Wise Overview & Guide - How to Send & Receive Money Internationally with Low Fees & No Markup! 2024

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  • čas přidán 7. 06. 2024
  • ✅ Get a Fee-Free Transfer of up to $1000AUD (or the equivalent) here: wi.se/vqenl7
    Contents
    0:00 - Intro
    0:25 - What is Wise?
    1:00 - How does Wise Work?
    3:48 - Different Use Cases & How you can save money
    6:56 - How to Create a Free Account
    8:03 - How to Transfer Money Internationally
    15:18 - Other Important Features of Wise (Multi-Currency Account & Debit Card)
    Affiliate Disclaimer: Some of the links above are affiliate (referral) links which means if you do click and purchase through them, then I may receive a commission. This helps support the free content on this channel.
  • Jak na to + styl

Komentáře • 174

  • @HoganChua
    @HoganChua  Před 10 měsíci +6

    💡Learn everything you need to know about Wise (Formerly known as TransferWise)
    ✅ Get a Fee-Free Transfer of up to $1000 AUD (or the equivalent) here: wi.se/vqenl7
    Contents
    0:00 - Intro
    0:25 - What is Wise?
    1:00 - How does Wise Work?
    3:48 - Different Use Cases & How you can save money
    6:56 - How to Create a Free Account
    8:03 - How to Transfer Money Internationally
    15:18 - Other Important Features of Wise (Multi-Currency Account & Debit Card)

  • @JordanPamelaTisor
    @JordanPamelaTisor Před měsícem +56

    I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

    • @Gavingeed
      @Gavingeed Před měsícem

      Though I started with £15,000 actually because it was my first time and it was successful.

    • @larrywrens4419
      @larrywrens4419 Před měsícem

      She is really a good investment advisor.
      I was privileged to attend some of her seminars, that's how I started my crypto investment

    • @PatrickElliot-vg6tw
      @PatrickElliot-vg6tw Před měsícem

      Investing $15,000 and received $174,000

    • @MaryJane-pe3pb
      @MaryJane-pe3pb Před měsícem

      Mrs Anna Duke is gradually getting the recognition she rightly deserves. She's worked for it and this is only a testament of her good works for families

    • @ahmedzakarifah9170
      @ahmedzakarifah9170 Před měsícem

      I'm glad to write her today I do hope she will help me handle my paycheck properly☺️☺️☺️

  • @mayamaya706
    @mayamaya706 Před 5 měsíci +10

    Checked out a few videos on Wise, and your video by far is the most comprehensive one on Wise. Great job!

  • @tedjohnson4451
    @tedjohnson4451 Před 3 měsíci +1

    Thanks! I'm headed to the Philippines in November 2024... Wise will be an excellent Tool to have.

  • @pani.odszkodowania
    @pani.odszkodowania Před 7 měsíci +3

    Thanks for the video, it was very helpful

  • @SuchACuriousMind
    @SuchACuriousMind Před 3 měsíci +1

    Your explanation was very helpful! Thank you!

  • @polashadhikari5761
    @polashadhikari5761 Před 8 měsíci +3

    This is such a wonderfully detailed explanation with real world use cases. You also explained the security aspects. Subscribed and looking forward to more content.
    Can you discuss the business account and the accounting software you recommend?

  • @anjamalu
    @anjamalu Před 2 měsíci +1

    Very informative video. Thanks!

  • @fangstarsturkey18
    @fangstarsturkey18 Před 10 měsíci +1

    Thank you Hogan for this tutorial

  • @totoro0404
    @totoro0404 Před 3 měsíci +2

    Thank you for sharing this value information.

  • @m.ehtizan
    @m.ehtizan Před 10 měsíci +1

    Hey Hogan, I just watched your video and I must say that it was really informative and well-made. I was wondering if I could help you edit your videos and also make highly engaging shorts out of them?

  • @IamMC939
    @IamMC939 Před 7 měsíci +1

    Thanks for the video, very helpful!

