Compare TransferWise vs Via Payments

Transferwise Ltd Logo
Trustpilot Rating
Reviews 92,838 | Excellent
 (4.7)

Transferwise Ltd is an electronic money institution focused on international money transfers. Transferwise Ltd offers prepaid cards, international money transfers, virtual accounts with IBAN to individuals, businesses. In 2019 Transferwise Ltd had total assets of 1,108.80 mln GBP, Transferwise Ltd generated net income of 10.30 mln GBP. Incorporated in the United Kingdom, Transferwise Ltd is authorized and regulated by the Financial Conduct Authority.

Via Payments UAB Logo
Trustpilot Rating
Reviews 2 | Average
 (2.9)

Via Payments UAB is an electronic money institution focused on alternative banking and payment services. Via Payments UAB offers personal virtual accounts with IBAN, business virtual accounts with IBAN, prepaid cards, international transfers, currency exchange to individuals, businesses. In 2019 Via Payments UAB had total customer funds to be safeguarded of 25.67 mln EUR, Via Payments UAB generated gross profit of 2.08 mln EUR. Incorporated in Lithuania, Via Payments UAB is authorized and regulated by the Bank of Lithuania. Via Payments UAB is doing business as Vialet.

TransferWise Business Focus
international money transfers
TransferWise Products
  • prepaid cards
  • virtual accounts with IBAN
TransferWise Services
  • international money transfers
TransferWise Clients
  • individuals
  • businesses

View TransferWise Profile +

Via Payments Business Focus
alternative banking and payment services
Via Payments Products
  • personal virtual accounts with IBAN
  • business virtual accounts with IBAN
  • prepaid cards
Via Payments Services
  • international transfers
  • currency exchange
Via Payments Clients
  • individuals
  • businesses

View Via Payments Profile +

Compare Personal Accounts

TransferWise Via Payments
CurrencyEUR, GBP, AUD
and 43 more
EUR
Payment Cards physical
virtual
physical
virtual
Personal IBAN available (BE, GB IBAN) available (LT IBAN)
UK Account Number available not available
Customer Groupsall countriesall countries
Pricing Planssingle for all customerssingle for all customers
Open Account Open Account
 

Currency

TransferWise

Borderless Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, AUD, AED, ARS, BDT, BGN, CHF, CLP, CNY, CZK, DKK, EGP, GEL, HKD, HRK, HUF, CAD, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, USD, PEN, PHP, PLN, PKR, RON, RUB, SEK, SGD, THB, TRY, UAH, VND, ZAR.

Via Payments

Personal Account is a single-currency account, allowing the account holder to have funds in EUR only.

Payment Cards

TransferWise

TransferWise Personal Card (MasterCard) can be ordered together with Borderless Account. Virtual cards are not available.

Via Payments

Personal Card (MasterCard) can be ordered together with Personal Account. Virtual cards are not available.

International Transfers

TransferWise

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

Via Payments

  • SWIFT Transfers
  • SEPA Credit Transfers

Personal IBAN

TransferWise

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances
  • ABA and account number available for USD balances
  • BSB and account number available for AUD balances
  • account number available for NZD balances
  • account number available for PLN balances

Via Payments

n/a

IBAN Countries

TransferWise

Personal IBANs assigned to TransferWise Borderless accounts belong to:

  • Belgium for EUR balances
  • the United Kingdom for GBP balances

Via Payments

Personal IBANs assigned to Personal Account belong to Lithuania.

Account Security

TransferWise

TransferWise uses HTTPS encryption, and two-factor authentication to protect all customer transactions and make sure everything is secure. TransferWise will never misuse or sell customer data.

Via Payments

n/a

Pricing Plans

TransferWise

Borderless Account is offered with a single pricing plan for all customers.

  • Borderless Account
  • offered to: all countries
  • Initial Fee 0.00 EUR
  • SEPA Outgoing 0.60 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.60 EUR
  • SWIFT Incoming 0.00 EUR
  • Low conversion fees
  • Zero transaction fees
  • Free ATM withdrawals up to £200 per 30 days
  • Open Account

Via Payments

Personal Account is offered with a single pricing plan for all customers.

