mentioned. 😞

  • @allisonchhoeun5085
    @allisonchhoeun5085 5 місяців тому

    Hi Hogan, I am running into issues with validating my account. It’s for the company I am working for and every time I tried to validate it, it won’t move past the “who are you paying” section. Any suggestions?

  • @braxton6680
    @braxton6680 8 місяців тому

    Very helpful. Thanks for the information

    • @HoganChua
      @HoganChua  8 місяців тому

      Glad it was helpful!

  • @bjorncalbes7604
    @bjorncalbes7604 Місяць тому

    do you use personal or business account?

  • @Adam-87941
    @Adam-87941 7 місяців тому

    Hello Hogan :) To make an Ltd. in the UK people have to make a UK business bank account. Can I make only a Wise account instead? Will they accept that in the UK? Don't you know? Best, Adam

  • @Nadi1177
    @Nadi1177 2 місяці тому

    Thank you very much

  • @berenicewaters4096
    @berenicewaters4096 5 місяців тому

    Great presentation

  • @viviakote7998
    @viviakote7998 7 місяців тому +2

    The information that I need it's how I can put money in wise from my another banc acc

  • @shihammahroof8960
    @shihammahroof8960 2 місяці тому

    How do you set up PayPal with Wise so that I can buy using my UK bank account to purchase items from eBay being sold in USD? At the moment the payment can only be in pounds and that will incur the PayPals poor exchange rate and fee

  • @sdebont888
    @sdebont888 2 місяці тому

    How to wire money FROM Vietnam to another country? Thank you for your help!

  • @SaadonAksah
    @SaadonAksah 5 місяців тому +1

    Nice! Thanks for the explanation 👍

  • @jonasgolden3277
    @jonasgolden3277 6 місяців тому

    With wise can your employer add money to your account, say an expense account, then can i then use that to top up my Alipay while im in China? So basically im sending money to myself from WIse to Alipay.

  • @fredthomas4916
    @fredthomas4916 2 місяці тому

    If the recipient does not match or problem does wise take you money out needing help thanks

  • @user-ue2qd7dh9d
    @user-ue2qd7dh9d 25 днів тому

    If we already transferred 25.87 USD via debit card but we pressed the wrong button to cancel the transfer. Will they transfer the money to me? Will I have to wait a long time?
    If you transfer next time Will there be any problems with the new transfer?

  • @teacherlynn3996
    @teacherlynn3996 7 місяців тому +1

    what if you're a freelancer ? and you have a business wise? it;s asking for a document to verify. A document to prove a business, what should I do. I don't have that?

  • @user-xj9ev5it8z
    @user-xj9ev5it8z 23 дні тому

    I would like to know, do I have to have some amount in my online banking to be able to send money to myself. Kindly help

  • @callmecosmic
    @callmecosmic 3 місяці тому

    Not sure if anyone is going to see this but I was looking for advice on whether I should create my Wise account now (in USA) or after I move (to Japan). I ask this because Wise asks about where I live most of the time and also what my phone number is for account security purposes. Well, I will be living in Japan for at least a year. And once I move, I will no longer have my US phone number as I need a Japanese one to open a bank account there for my salary.
    Will it matter if I sign up in US now and then edit my details after I move or just wait and create one while in Japan with my Japanese address and phone number? The ultimate goal is to be able to send Yen from my Japan bank to my US bank account as USD. Thanks!!

  • @lidiabatorski2029
    @lidiabatorski2029 11 днів тому

    Can I send money to myself without account details available (PLN)?

  • @sanketshah3377
    @sanketshah3377 8 місяців тому

    Hey Hogan - How can someon get in touch with you? Will love for you to cover invideo AI

  • @MRSTEEL15
    @MRSTEEL15 7 місяців тому +1

    How is this better than PayPal, Zelle or Venmo?

  • @henrylie
    @henrylie 6 місяців тому

    hi Hogan, if wise is not available in hk or philippines. how can i receive money from nationals from those countries on my wise account? the nationals dont have wise. Thanks

  • @gill-us7ze
    @gill-us7ze 4 місяці тому

    hey Mate i am new to this what about Xero integration does it show like normal traditional bank accounts on xero?