  • @m.macdog5113
    @m.macdog5113 Před 4 měsíci +2

    Thanks for doing this. Every time I see these videos I learn something....😊

  • @md.mustakimahmed1440
    @md.mustakimahmed1440 Před 8 měsíci +2

    Hogan!
    You do create inspiring videos. I love your videos.

  • @RogerPRalliance
    @RogerPRalliance Před měsícem

    Great explanation by taking the viewer through sample transactions. I now have better understanding of how this works.

  • @kevinp9110
    @kevinp9110 Před 10 měsíci

    hey hogan, I followed your Themify blogging site tutorial, I have been using the site for 1 year now. The problem am facing is the site has become unbearably slow for admin, I could barely do anything, uploading an image of 90 kb hangs forever. Do you face similar issue? What do you think I should do about it?

  • @user-sy8pp4cq3z
    @user-sy8pp4cq3z Před 6 měsíci

    Amazing Video, very helpful. Is it best to load up a foreign currency account before travelling or let the conversion be whenever you use the card from your home currency? Which we we save the most?

  • @TrajektoryGaming
    @TrajektoryGaming Před 3 měsíci +1

    Hey man very informative video!
    I have one question, it is possible for a receiver to receive a payment if he/she doesn't have a wise account...But are there any benefits of having a wise business account for the receiver too?

  • @HealthglowsNet
    @HealthglowsNet Před 3 měsíci +1

    Thank you for this detailed and excellent explanation!

  • @user-nl8jp2mi4p
    @user-nl8jp2mi4p Před 8 měsíci

    Very helpful - thank you! However I used your link to send a transfer and didn't get the fee-free as mentioned. 😞

  • @braxton6680
    @braxton6680 Před 8 měsíci

    Very helpful. Thanks for the information

  • @stevehk1800
    @stevehk1800 Před 4 měsíci +4

    I had no idea this was a thing. I travel a lot and this looks perfect. Great review and well explained. I have used your link. Thanks.

  • @chinsoo369
    @chinsoo369 Před 4 měsíci

    Thank you for the info. Can we receive IDR without converting to AUD?

  • @berenicewaters4096
    @berenicewaters4096 Před 5 měsíci

    Great presentation

  • @globetrotter6219
    @globetrotter6219 Před 3 měsíci

    Hi Hogan, Does Wise offer a way to send yourself some money while travelling in a foreign country for cash pickup at a local bank in the local currency ?

  • @mayamaya706
    @mayamaya706 Před 5 měsíci +2

    I have a question: How do I transfer money from my overseas account to say an Australian account using Wise? I am clear about sending money to 3rd party using Wise, but what about your receiving money from your own account overseas?

  • @viviakote7998
    @viviakote7998 Před 7 měsíci +2

    The information that I need it's how I can put money in wise from my another banc acc

  • @Nadi1177
    @Nadi1177 Před 2 měsíci

    Thank you very much

  • @Adam-87941
    @Adam-87941 Před 7 měsíci

    Hello Hogan :) To make an Ltd. in the UK people have to make a UK business bank account. Can I make only a Wise account instead? Will they accept that in the UK? Don't you know? Best, Adam

  • @allisonchhoeun5085
    @allisonchhoeun5085 Před 5 měsíci

    Hi Hogan, I am running into issues with validating my account. It’s for the company I am working for and every time I tried to validate it, it won’t move past the “who are you paying” section. Any suggestions?

  • @ChocolateMediaFilm
    @ChocolateMediaFilm Před 3 měsíci

    could you do a video on payment requests adn how that works?
    seem to have over looked that...
    thanks for this video

  • @carol76798
    @carol76798 Před 7 měsíci +1

    I'm trying to open an account to receive money but it only has a "send money" option like the one you opened

  • @mariagarza2492
    @mariagarza2492 Před 4 měsíci

    For a large amount do they take out sender or reciver fee from amout and send the reciver the difference

  • @growwithatharva8845
    @growwithatharva8845 Před 5 měsíci

    Hi Hogan,
    If someone sends me money on WISE. Can I transfer that money to my local bank account? or will I just be able to use it with the WISE card.

