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Wirex

Personal + businessSelf-custodial wallet3 currenciesUSDC · USDT · EURC3 licences Verified

A self-custodial wallet app with a Visa card and its own USD, EUR and GBP account details, for people in the 73 countries Wirex lists, which don't include the US. Your balance sits on-chain as stablecoins in a wallet you control, and Wirex says it can't freeze it, but nothing is insured. Card spending abroad and Wirex's own ATM fee are free; what it charges to send money to a bank isn't published. This verdict is based on Wirex's own terms and help pages; we'll add what users say once there are enough reviews to score.

What’s good

  • USD (ACH), EUR (IBAN) and GBP (sort code) details, free to receive into
  • Self-custodial: you control the wallet keys and can export them
  • 0% FX on card spending, with Apple Pay and Google Pay

Watch out for

  • Only for people in the 73 listed countries, and not the US
  • No deposit insurance, and withdrawal fees aren't published
  • A physical card needs the Premium tier: a $500+ balance with 1% in Wirex's WPAY token
—
Community score No score yet
73 countries
Opens from every country listed by Wirex
Both
Account type People and companies
Your country Find it in the country list

What you need to open it

As a person

Minutes to a few hours
  • Passport, National ID or Driving licenceOne is enough; a passport alone works
  • Proof of addressRequired
  • SSN or ITINNot part of this sign-up

As a company

Incorporated company
  • Where the company is registeredNot published
  • Owners living abroadNot published
  • EINNot published
  • Corporate registration documents
  • UBO information
  • Authorised signatory ID
  • Proof of business address
  • Biometric verification

✓ needed◐ sometimes asked– not needed? not published

Community score

Reddit, X, Trustpilot, App Store, Google Play, YouTube · How we score
—
Community score Not enough data
No score yet There aren’t enough first-hand reviews yet to publish a fair score. We check again every month. How we score →
What users sayFacts, fees and eligibility still show in full
Account safety Not enough data
Receiving money Not enough data
Fees and FX Not enough data
Support Not enough data

Products

8 of 8 offered or not stated

Bank account details

Yes
USD · ACH EUR · IBAN GBP · sort code

Card

Yes
Visa Virtual ✓ Physical ✓ Apple Pay ✓ Google Pay ✓
Card fee
$0 virtual; physical needs Premium tier
ATM
$0 Wirex fee

Get paid by platforms

Not confirmed
Upwork ? Fiverr ? PayPal ? Stripe ? Deel ? Payoneer ?

Multi-currency balances

Yes
USD EUR GBP
Conversion
0% on card spending

Send and withdraw

Not published

Stablecoins

Yes
USDC USDT EURC

Crypto

Yes
BTC ETH WPAY
Crypto deposits
Yes

Interest on balances

Yes

Up to 9.75% APY on stablecoins (DeFi-based, variable)

Bank account detailsUSD · ACH, EUR · IBAN, GBP · sort code ✓
USD · ACH EUR · IBAN GBP · sort code
CardVisa · Apple Pay · Google Pay ✓
Visa Virtual ✓ Physical ✓ Apple Pay ✓ Google Pay ✓
Card fee$0 virtual; physical needs Premium tier
ATM$0 Wirex fee
Get paid by platformsNone confirmed on its own pages ?
Upwork ? Fiverr ? PayPal ? Stripe ? Deel ? Payoneer ?
Multi-currency balancesUSD, EUR, GBP ✓
USD EUR GBP
Conversion0% on card spending
Send and withdrawFees not published ?
StablecoinsUSDC, USDT, EURC ✓
USDC USDT EURC
CryptoBTC, ETH, WPAY ✓
BTC ETH WPAY
Crypto depositsYes
Interest on balancesUp to 9.75% APY on stablecoins (DeFi-based, variable) ✓

Up to 9.75% APY on stablecoins (DeFi-based, variable)

Fees

Fees checked

Monthly fee

$0

No subscription. Five tiers (Base, Premium, Elite, Private, Bespoke) are set by portfolio size and the share held in Wirex's WPAY token, e.g. Premium needs a $500+ portfolio with 1%+ in WPAY. Tiers decide card type, cashback and earn boosts.