  • @mclaren9389
    @mclaren9389 6 місяців тому

    hi hogan How can I send money to my wise account for the first time?

  • @Leanney
    @Leanney 7 місяців тому +5

    Do i have to top up money into my virtual card before making online payments? For example, i use the virtual card to make a hotel booking which will make a future payment. Do i have to put money into the card or will the card auto deduct from my wise account?

  • @magisvaservices
    @magisvaservices 9 днів тому

    Hello. I’ve been using WISE for 2 years now however whenever my client sends me my salary the conversion is way below the realtime conversion (USD-PHP). On the other hand, my other client sends exactly what i should be receiving. I don’t know if it’s on his side or mine since he always say that he sends the exact amount in USD. Pls help

  • @AGU_VDB
    @AGU_VDB 7 місяців тому

    Can I use wise to receive money from Shopify?

  • @sidc.3817
    @sidc.3817 6 місяців тому +1

    How quickly (hours or days) can you send money? For example, you have an uncle in the UK and he wants to send money to your cousins in the US, in France, in Vietnam, and in Canada? Is it the same duration per country?

    • @backwoodsbungalow9674
      @backwoodsbungalow9674 4 місяці тому

      Good question. I set up a Euro balance to send money from UK to a relative in Europe. I was surprised that the transaction took 6 seconds. I was expecting a few days. The limitation is that the person you are sending to needs to have a Wise account. That is a hassle if your relatives use a variety of other services like PayPal or Revolut.
      I noticed that Wise sends a code by SMS each time I log on and also asked for the password to be entered again to confirm a transaction. Did your Uncle and cousins try Wise or did they end up using something else like PayPal?

  • @user-sw8px9co9e
    @user-sw8px9co9e 3 місяці тому

    Hi hogan thanks for this info very clear to understand. Do u know if there's a $ Limit I can transfer from AUD to NZD

    • @HoganChua
      @HoganChua  3 місяці тому +1

      It should be quite high :)

  • @carol76798
    @carol76798 7 місяців тому +1

    I'm trying to open an account to receive money but it only has a "send money" option like the one you opened

  • @user-zc3dw1kp6g
    @user-zc3dw1kp6g 5 місяців тому

    Hello, kindly kindly advise how I can RECEIVE money to my WISE account ?

  • @singmengyeong
    @singmengyeong 10 місяців тому +1

    nice explanation on wise.. hi, hogan.. do u mind to clarify how to get rid of higher commision being charged by paypal using wise? My ecom website will charge my customer every month using paypal. but it does charge up to rm10 (as commission) on each transaction when i retrieve from paypal to my bank account...

  • @moneyzone2
    @moneyzone2 10 місяців тому

    Nice

  • @princeemmanuelboateng7984
    @princeemmanuelboateng7984 10 місяців тому

    I have watched your videos and it has really helped me a lot. But now I am in need of a Wordpress website whereby various restaurants can post food online for customers to purchase and delivered to them..
    Can you please help me out

  • @YoutubeTH11
    @YoutubeTH11 6 місяців тому

    I have a Interac transfer , Plz how I can deposit my money inside my Wise Account ?

  • @loriebelmaja2785
    @loriebelmaja2785 2 місяці тому

    If i send money to my mom, does she needs to have a wise account to?

  • @ginasahota
    @ginasahota 3 місяці тому

    Great video! I I have a few currency accounts USD CDN and AUST - do I order a separate card or each account? Or one card and you have select Chequing 1 Chequing 2 etc?

    • @TopazYachtcharterCanada
      @TopazYachtcharterCanada Годину тому

      Remitly is a better way faster and cheaper 15 minutes maximum $3.99 for $1000

  • @ninaarong8213
    @ninaarong8213 8 місяців тому

    Hi, thanks for this very detailed guide, can you please confirm if it really needs to have verified account to the recipient part?

    • @HoganChua
      @HoganChua  8 місяців тому +1

      For you to send, you should have a verified account. Your receipent doesn't need a WISE account, since you can send the funds directly to their local bank.

