How Banks Make Extra Money Off You (and Why You Should Care) 🔍

Поделиться
HTML-код
  • Опубликовано: 5 сен 2024

Комментарии • 22

  • @Wise
    @Wise  Месяц назад +4

    Check other banks & report about yours - wi.se/hiddenfeesresearch 🔍
    Sign up with Wise - wi.se/1u58w5p 💚

  • @Nico-kz9bv
    @Nico-kz9bv Месяц назад

    Every FX company either charges on the transaction fee or the spread on the currency conversion. The more exotic the currency, the higher the revenue potential. Its good that there are more and more liquidity providers as D-Local, NIUM etc that offer competitive rates. And Im also happy with Wise for sure as of today :)

    • @Wise
      @Wise  Месяц назад +1

      Hey, Nico! We're happy to hear that you're satisfied with the services we provide. As for the rates, we believe the “real” exchange rate is the midpoint between the buy and sell rates on the global currency markets. We get our rate from Reuters, who update the rate in real-time during the trading market opening hours. Find more info here: wi.se/ratetracker
      We'll be sure to keep up a good work to ensure you're getting only an excellent experience 💚

  • @ssena_30
    @ssena_30 Месяц назад +1

    oh this guy is so cool!

  • @maxmaxi777
    @maxmaxi777 Месяц назад +2

    Okay.. banks and transfers in foreign currency? Never again

    • @Wise
      @Wise  Месяц назад +1

      Hey there. If you're experiencing any issues with a transfer to another currency, we'll be happy to help. Just DM us some more info on one of our social media pages, or reach out here: wi.se/directcontactus and we'll get to the bottom of this with you.

    • @maxmaxi777
      @maxmaxi777 Месяц назад

      @@Wise I meant I’d better use Wise than bank transfers when it comes to converting currencies.

    • @Wise
      @Wise  Месяц назад +1

      We're really glad to hear that 🤩 And you also know where to find us if you need anything!

  • @sohaib6168
    @sohaib6168 Месяц назад

    Could you please available your service in Algeria? Like plastic card and other services please 🙏

    • @Wise
      @Wise  Месяц назад +1

      Hi there! For new accounts in Algeria, you should be able to make an account with us, but you'll only be able to send money, as we don't offer our multi-currency account feature and the card there at the moment. You can read more about sending money here: wi.se/howtosendmoney
      Our team's working hard to bring more features to you in the future, and we'll be sure to let you know when they're available 👍

  • @drb_officiall
    @drb_officiall Месяц назад

    Nepal not available

    • @Wise
      @Wise  Месяц назад +1

      Hi there. What services are you interested in? You can sign up with us if you're residing in Nepal: wi.se/createaccount
      By following these steps: wi.se/howtosendmoney, you can send money to NPR: wi.se/guidetonpr
      Just a note, new customers in Nepal currently can't open a balance, receive or hold money in their Wise account. If you need more help, feel free to contact us here: wi.se/contactus

  • @LivinginWelland
    @LivinginWelland Месяц назад

    I'm trying to understand how to wire transfer from Country B to home Country A. I setup my account with my home Country A but when I want to "send" money, the Wise app wants me to send from my home account. But I want money sent TO my home account from Country B. How do I do this? Do I "request" money and then send it to my home account?

    • @Wise
      @Wise  Месяц назад +1

      Hey there, thanks for reaching out. If you'd like to send money from a specific external local bank account, you'll just need to add it as a connected bank account by following the instructions here: wi.se/add-delete-connected-bank-accounts
      That way, when you go to pay, you can choose to pay with the external account from country B, and set up your external account in country A to be the recipient. You can see how to add a recipient account here: wi.se/addrecipients
      If you have other questions about this, please feel free to send us a DM on Facebook, Instagram, or X. We'll be happy to take a closer look and help however we can.

    • @LivinginWelland
      @LivinginWelland Месяц назад

      @@Wise thanks for the quick response but I’m still confused. Country B is the sending account and it’s not local. Country A is local and has the local banking info to receive funds. So, how do I initiate Country B account to send to Wise to transfer to local Country A account?

    • @Wise
      @Wise  Месяц назад

      Hi there, again. We'd like to understand the flow you're referring to here, and see the clearer context. Also, we need to take into considerations as well the currency you're planning to use. Generally, there are several ways you can receive money from others to your Wise account. The available options depend on your address, currency and whether you’re using a personal or business account.
      To get to the bottom of this, can you confirm where Country B is based, and if the funds are from an external account or from Wise? Also, if Country A has the Wise local details to receive the funds, then, you should be able to send the money there (from Country B) as normal bank transfer. More info about receiving payments here: wi.se/howtoreceivemoney
      In addition, if it's within Wise, you can only receive payments in the same currency (except for GBP) as your account details. We hope this clarifies, but if you have other questions, as shared above, DM us in other social media platforms or call/email us here: wi.se/contactus

  • @nadiabaumann4745
    @nadiabaumann4745 Месяц назад +3

    ✅👍

  • @gamingwithumer6725
    @gamingwithumer6725 Месяц назад

    Why wise can't provide account details in Pakistan in 2024 why why why

    • @Wise
      @Wise  Месяц назад +1

      While we'd like to be available in every part of the world, we are yet to find the most optimal way to do it in Pakistan. Hopefully in the future we'll be there with the details.

    • @gamingwithumer6725
      @gamingwithumer6725 Месяц назад

      @@Wise almost 1.5 year ago wise is available in Pakistan but at this time wise is not available if you don't provide account details at least open receive money option i request you

  • @jpvftrades
    @jpvftrades Месяц назад

    I only get this message "Got it! When we have news to share, We'll drop you an email", everytime creating an account detail for the currency that I want to use (USD and PHP)? Do I need to deposit first, for me to make a money request from others?

    • @Wise
      @Wise  Месяц назад

      Hey there 👋 To get account details, you'll have to top up your account with 20 GBP (or the equivalent in your currency) and get verified. You can see more info on getting account details here:
      Please note, we don't have account details for PHP, and we're temporarily pausing issuing new USD account details. If anything changes, and we expand our features we'll keep you posted with more updates.
      Due to the platform specifics, you can't send a DM on RUclips, but you can reach out to us via Instagram, Facebook, or X and let us know your membership number. We'll be happy to assist you over there.