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

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  • Опубліковано 23 лис 2024

КОМЕНТАРІ • 203

  • @HoganChua
    @HoganChua  Рік тому +9

    💡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)

    • @claricebommarito180
      @claricebommarito180 7 місяців тому

      😂

    • @peterempire1777
      @peterempire1777 6 місяців тому

      😊😊😊😊 9:09

    • @ab-dul
      @ab-dul 5 місяців тому

      Please what screen recorder are you using?

    • @Wiwin-rf1mf
      @Wiwin-rf1mf 2 місяці тому

      Hi, there ... can you confirm whether I can send out my Iranian Rial to my USD account abroad ?? ... Can you suggest iranian local bank that support WISE Money platform ?? ... thanks in advance ..!!

  • @mayamaya706
    @mayamaya706 10 місяців тому +17

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

  • @tedjohnson4451
    @tedjohnson4451 8 місяців тому +3

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

  • @WayneDawkinsThePartyMan
    @WayneDawkinsThePartyMan 8 місяців тому +1

    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.

  • @viviakote7998
    @viviakote7998 Рік тому +3

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

  • @globetrotter6219
    @globetrotter6219 9 місяців тому +2

    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 ?

  • @carol76798
    @carol76798 Рік тому +2

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

  • @nikitapeterson7203
    @nikitapeterson7203 10 місяців тому +1

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

  • @teacherlynn3996
    @teacherlynn3996 Рік 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?

  • @mayamaya706
    @mayamaya706 10 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?

    • @fornighttan
      @fornighttan 3 місяці тому

      Same way except the receiving party is your bank account. You will need to set up yourself as the recipient

  • @m.macdog5113
    @m.macdog5113 10 місяців тому +2

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

    • @HoganChua
      @HoganChua  9 місяців тому

      Glad to hear it!

  • @TrajektoryGaming
    @TrajektoryGaming 9 місяців 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?

  • @RogerPRalliance
    @RogerPRalliance 7 місяців тому +1

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

  • @ShamdeMohd
    @ShamdeMohd 10 місяців тому +1

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

  • @polashadhikari5761
    @polashadhikari5761 Рік 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?

  • @totoro0404
    @totoro0404 8 місяців тому +2

    Thank you for sharing this value information.

  • @robertbondy7416
    @robertbondy7416 2 місяці тому +1

    Very helpful and well done, thank you. From Canada 🇨🇦

  • @got_it_wrong
    @got_it_wrong 10 місяців тому +5

    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  9 місяців тому

      Awesome, thank you!

  • @kevchua67
    @kevchua67 23 дні тому

    Looking for the part that says you need to show an identification photo or proof of identification.

  • @pradeep.broken
    @pradeep.broken Місяць тому

    Hello Sir, I had sent money to India through Wise app but instead of account number, the name of the holder was entered. How to solve this problem? I have called many times but I am not getting any proper response and it has been more than three months since I sent the money.

  • @mclaren9389
    @mclaren9389 Рік тому +1

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

  • @yenggendrala1967
    @yenggendrala1967 Місяць тому

    How do I verify and add payment method to my Wise account? Based in the Philippines and my client overseas is using Wise. I can't find the option where I upload my valid ID's and enter my bank details so I can transfer my salary from Wise to my personal bank account. Apologies, this is my first time using Wise

  • @TruthLove333
    @TruthLove333 2 місяці тому

    Is there an advantage to loading your Wise account with more money at once time, rather than loading it with your home currency for each international transaction? I'm just wondering if I save money by loading more, or maybe ir doesn't matter? PS. Thanks for the video, it helped me understand Wise a little more.

  • @TeachandTravelInternational
    @TeachandTravelInternational 20 днів тому

    I have a US bank account, which is where I receive my paycheck. I live in Portugal and want to send myself the funds from my US bank to my Portuguese bank. How can I do that?

  • @NguyenPhuong-e2w
    @NguyenPhuong-e2w 4 місяці тому

    I opened wise account yesterday. Account verified. When I clicked on the wise payment link which the vendor sent to me to pay him, it said my wise account is not enough balance. I want to pay from my bank account, not from wise account balance. Can you tell how to pay in this situation?

  • @Leanney
    @Leanney Рік 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?

    • @Mbuvi-j3r
      @Mbuvi-j3r 6 місяців тому

      I also want to learn the same question

  • @SamSam-df8qd
    @SamSam-df8qd 25 днів тому

    So basically Wise can be used to replace my bank?