  • @techyjaydee
    @techyjaydee 5 місяців тому

    Can i receive money from client who have personal account no business account?

  • @user-hm8iy8vn1n
    @user-hm8iy8vn1n 3 місяці тому +1

    good jobs

  • @stupot1952
    @stupot1952 3 місяці тому

    can you open a wise account if your in thailand

  • @craigpetty7038
    @craigpetty7038 5 місяців тому

    How safe is iWise?

  • @markherasymenko5353
    @markherasymenko5353 5 місяців тому

    Let’s say I want to receive a payement from someone else into my Wise account by email transfer, does this person who pays me, does he need to have a Wise account as well?

  • @nikitapeterson7203
    @nikitapeterson7203 4 місяці тому

    I'm taking care of a paraplegic person so I would love to learn how to earn money on the EBT app

  • @stupot1952
    @stupot1952 3 місяці тому

    can you send baht back to your uk bank?

  • @themotbeyfam1155
    @themotbeyfam1155 3 місяці тому

    How would u be able help?? Wise has taken money out but my transaction is cancelled! I'm quite worried coz i can't even call them just an email. I'm so disappointed 😢😢

  • @niluhayunikellyenjeli2462
    @niluhayunikellyenjeli2462 4 місяці тому

    Hi! how long it takes for us to wait our money request arrived if our client non wise user (client pays with bank transfer)?

  • @joelquelen6764
    @joelquelen6764 6 місяців тому

    What is the limit of transfer?

  • @lidiabatorski2029
    @lidiabatorski2029 12 днів тому

    Can you explain how to receive money from my account in another country?

  • @user-xj9ev5it8z
    @user-xj9ev5it8z 23 дні тому

    What if its you are a first time to use wise and withdraw the amount

  • @johnbelles1912
    @johnbelles1912 4 місяці тому

    What if my bank won't allow me to link the Wise card to my bank account?

  • @gennalyndchristian1414
    @gennalyndchristian1414 3 місяці тому

    Can I use this for sending money to my Philippines bpi foreign account( dollar account)? It is in the Philippines bank but dollar account.

  • @WisdomIgoni-jn8md
    @WisdomIgoni-jn8md 8 місяців тому

    Can i transfer money from Nigeria to Vietnam country?

  • @Soviet_Union_The_Best
    @Soviet_Union_The_Best 10 місяців тому +2

    Wow, I've been overpaying banks for years!

  • @naji7493
    @naji7493 7 місяців тому +8

    I just register wise but its not allowing me to receive money...why? Apparently Philippines is not allowed

    • @judasliongaming640
      @judasliongaming640 2 місяці тому +2

      As receiver you don't need to have a Wise acc. You just need to have a bank acc to where the money transfer goes. You'll only need a Wise acc if you're sending in or transferring money elsewhere.

    • @werttrew3265
      @werttrew3265 2 місяці тому

      You need to top up your account with money before receiving your account details

    • @Rooz-zs4qs
      @Rooz-zs4qs 2 місяці тому

      ​@@judasliongaming640 even the sender is from another country.

  • @kesienaodjegba3929
    @kesienaodjegba3929 Місяць тому

    Can i send from United states to Africa?

  • @overseasstudentsaustralia
    @overseasstudentsaustralia 7 місяців тому

    Hi Hogan, This was really well explained. I have a quick question that i would like to discuss about the video itself. Can i send you an email about it? Thanks as always. Great work.

  • @BENTUSS7878
    @BENTUSS7878 Місяць тому

    Are Nigerians allowed to open Wise account?

  • @AisheHoxha
    @AisheHoxha 3 місяці тому

    For Albania 🇦🇱 no is ? Haw much is the interes?

  • @viviakote7998
    @viviakote7998 7 місяців тому

    But how I can charge wise bank with money??

  • @sailingseaquel848
    @sailingseaquel848 2 місяці тому

    PayID option?

  • @ThePerformaz-hj1sm
    @ThePerformaz-hj1sm 8 місяців тому +1

    I can't see the available currencies on my wise account and is making it difficult for me to create a balance. please help me.

