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MACHBANK vs Wise

Wise logo

Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactMACHBANKWise
Exchange-rate modelvariablemid_market
Free planYesYes
HeadquartersLas Condes, Santiago, ChileLondon, United Kingdom
Mobile platformsbothThe Wise app is available for iOS through the Apple App Store and for Android through Google Play.
Recipient methodsbankbank
Transfer speedsame_dayOn many popular routes, transfers can arrive within one day, the same day, or instantly.
Transfer trackingYesThe app shows the list and current status of transfers users have set up.
Upfront fee displayYesYes

MACHBANK plans

  • MACHBANK account—

Wise plans

  • Wise personal account and transfersFree

Pick MACHBANK if…

You want what its maker publishes above — check its page for the details.

Pick Wise if…

Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.

Charts they share