Wise accuses high street banks of hidden exchange rate fees For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and ...

Wise's unique P2P model and transparent fees offer a clear cost advantage over traditional banks, driving strong customer acquisition and retention. The company benefits from scale economies, a strong ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Wise says that last year, UK SMEs lost £2.8bn to hidden ...

Yesterday, CI reported on a new circular issued by the US Consumer Financial Protection Bureau (CFPB) warning international transfer firms to stop adding “junk fees” to the transfers and demanding ...

There’s a whole raft of companies offering money transfer services with competitive exchange rates and low fees – and both Wise and Revolut are popular choices in this market. However, which one is ...