Receiving money

$0 (ACH, SEPA, Faster Payments, stablecoins)

Card top-ups are free locally, but a conversion fee applies when the top-up currency is USD because it is processed in EUR. Stablecoin deposits are credited 1:1 with no spread.

Sending and withdrawing

Not published

SEPA, ACH and Faster Payments withdrawal articles only say fees appear on the review screen; no amounts are published. The Wirex One terms point to a Fees and Limits Schedule whose link is a placeholder ('XXX'). Onchain stablecoin sends pay network fees only.

Currency conversion

0% on card spending

The help article lists the foreign transaction fee as 'Free', and the membership table shows the FX fee as free on every tier. The Wirex One terms say scheme rates and any mark-ups/fees apply. Currency moves inside the app show rate, slippage and fee before you confirm; these are not published.

Card

$0 virtual; physical needs Premium tier

Virtual card for all users. Plastic card for the Premium tier and above; metal Visa Signature card for Private and above. Delivery is free for Bespoke (the membership table also ticks Private). Delivery fees for other tiers are not published. Standard post takes up to 4 weeks, DHL Express 2-5 business days. Lifetime cap of 5 cards.

ATM withdrawals

$0 Wirex fee

The global personal page promises fee-free ATM withdrawals worldwide; the UK personal page says up to £200 fee-free. ATM operator fees are not addressed. Physical/metal cards only, with a limit of 750 EUR/day and 5,000 EUR/month.

Can I open it from my country?