  • @teacherlynn3996
    @teacherlynn3996 Před 7 měsíci +1

    what if you're a freelancer ? and you have a business wise? it;s asking for a document to verify. A document to prove a business, what should I do. I don't have that?

  • @WayneDawkinsThePartyMan
    @WayneDawkinsThePartyMan Před 2 měsíci

    Great information because this will reduce hassles with currency conversions in some countries. For instance in the Philippines most places will refuse Dollars that are older than 2013, dollars with a little ink blemish or otherwise. Not to mention the one million questions you will be asked and the payee checking each dollar 1000 times before giving you your money. Other crazy hassles too long for me to detail here. So WISE is the way to go.

  • @kenlee5461
    @kenlee5461 Před 6 dny

    Very good video. Can you link a digital card to Google Pay? If I load it up with Japanese yen, then can I use Google Pay to pay for stuff when I'm in Japan, through the digital card?

  • @SaadonAksah
    @SaadonAksah Před 5 měsíci +1

    Nice! Thanks for the explanation 👍

  • @sanketshah3377
    @sanketshah3377 Před 8 měsíci

    Hey Hogan - How can someon get in touch with you? Will love for you to cover invideo AI

  • @shihammahroof8960
    @shihammahroof8960 Před 2 měsíci

    How do you set up PayPal with Wise so that I can buy using my UK bank account to purchase items from eBay being sold in USD? At the moment the payment can only be in pounds and that will incur the PayPals poor exchange rate and fee

  • @jonasgolden3277
    @jonasgolden3277 Před 6 měsíci

    With wise can your employer add money to your account, say an expense account, then can i then use that to top up my Alipay while im in China? So basically im sending money to myself from WIse to Alipay.

  • @henrylie
    @henrylie Před 7 měsíci

    hi Hogan, if wise is not available in hk or philippines. how can i receive money from nationals from those countries on my wise account? the nationals dont have wise. Thanks

  • @sdebont888
    @sdebont888 Před 2 měsíci

    How to wire money FROM Vietnam to another country? Thank you for your help!

  • @gill-us7ze
    @gill-us7ze Před 4 měsíci

    hey Mate i am new to this what about Xero integration does it show like normal traditional bank accounts on xero?

  • @Leanney
    @Leanney Před 8 měsíci +5

    Do i have to top up money into my virtual card before making online payments? For example, i use the virtual card to make a hotel booking which will make a future payment. Do i have to put money into the card or will the card auto deduct from my wise account?

  • @fredthomas4916
    @fredthomas4916 Před 2 měsíci

    If the recipient does not match or problem does wise take you money out needing help thanks

  • @bjorncalbes7604
    @bjorncalbes7604 Před měsícem

    do you use personal or business account?

  • @princeemmanuelboateng7984
    @princeemmanuelboateng7984 Před 10 měsíci

    I have watched your videos and it has really helped me a lot. But now I am in need of a Wordpress website whereby various restaurants can post food online for customers to purchase and delivered to them..
    Can you please help me out

  • @ginasahota
    @ginasahota Před 3 měsíci

    Great video! I I have a few currency accounts USD CDN and AUST - do I order a separate card or each account? Or one card and you have select Chequing 1 Chequing 2 etc?

  • @user-xj9ev5it8z
    @user-xj9ev5it8z Před 29 dny

    I would like to know, do I have to have some amount in my online banking to be able to send money to myself. Kindly help

  • @mclaren9389
    @mclaren9389 Před 6 měsíci

    hi hogan How can I send money to my wise account for the first time?

  • @user-sw8px9co9e
    @user-sw8px9co9e Před 4 měsíci

    Hi hogan thanks for this info very clear to understand. Do u know if there's a $ Limit I can transfer from AUD to NZD

    • @HoganChua
      @HoganChua  Před 4 měsíci +1

      It should be quite high :)

  • @lidiabatorski2029
    @lidiabatorski2029 Před 18 dny

    Can I send money to myself without account details available (PLN)?

