Wise · Fintechs and neobanks
Wise Business Account review
CanadaUpdated October 2026
Wise Business is the go-to account for businesses that send and receive money internationally. There’s no monthly fee, you can hold 40+ currencies and conversions use the mid-market rate with a small fee shown upfront.
Monthly feeC$0No monthly fee
Currencies40+Hold and send
FXFrom 0.48%Mid-market rate
Available inCanadaFintechs and neobanks
Treasi’s take
Who Wise is best for
Choose Wise if…
Businesses with frequent international payments and teams using QuickBooks.
Look elsewhere if…
Businesses needing credit or branch services.
Wise Business is the go-to account for businesses that send and receive money internationally. There’s no monthly fee, you can hold 40+ currencies and conversions use the mid-market rate with a small fee shown upfront.
Details
Fees, features and eligibility
| Monthly fee | C$0 monthly |
|---|---|
| FX and international | Mid-market rate plus a fee from 0.48% for CAD |
| Account type | Fintech account |
| Currencies | 40+ currencies |
Source: Wise published product information.
Pros and cons
What stands out
Pros
- No monthly fee
- Mid-market FX
- 40+ currencies
Cons
- No credit products
FAQs
Wise: common questions
Does Wise Business have a monthly fee?
No.
How many currencies can I hold?
More than 40.
Used Wise? Help other businesses choose.
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