Major international payment serviceWISE。 It is a convenient service that allows you to deposit and transfer money from all over the world with low fees.
In this article, we will explain how to transfer money from WISE to a bank account one by one.
I think it will be easy to understand because it is illustrated, but if you don't understand, please feel free to write your question in the comment section.
I myself use WISE to receive money from abroad, so I will answer whatever I can.
Procedures and methods for bank transfer from WISE
First of all, if you don't know about WISE, there is an article I have explained about WISE in the past, so please take a look.
This is an article about WISE debit cards, but the content mentions WISE.
Now, let's first explain the steps to send money from WISE. However,WISEIt's easy to transfer money from to the bank. I will explain the procedure.
(1) Select "Send money" from the dashboard
FirstWISELog in. Once logged in, the dashboard opens.
First, click "Send money".
(2) Enter the transfer amount
Once you do so, you will be directed to a page to send money. Enter the total amount you want to pay.
This time I will transfer 24,312 yen. The fee for this transfer amount is 200 yen.
The estimated WISE payment date is displayed as Friday, but it actually took less than 5 minutes to receive the payment. I will explain later.
What is the maximum amount of money transferred by WISE?
How to send money from WISEMaximum amountThere is. It also depends on the currency you send money in.
When sending money from overseas to Japan, the maximum amount depends on the currency of the sender. However, no matter what currency it is,If the amount of a single transfer exceeds 1 million yen, it will be a SWIFT transfer.
In that case, an additional fee will be charged.
To send money from Japan to overseas,The upper limit of remittance is 1 million yen per transaction.is. There is no upper limit on the number of transfers itself.
(3) Specify the remittance destination
Next, specify the destination of the transfer. You can also send it to yourself. If you're sending to someone new, designate a bank account as the new recipient.
Be careful not to make a mistake.
(4) Enter the purpose of the remittance
Next, choose the purpose of the transfer.
If you live in Japan and send money from Japan yen, you will be asked what the purpose is. Choose one that is close to your reason for sending money.
(5) Check and confirm the remittance details
This is the last step.Check the transfer details.
Double-check whether the amount, fee, and destination you are transferring are correct.
If there is no problem, confirm the transfer as it is.
(6) Wait for the deposit to the bank
Once you confirm the transfer in WISE, you can check the status of the funds in the recipient's account in your WISE account.
It's safe to know the current situation.
By the way, when I send money from WISE, I measured how long it will take for the money to arrive and be deposited.
How long does it take to send money from WISE to receive money?
This time, the time I sent money to WISE was 20:33. And the time when the money actually arrived at my bank was "20:35".
The deposit was made in about 2 minutes.It's very fast, isn't it?
While waiting for your deposit, you can also see the detailed status of your deposit.
PayPal takes 2 or 3 days even if you make a bank transfer. However, WISE is credited within 5 minutes, so you don't have to wait.
What are the fees for sending money from WISE?
One of WISE's missions is to "make fees free in the future." You can use it at a very low fee even at this time.
The more money you transfer, the greater the cost of transferring.
However, if you send a small amount of money, the fee will be considerably smaller. Above all, there are no troublesome monthly fees or hidden costs.
By the way, as a guideline, I transferred 24,312 yen this time. The fee charged is200 yen onlyis. There are no other costs.
Is WISE safe? Money is not stolen?
Some people may feel uneasy when using WISE.In conclusion, it is safe.
In the United States, it is registered with the Financial Crimes Enforcement Network (FinCEN) and in Japan it is registered with the Kanto Finance Bureau.
It is a safe service that is registered with other institutions around the world.
In addition, Wise includes login information, including modern data encryption, secure data storage, and two-factor authentication.High-level security measuresIt is adopted.
PayPal and Stripe are also famous as similar services, but WISE has a large number of users.
Naturally, I am one of the users myself. I use it to send and receive money earned abroad.
By the way, I recently made a WISE debit card because my use of WISE has increased.
If you are traveling to overseas sites or abroad, the WISE debit card is also recommended.If you have a WISE account, you can easily create a card.
If you are looking for a card that can be used without extra fees, please check it out.
This time, I transferred it to my own bank account, so I chose "for my own savings".