    • @user-ko7yr8cr4c
      @user-ko7yr8cr4c 8 місяців тому

      Same here… did you manage to find how?

  • @wongnz
    @wongnz 9 місяців тому +2

    Hi Hogan. Can I ask my sister-in-law to transfer Canadian dollars to my Wise account? The Wise Card is new to me. Thanks, Addy

    • @HoganChua
      @HoganChua  9 місяців тому +1

      Yes. You can create a canadian account on wise. So you can receive Canadian currency there. I believe I show you towards the end of the video.

    • @wongnz
      @wongnz 9 місяців тому +1

      Hi Hogan. Yes. Now I know how to ask my sister-in-law to transfer Canadian to my Wise account. Thank you so much.

    • @HoganChua
      @HoganChua  9 місяців тому

      @@wongnz perfect :)

    • @wongnz
      @wongnz 8 місяців тому

      @@HoganChua Hi Hogan. I asked my sister-in-law to send $100 to my Wise Canadian account on Wednesday, but 3 days later I still haven't received it three days later. Is it normal to take a few days to arrive? Thanks Addy

  • @peterspencer6993
    @peterspencer6993 5 місяців тому

    Quick Q. Where do I get the actual card and how long does it take.

    • @HoganChua
      @HoganChua  5 місяців тому

      You are able to order it once you've signed up. In the wise dashboard area. I think there is a small one time fee.

  • @dinetuscany7795
    @dinetuscany7795 4 місяці тому

    Bakit wala optio. Sakin yung e wallet

  • @TommyChan97
    @TommyChan97 9 місяців тому

    Is Wise able to sent CAD to Australia institution?

    • @HoganChua
      @HoganChua  9 місяців тому

      Yes should be able to :]

  • @Random_Meme_I_Found
    @Random_Meme_I_Found 8 місяців тому +1

    My country wise dont support for the visual debit card 😔

  • @asisatan3731
    @asisatan3731 21 день тому

    sir pls share all your free excel etc tks sir

  • @ninecatsmagee8384
    @ninecatsmagee8384 15 днів тому

    My Wise screen doesn't look anything like this, so not especially helpful. The only choice I get is ACH.

  • @64ytb
    @64ytb 6 місяців тому

    My Korean friend said she cannot link her korean bank account to her wise app. How so? I thought Wise is quite international.She can only receive money from overseas and deposit the money into her Korean bank account. But cannot send money from her Wise out because she cannot link her korean bank to her Wise app.

  • @CelebrityShorts3
    @CelebrityShorts3 9 місяців тому

    My sender is from Canada and he wants to send me money using his Canadian Bank. Is it feasible for him to send US Dollars using her Canadian bank account? I'm from the Philippines

    • @HoganChua
      @HoganChua  9 місяців тому

      They can create a Wise account by following this video. Then, they will be able to send USD to you (Philippine bank account) using Canadian dollars.
      But it maybe better for you to also have an Wise account that they can directly send to. So when they send you USD you can convert it back to PH currency at a better rate then your local bank.
      Or maybe its better if they send your CAD to your Wise account. Then they dont need to convert to USD. And then you just convert CAD to PH.

  • @generalpost344
    @generalpost344 27 днів тому

    Hello world 👋 4:41

  • @FinestAbstract
    @FinestAbstract 6 місяців тому +1

    receiver email id must be need or not??

    • @HoganChua
      @HoganChua  6 місяців тому +2

      Most cases, not needed. I have successfully sent funds without entering their email. it's normally just to send them the receipient an email notification.

    • @FinestAbstract
      @FinestAbstract 6 місяців тому

      @@HoganChua I can any email address share with sender??

    • @HoganChua
      @HoganChua  6 місяців тому +2

      @FinestAbstract should be ok. Or lesve empty . Try sending small amount first

    • @FinestAbstract
      @FinestAbstract 6 місяців тому +1

      @@HoganChua Thank you so much❤️

    • @FinestAbstract
      @FinestAbstract 6 місяців тому

      can I mail you plz?