wise.com

4.2
4.2 Based on 380 reviews

...

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Alex Shia
Canadians be aware of this company, it's not a 'bank'!!! It's probably the only 'bank' which is not

Canadians be aware of this company, it's not a 'bank'!!! It's probably the only 'bank' which is not regulated by any federal and provincial regulators in Canada.

In fact, if something went wrong, you would have no place to complain.

Your SWIFT transfer from other banks could go detered, even be missing for quite long time, and lose fees even recoved, as it's not a direct member in the SWIFT system because it's not a bank. They will not help you if something occurs...

1
Date of experience: Mar 01, 2026

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