  • Personal
  • offered to: all countries
  • Initial Fee 0.00 EUR
  • Monthly Fee 0.00 EUR
  • SEPA Outgoing 0.00 EUR
  • SEPA Incoming 0.00 EUR
  • Open Account

How to Open TransferWise Account

Opening Borderless Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload selfie with your proof of identity
4.
Account is ready to use in 2 days
Proof of Identity. Depending of the client's country, TransferWise accepts the following documents: passport, national ID card, driver's licence.


How to Open Via Payments Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Pass video authentication
4.
Account is ready to use in 3 minutes


Compare Personal Cards

TransferWise Via Payments
Transferwise Ltd CardVia Payments UAB Card
Card Typedebit
physical
debit
physical
contactless
Currencymulti currency
as per account
single currency
EUR
Card ProviderMasterCardMasterCard
Order Card Order Card
 

Card Type

TransferWise

TransferWise cards are debit cards, rather than prepaid cards. TransferWise cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Via Payments

Via Payments cards are debit cards, rather than prepaid cards. Via Payments cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Currency

TransferWise

TransferWise Personal Card is a multi-currency card, the funds can be held in different currencies at the same time. TransferWise Personal Card can hold funds in any as the corresponding account, namely in EUR, GBP, AUD, AED, ARS, BDT, BGN, CHF, CLP, CNY, CZK, DKK, EGP, GEL, HKD, HRK, HUF, CAD, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, USD, PEN, PHP, PLN, PKR, RON, RUB, SEK, SGD, THB, TRY, UAH, VND, ZAR.

Via Payments

Personal Card is a single currency card, it can be issued in EUR only.

Customer Group

TransferWise

TransferWise cards are currently available for the holders of TransferWise borderless accounts in the United Kingdom, United States, Switzerland and the European Economic Area (with the exception of Greece), Gibraltar (British Overseas Territory) and the UK Crown Dependencies: Guernsey, Isle of Man, and Jersey.

Via Payments

n/a

Card Loading

TransferWise

TrnaferWise card does not have a separate balance from TransferWise borderless account. So, topping up a TransferWise borderless account actually loads the TransferWise cards connected to the account.

Via Payments

n/a

Card Security

TransferWise

3D Secure Payments. For some online payments, a TransferWise cardholder can be asked to approve the payment from his/her TransferWise app, or by using a code sent by SMS or voice call. This is called a 3D Secure online payment, and is an added level of security some websites ask for. At the moment, 3D secure payments are only supported for cards issued in the UK and the European Economic Area (EEA).

Via Payments

n/a

Pricing Plans

TransferWise

Card Fees and Limits
UK/EUAPACUS
Card Issuance Fee5 GBP/6 EUR10 AUD/10 NZD/10 SGD7 USD
Currency Exchange Fee0.24–3.69%0.24–3.69%0.24–3.69%
ATM Withdrawal Feeup to 200 GBP: free
above that: 2.00%
up to 350 AUD/350 NZD/350 SGD: free
above that: 2.00%
up to 250 USD: free
above that: 2.00%
ATM Withdrawal Daily Limit1,500 GBP2,700 AUD/NZD/SGD1,000 USD
ATM Withdrawal Monthly Limit4,000 GBP7,000 AUD/NZD/SGD4,000 USD
Contactless Payment Daily Limit1,000 GBP1,750 AUD/NZD/SGDn/a
Contactless Payment Monthly Limit4,000 GBP7,000 AUD/NZD/SGDn/a
Magnetic Stripe Daily Limit6,000 GBP10,500 AUD/NZD/SGD6,000 USD
Online Purchase Daily Limit10,000 GBP17,500 AUD/NZD/SGD2,000 USD
Online Purchase Monthly Limit30,000 GBP52,500 AUD/NZD/SGD10,000 USD

