WISE Unreliable Service and Arbitrary Actions Disappointed Me Greatly

301

When I tried to withdraw my money from Wise, I was given an unexpectedly long time frame, despite their claims of being faster and cheaper than SWIFT. Based on my experience, Wise has now become more expensive and slower than SWIFT. When I contacted customer service, they were unwilling to negotiate or shorten the waiting time. They were not fully transparent as a financial company should be, stating that they aren't obligated to provide all information. There's a constant risk of being inconvenienced with your money. They always justify themselves because they hold your funds. They can suddenly demand address verification, block your account, and freeze your funds within a day when you're abroad. This company poses a significant risk, and there's always the possibility of being unfairly treated. Beware of these practices and avoid putting your money at risk.

Comments

Similar Complaints

Wise Scams With Hidden Costs And Extra Charges

771

Wise is misleading customers. Wise charges extra expenses without prior notice and out of their promise. I did a € to € ...

Wise Charges Hidden Fees & Transfers Slow

455

I'm sharing my disheartening experience with Wise, a money transfer service that falls short of its promises and fails t...

Wise Charges Hidden Fees & Transfers Slow

Wise Blocked My Account and Withheld My Money Without Reason

229

I used Wise to transfer money to an international developer for a software purchase. I initially funded my account and c...

Wise Account Frozen Too Long - Business Funds Blocked Without Any Update

155

My Wise account has been frozen for an unreasonably long time. Two weeks ago, Wise informed me that the delay was caused...