Yes. Wise is a well-established e-Wallet that provides one of the most popular payment systems in the world, and yes, Wise establishes accounts for clients in Denmark. Wise is a multicurrency ewallet that offers local bank accounts, allowing you to: (a) receive money, (b) transfer money to other Wise accounts for free, and (c) pay for items and services online. It also provides a Prepaid Mastercard, which allows you to withdraw cash from practically any ATM or make purchases in stores. Wise is an excellent payment processor.
Wise is globally regulated and employs encryption and two-factor authentication for logins, passwords for money transfers, and three-dimensional security for card payments. By law, Wise must’safeguard’ your money; moreover, Wise has an in-house security staff to detect fraud and keep your money and data secure.
Individuals and corporations rely on Wise to retain and transfer high-value payments. The appropriate transfer limitations for sending from USD are:
- $1,000,000 USD per transfer on personal and business accounts
- $50,000 USD per day using bank debit (ACH), or $250,000 over a 60 day period on your personal account. On your business account, you can send up to $400,000 over a 60 day period.
- $2,000 USD per 24 hours and 8,000 USD per 7 days using debit or credit cards