  • @moneyzone2
    @moneyzone2 Před 10 měsíci

    Nice

  • @AGU_VDB
    @AGU_VDB Před 7 měsíci

    Can I use wise to receive money from Shopify?

  • @sidc.3817
    @sidc.3817 Před 6 měsíci +1

    How quickly (hours or days) can you send money? For example, you have an uncle in the UK and he wants to send money to your cousins in the US, in France, in Vietnam, and in Canada? Is it the same duration per country?

    • @backwoodsbungalow9674
      @backwoodsbungalow9674 Před 4 měsíci

      Good question. I set up a Euro balance to send money from UK to a relative in Europe. I was surprised that the transaction took 6 seconds. I was expecting a few days. The limitation is that the person you are sending to needs to have a Wise account. That is a hassle if your relatives use a variety of other services like PayPal or Revolut.
      I noticed that Wise sends a code by SMS each time I log on and also asked for the password to be entered again to confirm a transaction. Did your Uncle and cousins try Wise or did they end up using something else like PayPal?

  • @singmengyeong
    @singmengyeong Před 10 měsíci +1

    nice explanation on wise.. hi, hogan.. do u mind to clarify how to get rid of higher commision being charged by paypal using wise? My ecom website will charge my customer every month using paypal. but it does charge up to rm10 (as commission) on each transaction when i retrieve from paypal to my bank account...

  • @magisvaservices
    @magisvaservices Před 16 dny

    Hello. I’ve been using WISE for 2 years now however whenever my client sends me my salary the conversion is way below the realtime conversion (USD-PHP). On the other hand, my other client sends exactly what i should be receiving. I don’t know if it’s on his side or mine since he always say that he sends the exact amount in USD. Pls help

  • @MRSTEEL15
    @MRSTEEL15 Před 7 měsíci +1

    How is this better than PayPal, Zelle or Venmo?

  • @YoutubeTH11
    @YoutubeTH11 Před 6 měsíci

    I have a Interac transfer , Plz how I can deposit my money inside my Wise Account ?

  • @themotbeyfam1155
    @themotbeyfam1155 Před 3 měsíci

    How would u be able help?? Wise has taken money out but my transaction is cancelled! I'm quite worried coz i can't even call them just an email. I'm so disappointed 😢😢

  • @johnbelles1912
    @johnbelles1912 Před 4 měsíci

    What if my bank won't allow me to link the Wise card to my bank account?

  • @user-ue2qd7dh9d
    @user-ue2qd7dh9d Před měsícem

    If we already transferred 25.87 USD via debit card but we pressed the wrong button to cancel the transfer. Will they transfer the money to me? Will I have to wait a long time?
    If you transfer next time Will there be any problems with the new transfer?

  • @ninaarong8213
    @ninaarong8213 Před 8 měsíci

    Hi, thanks for this very detailed guide, can you please confirm if it really needs to have verified account to the recipient part?

    • @HoganChua
      @HoganChua  Před 8 měsíci +1

      For you to send, you should have a verified account. Your receipent doesn't need a WISE account, since you can send the funds directly to their local bank.

  • @user-hm8iy8vn1n
    @user-hm8iy8vn1n Před 3 měsíci +1

    good jobs

  • @callmecosmic
    @callmecosmic Před 3 měsíci

    Not sure if anyone is going to see this but I was looking for advice on whether I should create my Wise account now (in USA) or after I move (to Japan). I ask this because Wise asks about where I live most of the time and also what my phone number is for account security purposes. Well, I will be living in Japan for at least a year. And once I move, I will no longer have my US phone number as I need a Japanese one to open a bank account there for my salary.
    Will it matter if I sign up in US now and then edit my details after I move or just wait and create one while in Japan with my Japanese address and phone number? The ultimate goal is to be able to send Yen from my Japan bank to my US bank account as USD. Thanks!!