  • @SuchACuriousMind
    @SuchACuriousMind 9 місяців тому +1

    Your explanation was very helpful! Thank you!

  • @growwithatharva8845
    @growwithatharva8845 11 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.

  • @anjamalu
    @anjamalu 8 місяців тому +1

    Very informative video. Thanks!

  • @prmismohammadi
    @prmismohammadi Місяць тому

    My bank account is just an online account. How can I link it to my Wise card so I can have a card for my daily payments or online shopping as my bank account is limited to online shopping from local websites?

  • @chinsoo369
    @chinsoo369 9 місяців тому

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

  • @JaneWaller-m5l
    @JaneWaller-m5l 8 днів тому

    Very interesting, but a lot to take in. Do you have a booklet that can be downloaded or sent to my email address?

  • @FhaeezlyMohdAli
    @FhaeezlyMohdAli 5 місяців тому

    Ещё одна удобная связка, спасибо за ваши знания!

  • @callmecosmic
    @callmecosmic 9 місяців 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!!

  • @KarieHansen
    @KarieHansen 2 місяці тому

    So my partner sent me money. I see it on my Wise account but do I need to make any action to to receive the money in my bank account? Because the amount is not in my bank account. Or do I have to wait like 3 business days until it reaches my bank account? Thanks

  • @magisvaservices
    @magisvaservices 6 місяців 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

  • @sdebont888
    @sdebont888 8 місяців тому

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

  • @ghazalanishath3059
    @ghazalanishath3059 2 місяці тому

    One of our clients is trying to send money towards invoice settlement, while adding the invoice number after selecting the reason as pay for services it shows error. Can you please confirm if wise accepts space and dash and slash while entering the invoice number?

  • @shihammahroof8960
    @shihammahroof8960 8 місяців 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

  • @ChocolateMediaFilm
    @ChocolateMediaFilm 9 місяців тому

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

  • @ThePerformaz-hj1sm
    @ThePerformaz-hj1sm Рік 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.

    • @RueDube-o8i
      @RueDube-o8i Рік тому

      Same here… did you manage to find how?

  • @kenlee5461
    @kenlee5461 5 місяців 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?

  • @KanokwanASMR
    @KanokwanASMR 6 місяців 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?

  • @arunadharmarathne5098
    @arunadharmarathne5098 2 місяці тому

    I am from Sri Lanka. My account doesn't have the options shown in the video to receive money. Can you assist me on this?

  • @yvryvryvr73
    @yvryvryvr73 4 місяці тому

    If my WISE home based account is in Canada, can I use other money transfer sources such as OFX to my WISE account in different currency such as Egyptian pound?

  • @allisonchhoeun5085
    @allisonchhoeun5085 11 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?

  • @sidc.3817
    @sidc.3817 11 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 10 місяців 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?

  • @jonasgolden3277
    @jonasgolden3277 Рік 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.

  • @mechelllabongray8599
    @mechelllabongray8599 2 місяці тому

    Normally how many days for the money to be received thru the bank?

  • @themotbeyfam1155
    @themotbeyfam1155 9 місяців 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 😢😢

  • @yehoshuahagage9295
    @yehoshuahagage9295 3 місяці тому

    Is there a fee when you send money from one of your balances and not from your bank?

  • @naji7493
    @naji7493 Рік тому +11

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

    • @judasliongaming640
      @judasliongaming640 8 місяців тому +3

      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 8 місяців тому

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

    • @Rooz-zs4qs
      @Rooz-zs4qs 7 місяців тому

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

  • @AndrewCudmore-d7e
    @AndrewCudmore-d7e 4 місяці тому

    Thanks Hogan, really informative video, thanks. I have a wise debit visa card and digital card already - heading to Italy for a 8 week holiday with my wife next month. We want to just us one wise account. Is it going to be possible to get a second physical debit Visa card for my wife so we can use the same account?

  • @lidiabatorski2029
    @lidiabatorski2029 6 місяців тому

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

  • @ginasahota
    @ginasahota 9 місяців 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 5 місяців тому

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

  • @fredthomas4916
    @fredthomas4916 8 місяців тому

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

  • @m.ehtizan
    @m.ehtizan Рік 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?

  • @AdeolaOyinkansola-m9r
    @AdeolaOyinkansola-m9r Місяць тому

    What if they sent me money in different currency then what will my balance be

  • @bjorncalbes7604
    @bjorncalbes7604 6 місяців тому

    do you use personal or business account?

