Yes, Wise is considered safe. It uses robust security measures, including data encryption and financial crime safeguards. Wise is regulated by the Financial Conduct Authority and other global regulatory bodies, ensuring client funds are held separate from company funds​.

Wise provides international money transfers, a multi-currency account with a debit card, and business payment solutions. These services allow users to hold, manage, and send money in multiple currencies at the real exchange rate.

Wise offers business accounts facilitating international payments, payroll, and batch payments. Businesses can also integrate Wise's API for automated financial processes, manage multi-currency transactions, and utilise direct debits​.

Transfers with Wise are often completed within one business day. The speed can vary depending on the countries involved, the payment method used, and the time of day the transfer is initiated​.