Wise, formerly known as TransferWise, is a multi-currency account that allows individuals and businesses to send, receive, and hold money in different currencies at low-cost exchange rates.

It offers features like borderless payments, debit card access, and international money transfers, making it an ideal solution for global transactions without the high fees of traditional banks. Wise accounts are available for both personal and business use. To decide which type of account suits your needs, check out this detailed guide: https://businessglobalizer.com/blog/wise-personal-vs-business-account-choosing-the-right-one/