Wise (TransferWise)

✅ Legitimate
Payment Service · Founded 2011

Wise (formerly TransferWise) is a regulated international money transfer service that offers mid-market exchange rates and transparent fees. Listed on the London Stock Exchange.

Trust Score
9
out of 10

Our Verdict

Wise is a legitimate, regulated money transfer service. The scam risk is in how scammers use it to receive money from victims, not in the company itself.

This is a legitimate company. Exercise normal caution and be alert to impersonators.

⚠️ Scam Warning

Wise is legitimate but has been used by scammers to receive international wire transfers. Scammers favor it for cross-border payments that are difficult to recover.

🚨 Known Scams Using Wise (TransferWise)'s Name

  • Romance and investment scammers requesting Wise transfers internationally
  • Fake Wise support impersonation on social media

🚩 Red Flags to Watch For

Strangers requesting international Wise transfers
Investment platforms that only accept Wise for deposits

📋 Report a Scam Involving Wise (TransferWise)

If you've encountered a scam using Wise (TransferWise)'s name, report it to help protect others.

Related: Other Payment Service Companies