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| Sending 1,000.00 GBP With | ![]() |
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|---|---|---|---|---|---|
| Recipient Gets (Total after fees) | 1,163.98 EUR Save up to 37.14 EUR | 1,163.98 EUR -81.024 EUR | 1,163.98 EUR -81.024 EUR | 1,163.98 EUR -81.024 EUR | 1,163.98 EUR -81.024 EUR |
| Transfer Fee | 1.0539874 (First 5 fee-free) | 1.0539874 | 1.0539874 | 1.0539874 | 1.0539874 |
| Exchange Rate (1 GBP → EUR) | 5.026 Mid-market rate | 5.026 | 5.026 | 5.026 | 5.026 |
| Total Cost | 5.026 | 5.026 | 5.026 | 5.026 | 5.026 |
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A multi-currency account is a bank or digital account that allows you to hold, send, and receive multiple currencies in a single account, without needing separate accounts for each currency.
What people used to call the “Borderless Account” is essentially the Wise multi‑currency account that lets you hold, send, receive, and convert money in many currencies. Wise rebranded the product — and the company itself — so the term “Borderless account” isn’t used as much anymore. Instead, you now just use your Wise account, which includes that multi‑currency capability.
You can store money in multiple currencies like US Dollar, Euro, British Pound, Australian Dollar, Canadian Dollar, Kuwait Dinar, Hungarian Forint, Singapore Dollar, and more—all in one account.