Via Payments

Card Fees and Limits
Non-verifiedVerified
Card Issuing Feefreefree
Card Delivery Feefreefree
Card Payment Feefreefree
ATM Withdrawal Fee2.00% (min. 2.50 EUR)2.00% (min. 2.50 EUR)
Currency Exchange FeeMasterCard rate + 1.00 %MasterCard rate + 1.00 %
Card Payments Limitn/adaily: 1,400 EUR
monthly: 7,000 EUR
ATM Withdrawal Limitn/adaily: 600 EUR
monthly: 3,000 EUR

Compare Business Accounts

TransferWise Via Payments
CurrencyEUR, GBP, AUD
and 43 more
EUR
Payment Cards physical
virtual
physical
virtual
Personal IBAN available (BE, GB IBAN) available (LT IBAN)
UK Account Number available not available
Customer Groupsall countriesall countries
Pricing Planssingle for all customerssingle for all customers
Open Account Open Account
 

Currency

TransferWise

Business Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, AUD, AED, ARS, BDT, BGN, CHF, CLP, CNY, CZK, DKK, EGP, GEL, HKD, HRK, HUF, CAD, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, USD, PEN, PHP, PLN, PKR, RON, RUB, SEK, SGD, THB, TRY, UAH, VND, ZAR.

Via Payments

Business Account is a single-currency account, allowing the account holder to have funds in EUR only.

Payment Cards

TransferWise

TransferWise Business Card (MasterCard) can be ordered together with Business Account. Virtual cards are not available.

Via Payments

A payment card can be ordered together with Business Account. Virtual cards are not available.

International Transfers

TransferWise

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

Via Payments

  • SWIFT Transfers
  • SEPA Credit Transfers

Personal IBAN

TransferWise

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances
  • ABA and account number available for USD balances
  • BSB and account number available for AUD balances
  • account number available for NZD balances
  • account number available for PLN balances

Via Payments

n/a

IBAN Countries

TransferWise

Personal IBANs assigned to TransferWise Borderless accounts belong to:

  • Belgium for EUR balances
  • the United Kingdom for GBP balances

Via Payments

Personal IBANs assigned to Business Account belong to Lithuania.

Account Security

TransferWise

TransferWise uses HTTPS encryption, and two-factor authentication to protect all customer transactions and make sure everything is secure. TransferWise will never misuse or sell customer data.

Via Payments

n/a

Pricing Plans

TransferWise

Business Account is offered with a single pricing plan for all customers.

  • Business Account
  • offered to: all countries
  • Initial Fee 0.00 EUR
  • SEPA Outgoing 0.60 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.60 EUR
  • SWIFT Incoming 0.00 EUR
  • Batch payments
  • Xero integration
  • Open API
  • Monthly statements
  • Open Account

Via Payments

Business Account is offered with a single pricing plan for all customers.

  • Business
  • offered to: all countries
  • Initial Fee 0.00 EUR
  • Monthly Fee 0.00 EUR
  • SEPA Outgoing 0.00 EUR
  • SEPA Incoming 0.00 EUR
  • Open Account

How to Open TransferWise Account

Opening Business Account
1.
Provide your details online
2.
Upload your company details
3.
Upload your proof of identity
4.
Account is ready to use in 4-7 business days
Company Details. To open a TransferWise Business Account, a client needs to provide company details, including business registration, the industry which the company operates in, any online or social presence, name, date of birth, and country of residence for all legal business owners and directors.
Personal Details. Customer applying for opening TransferWise Business account, should provide his/her personal details and describe the role in the business.
The application is submitted for review, and TransferWise team will contact the customer back to clarify additional details.
It usually takes between 4-7 days to open a business account.
Country-Specific Requirements. If the business is registered in the United States, Singapore, Japan, Hong Kong, or New Zealand, there may be additional things TransferWise needs before having the account verified.


How to Open Via Payments Account

Opening Business Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload your company details
4.
Pass video authentication
5.
Account is ready to use in 2 days-1 week