  • @mclaren9389
    @mclaren9389 Рік тому

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

  • @markherasymenko5353
    @markherasymenko5353 11 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?

  • @jorspedros1671
    @jorspedros1671 3 місяці тому

    how long will it take to send money from Wise to Gcash in Philippines for the first time?

  • @YoutubeTH11
    @YoutubeTH11 11 місяців тому

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

  • @EuniceKapel-d5x
    @EuniceKapel-d5x 5 місяців тому

    If i transfer money from over sea to my bank in South Africa how much will it bee in rands

  • @ThatsMad-c9i
    @ThatsMad-c9i 9 місяців 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  9 місяців тому +1

      It should be quite high :)

  • @sandeepuniyal6164
    @sandeepuniyal6164 2 місяці тому

    It doesn't show option from Vietnam. How to send the VND please?

  • @lidiabatorski2029
    @lidiabatorski2029 6 місяців тому

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

  • @Mbuvi-j3r
    @Mbuvi-j3r 6 місяців 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

  • @MRSTEEL15
    @MRSTEEL15 Рік тому +2

    How is this better than PayPal, Zelle or Venmo?

    • @noba-e7w
      @noba-e7w 2 місяці тому

      venmo isnt international

  • @wongnz
    @wongnz Рік 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  Рік 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 Рік 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  Рік тому

      @@wongnz perfect :)

    • @wongnz
      @wongnz Рік 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

  • @Soviet_Union_The_Best
    @Soviet_Union_The_Best Рік тому +2

    Wow, I've been overpaying banks for years!

  • @Adam-87941
    @Adam-87941 Рік 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

  • @loriebelmaja2785
    @loriebelmaja2785 7 місяців тому

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

  • @berenicewaters4096
    @berenicewaters4096 11 місяців тому +1

    Great presentation

  • @IamMC939
    @IamMC939 Рік тому +1

    Thanks for the video, very helpful!

  • @henrylie
    @henrylie Рік 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

  • @mariagarza2492
    @mariagarza2492 10 місяців тому

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

  • @DianneAldover
    @DianneAldover 23 дні тому

    How about from Philippine account to uae. There’s no option

  • @Mbuvi-j3r
    @Mbuvi-j3r 6 місяців тому

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

  • @ninecatsmagee8384
    @ninecatsmagee8384 6 місяців тому

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

  • @yenliew6262
    @yenliew6262 16 днів тому

    Hi Hogan,
    Can I please have your referral code, I forgot to sign up with the link. Hence I need to enter it manually via the referral link

  • @fplhoneybadger8672
    @fplhoneybadger8672 3 місяці тому

    Don't bother trying to send money through Natwest, it doesn't work.

  • @johnbelles1912
    @johnbelles1912 10 місяців тому

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

  • @andimustaqi1650
    @andimustaqi1650 2 місяці тому

    How can i transfer my wise app to my new phone

  • @techyjaydee
    @techyjaydee 11 місяців тому

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

  • @64ytb
    @64ytb 11 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.

  • @sailingseaquel848
    @sailingseaquel848 8 місяців тому +1

    PayID option?

  • @md.mustakimahmed1440
    @md.mustakimahmed1440 Рік тому +3

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

  • @niluhayunikellyenjeli2462
    @niluhayunikellyenjeli2462 9 місяців 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)?

  • @peterspencer6993
    @peterspencer6993 10 місяців тому

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

    • @HoganChua
      @HoganChua  10 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.

  • @Gendichristian
    @Gendichristian 8 місяців 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.

  • @AGU_VDB
    @AGU_VDB Рік тому

    Can I use wise to receive money from Shopify?

  • @KevinKimani-u2k
    @KevinKimani-u2k 14 днів тому

    I having problems opening my account

  • @craigpetty7038
    @craigpetty7038 11 місяців тому

    How safe is iWise?

  • @BENTUSS7878
    @BENTUSS7878 6 місяців тому

    Are Nigerians allowed to open Wise account?

  • @kevinp9110
    @kevinp9110 Рік 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?

  • @gill-us7ze
    @gill-us7ze 10 місяців тому

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

  • @angelicaleysa3803
    @angelicaleysa3803 4 місяці тому

    why do i always get a reply of too many requests try again later?

  • @princeemmanuelboateng7984
    @princeemmanuelboateng7984 Рік 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