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What is Wise?

Last updated: April 28, 2022

Wise is an online account that lets you send money, get paid, and spend money internationally. When Wise is linked to your Xolo Go account, you have an European company for your invoicing and an easy way to withdraw your money to your Wise account. You can spend money directly on your Wise account or withdraw it to your local account with your local currency.

With a Wise account, you’ll be able to:

  • hold 50+ currencies in balances in your account

  • convert currencies instantly in your account with low fees

  • set aside money in any currency with Wise Jars.

To open your Wise account, you’ll need to get verified, usually with some photo ID, proof of address, and/or a picture of you holding that ID. It usually takes about 2 working days. Log in to your account and follow the steps to get set up.

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