  • @user-zc3dw1kp6g
    @user-zc3dw1kp6g Před 5 měsíci

    Hello, kindly kindly advise how I can RECEIVE money to my WISE account ?

  • @markherasymenko5353
    @markherasymenko5353 Před 6 měsíci

    Let’s say I want to receive a payement from someone else into my Wise account by email transfer, does this person who pays me, does he need to have a Wise account as well?

  • @niluhayunikellyenjeli2462
    @niluhayunikellyenjeli2462 Před 4 měsíci

    Hi! how long it takes for us to wait our money request arrived if our client non wise user (client pays with bank transfer)?

  • @nikitapeterson7203
    @nikitapeterson7203 Před 4 měsíci

    I'm taking care of a paraplegic person so I would love to learn how to earn money on the EBT app

  • @techyjaydee
    @techyjaydee Před 5 měsíci

    Can i receive money from client who have personal account no business account?

  • @lidiabatorski2029
    @lidiabatorski2029 Před 18 dny

    Can you explain how to receive money from my account in another country?

  • @stupot1952
    @stupot1952 Před 3 měsíci

    can you send baht back to your uk bank?

  • @user-xj9ev5it8z
    @user-xj9ev5it8z Před 29 dny

    What if its you are a first time to use wise and withdraw the amount

  • @joelquelen6764
    @joelquelen6764 Před 6 měsíci

    What is the limit of transfer?

  • @viviakote7998
    @viviakote7998 Před 7 měsíci

    But how I can charge wise bank with money??

  • @stupot1952
    @stupot1952 Před 3 měsíci

    can you open a wise account if your in thailand

  • @loriebelmaja2785
    @loriebelmaja2785 Před 2 měsíci

    If i send money to my mom, does she needs to have a wise account to?

  • @WisdomIgoni-jn8md
    @WisdomIgoni-jn8md Před 8 měsíci

    Can i transfer money from Nigeria to Vietnam country?

  • @Soviet_Union_The_Best
    @Soviet_Union_The_Best Před 10 měsíci +2

    Wow, I've been overpaying banks for years!

  • @gennalyndchristian1414
    @gennalyndchristian1414 Před 3 měsíci

    Can I use this for sending money to my Philippines bpi foreign account( dollar account)? It is in the Philippines bank but dollar account.

  • @ThePerformaz-hj1sm
    @ThePerformaz-hj1sm Před 8 měsíci +1

    I can't see the available currencies on my wise account and is making it difficult for me to create a balance. please help me.

  • @craigpetty7038
    @craigpetty7038 Před 5 měsíci

    How safe is iWise?

  • @AisheHoxha
    @AisheHoxha Před 3 měsíci

    For Albania 🇦🇱 no is ? Haw much is the interes?

  • @naji7493
    @naji7493 Před 7 měsíci +8

    I just register wise but its not allowing me to receive money...why? Apparently Philippines is not allowed

    • @judasliongaming640
      @judasliongaming640 Před 3 měsíci +2

      As receiver you don't need to have a Wise acc. You just need to have a bank acc to where the money transfer goes. You'll only need a Wise acc if you're sending in or transferring money elsewhere.

    • @werttrew3265
      @werttrew3265 Před 2 měsíci

      You need to top up your account with money before receiving your account details

    • @Rooz-zs4qs
      @Rooz-zs4qs Před 2 měsíci

      ​@@judasliongaming640 even the sender is from another country.

  • @BENTUSS7878
    @BENTUSS7878 Před měsícem

    Are Nigerians allowed to open Wise account?

  • @overseasstudentsaustralia
    @overseasstudentsaustralia Před 7 měsíci

    Hi Hogan, This was really well explained. I have a quick question that i would like to discuss about the video itself. Can i send you an email about it? Thanks as always. Great work.

  • @sailingseaquel848
    @sailingseaquel848 Před 3 měsíci

    PayID option?

  • @kesienaodjegba3929
    @kesienaodjegba3929 Před měsícem

    Can i send from United states to Africa?

