Wise – The International Bank Account for Everyone

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Wise, formerly known as Transferwise, is a global tech company that specializes in helping people move and use their money around the world. Their international account gives users easy and instant access to their money in over 40 currencies, making it one of the most diverse online banking options out there today.

To read more about banking in Spain, the best options for your situation and how the whole system works, check out our guide to “Best Banks in Spain for Internationals & How to Open a Bank Account in Spain“!

The Wise All-In-One International Bank Account Solution

Wise has grown from an affordable money transfer option, to an online money management site/app. Now, users can create an actual multi-currency baking account with banking details and a card to use around the world! The sign-up process is also very convenient and easy to handle.

Some of the many amazing features of this account includes:

  • Official Bank Details – This is a borderless account which means that it’s not limited to one country! People from over 30 countries, using the most powerful currencies in the world can open a Wise Account and receive proper local bank details to be used the same way as a traditional bank account.
  • Multi-Currency Balances – Users can hold and convert over 40 different currencies in their Wise Account at one time! Use the currency you need when you need it and Wise will handle the conversion for you, using real conversion rates to save you money!
  • Visa Debit Card – The Wise Account comes with its very own versatile visa debit card that can be used in over 150 countries without any hidden fees! It can also be added to the Apple and Google wallets.
  • Direct Debits – Set up an automatic direct debit payment system in Euros, USD or British Pounds with your Wise Account.
  • Money Transfers – Transfer money to over 160 countries and only worry about paying the real exchange rates and minimal fees.
  • Saving Jars – This virtual money jar allows you to save the money you don’t want to touch in a separate location from your balances. You can even open several jars to further focus your saving goals!

Open your Wise International Account Today

If you’re living an international lifestyle or if you are a digital nomad with employment from all over the world, you definitely should consider opening a Wise account! The sign-up process is incredibly easy, all you have to do is indicate your email address, ID info and top up the account with some money. It’s that easy!

Leah has been living in and exploring Madrid since 2013 when she moved to the city for a simple summer abroad. She started the Citylife Blog in 2014 with the goal to share everything there is to know about her favourite place on earth!

8 Comments. Leave new

  • Can UK pensions be paid into account as I am resident in Spain, and would I have a debit card that can be used both in Spain and on visits to the UK

  • Andrea Rawson
    21/06/2022 14:17

    I have a bank account with Sabadel in Spain with direct debits as I have a property there. How easy would it be to transfer these if I set up a wise account?

    • Hi there Andrea! For these kinds of questions I recommend speaking to the Wise customer service. They will have more insights on the inner workings of their platform!

  • I am working in Palma Mallorca and will receive cash, I do have a Wise account, how do I deposit the cash into my bank account?

  • Glyn Wallis
    29/12/2021 10:54

    I have used you many times to transfer money and 100% Service but I’m looking to open a account with you but don’t want to be charged everytime i Draw Cash can you confirm what Banks allow this with your Card Please

  • Maryellen
    26/10/2021 14:25

    I would like to close my bank in Spain and open a bank account with wise mainly for paying direct debit’s and other bills that come into the property can you give me some advice on this matter please I am non-resident

    • Anthony Penny
      06/03/2022 19:46

      That’s what we are trying to do as well. The bank charges in Spain are outrageous.

  • Masaaki TSUMORI
    24/08/2021 13:21

    I would like to open an euro account to transfer my money from my account of French Postal Bank.
    Thank you in advance for your procedure to open an account as a japanese living in Japan.


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