Their transparent and easy transfer fees make this a good account for people who stay in the USA but receive money from overseas. Wise is “the only company offering low fees with market-leading international service,” which allows them access to better wholesale currency prices than other competitors like Western Union and WorldRemit do not have access to when negotiating between currencies through their digital banking app. For transfers to family or for ex-pats abroad, Wise (formerly TransferWise) offers some pretty cheap rates.
