NoshowJones Posted January 5, 2022 Share Posted January 5, 2022 I know that Wise is not a bank. but I also know that you can keep GBPs in it. If I am in the UK can I transfer any or all of these GBPs in to my UK bank. If so, will it be at the rate it was when I deposited it, or the rate it is when I withdraw it? Link to comment Share on other sites More sharing options...
Popular Post foreverlomsak Posted January 5, 2022 Popular Post Share Posted January 5, 2022 Yes there is an option to transfer to UK bank using Sort Code / Account no (I haven't used it yet but it exists) If you hold GBP you can transfer GBP (no exchange rates involved) but there is a fee for the transaction. 2 1 Link to comment Share on other sites More sharing options...
Upnotover Posted January 5, 2022 Share Posted January 5, 2022 The fee used to be £0.32 per transaction but I had a message from Wise that as of 7 September 2021 you now get 50 free GBP transactions a month. Haven't used it as of yet though. 1 Link to comment Share on other sites More sharing options...
Popular Post Gottfrid Posted January 5, 2022 Popular Post Share Posted January 5, 2022 Actually, I don´t think there is any rate change from GBP to GBP. I f you are aware of one, please do inform me. 5 Link to comment Share on other sites More sharing options...
Popular Post treetops Posted January 5, 2022 Popular Post Share Posted January 5, 2022 43 minutes ago, Gottfrid said: Actually, I don´t think there is any rate change from GBP to GBP. I f you are aware of one, please do inform me. Easy. Today's rate is 1:1 and I've a feeling tomorrow's will be the same. 1 5 Link to comment Share on other sites More sharing options...
Chivas Posted January 5, 2022 Share Posted January 5, 2022 People should check before steaming in..... 1 Link to comment Share on other sites More sharing options...
Popular Post treetops Posted January 6, 2022 Popular Post Share Posted January 6, 2022 16 hours ago, Chivas said: People should check before steaming in..... Thats a fee, nothing to do with exchange rates. ???? 2 2 Link to comment Share on other sites More sharing options...
Chivas Posted January 6, 2022 Share Posted January 6, 2022 3 hours ago, treetops said: Thats a fee, nothing to do with exchange rates. ???? Dear oh dear fella.....dont give up your day job 1 4 Link to comment Share on other sites More sharing options...
Popular Post lkn Posted January 6, 2022 Popular Post Share Posted January 6, 2022 I don’t know about the 50 free GBP transactions per month, but you can get a free debit card associated with your account. This allows you to either withdraw via an ATM, although there is monthly limit, or, you can open an account with Revolut and top-up the Revolut account using your Wise debit card, this is free of charge, and from Revolut, you can transfer to another bank account, also free of charge. Not sure how Revolut can charge debit cards without paying a fee, but I have seen a few other institutions also provide free deposits via VISA/Mastercard. 3 Link to comment Share on other sites More sharing options...
Popular Post mrwebb8825 Posted January 6, 2022 Popular Post Share Posted January 6, 2022 I thought the legal currency in the UK was set to change to match the national language of Farsi. 3 Link to comment Share on other sites More sharing options...
Mutt Daeng Posted January 7, 2022 Share Posted January 7, 2022 (edited) 5 hours ago, lkn said: I don’t know about the 50 free GBP transactions per month, but you can get a free debit card associated with your account. This allows you to either withdraw via an ATM, although there is monthly limit, or, you can open an account with Revolut and top-up the Revolut account using your Wise debit card, this is free of charge, and from Revolut, you can transfer to another bank account, also free of charge. Not sure how Revolut can charge debit cards without paying a fee, but I have seen a few other institutions also provide free deposits via VISA/Mastercard. You can't get a Wise Debit Card if your registered address is in Thailand. Edited January 7, 2022 by Mutt Daeng added border to image 1 Link to comment Share on other sites More sharing options...
sandyf Posted January 7, 2022 Share Posted January 7, 2022 5 hours ago, lkn said: I don’t know about the 50 free GBP transactions per month, but you can get a free debit card associated with your account. When did the remove the fee for the debit card, paid £5 for mine about a year ago. Link to comment Share on other sites More sharing options...
Mario Cosmopolite Posted January 7, 2022 Share Posted January 7, 2022 11 minutes ago, sandyf said: When did the remove the fee for the debit card, paid £5 for mine about a year ago. I don't know when they removed the fee, but it is now free if you accept standard postage or at a cost if you want it sent DHL. (This is not experience for Thailand based as I got mine elsewhere, but they will send card to an address/country other than your registered address) 1 Link to comment Share on other sites More sharing options...
NoshowJones Posted January 7, 2022 Author Share Posted January 7, 2022 26 minutes ago, sandyf said: When did the remove the fee for the debit card, paid £5 for mine about a year ago. Did you get your Wise debit card while living in Thailand? Link to comment Share on other sites More sharing options...
NoshowJones Posted January 7, 2022 Author Share Posted January 7, 2022 (edited) 6 hours ago, lkn said: I don’t know about the 50 free GBP transactions per month, but you can get a free debit card associated with your account. This allows you to either withdraw via an ATM, although there is monthly limit, or, you can open an account with Revolut and top-up the Revolut account using your Wise debit card, this is free of charge, and from Revolut, you can transfer to another bank account, also free of charge. Not sure how Revolut can charge debit cards without paying a fee, but I have seen a few other institutions also provide free deposits via VISA/Mastercard. A poster has said that you can only apply for the Wise debit card if you are not living in Thailand. Maybe I misread it. Edited January 7, 2022 by possum1931 Link to comment Share on other sites More sharing options...
sandyf Posted January 7, 2022 Share Posted January 7, 2022 5 hours ago, Mario Cosmopolite said: I don't know when they removed the fee, but it is now free if you accept standard postage or at a cost if you want it sent DHL. (This is not experience for Thailand based as I got mine elsewhere, but they will send card to an address/country other than your registered address) It would appear that the card issuing fee is still in place. Card issuing fee $7 USD / £5 GBP/ €6 EUR/ $10 SGD/ $10 NZD and free in AUD (the first time) https://transumo.com/wise-card-review/#Wise-Card-Cost Link to comment Share on other sites More sharing options...
sandyf Posted January 7, 2022 Share Posted January 7, 2022 5 hours ago, possum1931 said: Did you get your Wise debit card while living in Thailand? Yes but it is registered to a UK address and the card sent to my son. 1 Link to comment Share on other sites More sharing options...
Gottfrid Posted January 7, 2022 Share Posted January 7, 2022 On 1/5/2022 at 2:59 PM, treetops said: Easy. Today's rate is 1:1 and I've a feeling tomorrow's will be the same. I actually asked for a rate change. 1:1 is constant and do not change. ???????? 1 Link to comment Share on other sites More sharing options...
Mutt Daeng Posted January 8, 2022 Share Posted January 8, 2022 (edited) 21 hours ago, possum1931 said: A poster has said that you can only apply for the Wise debit card if you are not living in Thailand. Maybe I misread it. Perhaps I am being pedantic, but I never said that. I said "if your registered address is in Thailand". Registered as in when opening your Wise account you used your Thai address, regardless of where you are living. Edited January 8, 2022 by Mutt Daeng 1 Link to comment Share on other sites More sharing options...
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