Wirex News

5 reasons to pay by Wirex

Mar 6, 2019, 2:36:59 PM Published By Wirex Team

1. A wealth of new currencies

We’ve listened to your feedback and taken on board the tweaks and improvements you’ve asked for most. That’s why Wirex 3.0 features fresh new traditional currencies, giving users around the world even more options to buy, exchange and transfer money. Update to 3.0 and discover your new AUD, CAD, CHF, CZK, HKD, JPY and SGD accounts!

2. The best rates in the business

When you exchange your traditional currency with Wirex, you can be confident that you’re getting the best rate. That’s because no matter how small the transaction, we give you unconditional access to the interbank rate. But what exactly is the interbank rate? It’s the price at which banks and other major financial institutions make wholesale FX (foreign exchange, or forex) transactions. Interbank trades feature tighter spreads than are usually found in small retail transactions, which translates to a better overall price (don’t know your spread from your bid/ask? Learn what it’s all about here).

Unlike at outlets like retail banks, the post office or airport exchanges, converting your money with Wirex can be done in seconds, wherever and whenever you want - at the best rates available.

3. Around the world in 80 payments

Wherever you are in the world, we make sure that you can make payments to and from your Wirex account as quickly and smoothly as possible. Whether you’re reimbursing friends, sending money abroad or moving funds into your bank account, Wirex 3.0 gives you even more options to move your money about.

Users across the EEA, APAC and Canada can transfer traditional funds using a variety of payment methods, including SEPA, SWIFT and Faster Payments*. Best of all? Internal transfers between Wirex users are absolutely free!

4. Your app, your rules

We’re all about giving you control over your money, which is why 3.0 features a customisable account dashboard. Hide the currencies that you don’t use and streamline your app to suit your direct needs. With up to 18 digital and traditional currencies currently available and even more on the way, you could save yourself a lot of swiping time!

Customise your accounts in the Settings menu.

5. The sky’s the limit

As well as new currencies, exclusive exchange rates and a bold new look, Wirex 3.0 also introduced higher transfer limits for users. This means you can:

  • Transfer in up to £/$/€10k per transaction by bank transfer**
  • Transfer out up to £/$/€10k a day by bank transfer**
  • Top up by credit/debit card up to £/$/€5k a day**

Wirex 3.0 means there’s no excuse not to experience the future of money management today, in-app or online. If you haven’t already, join more than 2 million people who pay by Wirex.

*Payment methods vary depending on your region.

**Transfer limits vary depending on your region. For full details of account limits please see our Fees & Limits page.

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