  • @peterspencer6993
    @peterspencer6993 Před 5 měsíci

    Quick Q. Where do I get the actual card and how long does it take.

    • @HoganChua
      @HoganChua  Před 5 měsíci

      You are able to order it once you've signed up. In the wise dashboard area. I think there is a small one time fee.

  • @Random_Meme_I_Found
    @Random_Meme_I_Found Před 9 měsíci +1

    My country wise dont support for the visual debit card 😔

  • @wongnz
    @wongnz Před 9 měsíci +2

    Hi Hogan. Can I ask my sister-in-law to transfer Canadian dollars to my Wise account? The Wise Card is new to me. Thanks, Addy

    • @HoganChua
      @HoganChua  Před 9 měsíci +1

      Yes. You can create a canadian account on wise. So you can receive Canadian currency there. I believe I show you towards the end of the video.

    • @wongnz
      @wongnz Před 9 měsíci +1

      Hi Hogan. Yes. Now I know how to ask my sister-in-law to transfer Canadian to my Wise account. Thank you so much.

    • @HoganChua
      @HoganChua  Před 9 měsíci

      @@wongnz perfect :)

    • @wongnz
      @wongnz Před 9 měsíci

      @@HoganChua Hi Hogan. I asked my sister-in-law to send $100 to my Wise Canadian account on Wednesday, but 3 days later I still haven't received it three days later. Is it normal to take a few days to arrive? Thanks Addy

  • @dinetuscany7795
    @dinetuscany7795 Před 4 měsíci

    Bakit wala optio. Sakin yung e wallet

  • @TommyChan97
    @TommyChan97 Před 9 měsíci

    Is Wise able to sent CAD to Australia institution?

  • @64ytb
    @64ytb Před 6 měsíci

    My Korean friend said she cannot link her korean bank account to her wise app. How so? I thought Wise is quite international.She can only receive money from overseas and deposit the money into her Korean bank account. But cannot send money from her Wise out because she cannot link her korean bank to her Wise app.

  • @asisatan3731
    @asisatan3731 Před 28 dny

    sir pls share all your free excel etc tks sir

  • @CelebrityShorts3
    @CelebrityShorts3 Před 9 měsíci

    My sender is from Canada and he wants to send me money using his Canadian Bank. Is it feasible for him to send US Dollars using her Canadian bank account? I'm from the Philippines

    • @HoganChua
      @HoganChua  Před 9 měsíci

      They can create a Wise account by following this video. Then, they will be able to send USD to you (Philippine bank account) using Canadian dollars.
      But it maybe better for you to also have an Wise account that they can directly send to. So when they send you USD you can convert it back to PH currency at a better rate then your local bank.
      Or maybe its better if they send your CAD to your Wise account. Then they dont need to convert to USD. And then you just convert CAD to PH.

  • @ninecatsmagee8384
    @ninecatsmagee8384 Před 21 dnem

    My Wise screen doesn't look anything like this, so not especially helpful. The only choice I get is ACH.

  • @draja2006
    @draja2006 Před 5 měsíci

    Sorry to say this its not low fees they are charging 7.50$ for every 1000$ AUD

  • @FinestAbstract
    @FinestAbstract Před 6 měsíci +1

    receiver email id must be need or not??

    • @HoganChua
      @HoganChua  Před 6 měsíci +2

      Most cases, not needed. I have successfully sent funds without entering their email. it's normally just to send them the receipient an email notification.

    • @FinestAbstract
      @FinestAbstract Před 6 měsíci

      @@HoganChua I can any email address share with sender??

    • @HoganChua
      @HoganChua  Před 6 měsíci +2

      @FinestAbstract should be ok. Or lesve empty . Try sending small amount first

    • @FinestAbstract
      @FinestAbstract Před 6 měsíci +1

      @@HoganChua Thank you so much❤️

    • @FinestAbstract
      @FinestAbstract Před 6 měsíci

      can I mail you plz?