Where you livePersonalBusiness owner
Afghanistan Not accepted Not excluded
Åland Islands Not accepted Not excluded
Albania Not accepted Not excluded
Algeria Not accepted Not excluded
American Samoa Not accepted Not excluded
Andorra Accepted Not excluded
Angola Not accepted Not excluded
Anguilla Not accepted Not excluded
Antarctica Not accepted Not excluded
Antigua and Barbuda Not accepted Not excluded
Argentina Accepted Not excluded
Armenia Not accepted Not excluded
Aruba Not accepted Not excluded
Australia Accepted Not excluded
Austria Accepted Not excluded
Azerbaijan Accepted Not excluded
Bahamas Not accepted Not excluded
Bahrain Accepted Not excluded
Bangladesh Not accepted Not excluded
Barbados Not accepted Not excluded
Belarus Not accepted Not excluded
Belgium Accepted Not excluded
Belize Not accepted Not excluded
Benin Not accepted Not excluded
Bermuda Not accepted Not excluded
Bhutan Not accepted Not excluded
Bolivia Not accepted Not excluded
Bosnia and Herzegovina Not accepted Not excluded
Botswana Not accepted Not excluded
Bouvet Island Not accepted Not excluded
Brazil Accepted Not excluded
British Indian Ocean Territory Not accepted Not excluded
British Virgin Islands Not accepted Not excluded
Brunei Not accepted Not excluded
Bulgaria Accepted Not excluded
Burkina Faso Not accepted Not excluded
Burundi Not accepted Not excluded
Cambodia Not accepted Not excluded
Cameroon Not accepted Not excluded
Canada Not accepted Not excluded
Cape Verde Not accepted Not excluded
Caribbean Netherlands Not accepted Not excluded
Cayman Islands Not accepted Not excluded
Central African Republic Not accepted Not excluded
Chad Not accepted Not excluded
Chile Accepted Not excluded
China Not accepted Not excluded
Christmas Island Not accepted Not excluded
Cocos (Keeling) Islands Not accepted Not excluded
Colombia Accepted Not excluded
Comoros Not accepted Not excluded
Cook Islands Not accepted Not excluded
Costa Rica Not accepted Not excluded
Côte d'Ivoire Not accepted Not excluded
Croatia Accepted Not excluded
Cuba Not accepted Not accepted
Curaçao Not accepted Not excluded
Cyprus Accepted Not excluded
Czechia Accepted Not excluded
Denmark Accepted Not excluded
Djibouti Not accepted Not excluded
Dominica Not accepted Not excluded
Dominican Republic Not accepted Not excluded
DR Congo Not accepted Not excluded
Ecuador Accepted Not excluded
Egypt Not accepted Not excluded
El Salvador Accepted Not excluded
Equatorial Guinea Not accepted Not excluded
Eritrea Not accepted Not excluded
Estonia Accepted Not excluded
Eswatini Not accepted Not excluded
Ethiopia Not accepted Not excluded
Falkland Islands Not accepted Not excluded
Faroe Islands Not accepted Not excluded
Fiji Not accepted Not excluded
Finland Accepted Not excluded
France Accepted Not excluded
French Guiana Not accepted Not excluded
French Polynesia Not accepted Not excluded
French Southern Territories Not accepted Not excluded
Gabon Not accepted Not excluded
Gambia Not accepted Not excluded
Georgia Accepted Not excluded
Germany Accepted Not excluded
Ghana Accepted Not excluded
Gibraltar Accepted Not excluded
Greece Accepted Not excluded
Greenland Not accepted Not excluded
Grenada Not accepted Not excluded
Guadeloupe Not accepted Not excluded
Guam Not accepted Not excluded
Guatemala Not accepted Not excluded
Guernsey Accepted Not excluded
Guinea Not accepted Not excluded
Guinea-Bissau Not accepted Not excluded
Guyana Not accepted Not excluded
Haiti Not accepted Not excluded
Heard and McDonald Islands Not accepted Not excluded
Honduras Not accepted Not excluded
Hong Kong Accepted Not excluded
Hungary Accepted Not excluded
Iceland Accepted Not excluded
India Not accepted Not excluded
Indonesia Not accepted Not excluded
Iran Not accepted Not accepted
Iraq Not accepted Not excluded
Ireland Accepted Not excluded
Isle of Man Accepted Not excluded
Israel Not accepted Not excluded
Italy Accepted Not excluded
Jamaica Not accepted Not excluded
Japan Accepted Not excluded
Jersey Accepted Not excluded
Jordan Not accepted Not excluded
Kazakhstan Accepted Not excluded
Kenya Accepted Not excluded
Kiribati Not accepted Not excluded
Kosovo Not accepted Not excluded
Kuwait Not accepted Not excluded
Kyrgyzstan Not accepted Not excluded
Laos Not accepted Not excluded
Latvia Accepted Not excluded
Lebanon Not accepted Not excluded
Lesotho Not accepted Not excluded
Liberia Not accepted Not excluded
Libya Not accepted Not excluded
Liechtenstein Accepted Not excluded
Lithuania Accepted Not excluded
Luxembourg Accepted Not excluded
Macao Accepted Not excluded
Madagascar Not accepted Not excluded
Malawi Not accepted Not excluded
Malaysia Accepted Not excluded
Maldives Not accepted Not excluded
Mali Not accepted Not excluded
Malta Accepted Not excluded
Marshall Islands Not accepted Not excluded
Martinique Not accepted Not excluded
Mauritania Not accepted Not excluded
Mauritius Not accepted Not excluded
Mayotte Not accepted Not excluded
Mexico Accepted Not excluded
Micronesia Not accepted Not excluded
Moldova Accepted Not excluded
Monaco Accepted Not excluded
Mongolia Not accepted Not excluded
Montenegro Accepted Not excluded
Montserrat Not accepted Not excluded
Morocco Not accepted Not excluded
Mozambique Not accepted Not excluded
Myanmar Not accepted Not excluded
Namibia Not accepted Not excluded
Nauru Not accepted Not excluded
Nepal Not accepted Not excluded
Netherlands Accepted Not excluded
New Caledonia Not accepted Not excluded
New Zealand Accepted Not excluded
Nicaragua Not accepted Not excluded
Niger Not accepted Not excluded
Nigeria Accepted Not excluded
Niue Not accepted Not excluded
Norfolk Island Not accepted Not excluded
North Korea Not accepted Not accepted
North Macedonia Not accepted Not excluded
Northern Mariana Islands Not accepted Not excluded
Norway Accepted Not excluded
Oman Accepted Not excluded
Pakistan Not accepted Not excluded
Palau Not accepted Not excluded
Palestine Not accepted Not excluded
Panama Accepted Not excluded
Papua New Guinea Not accepted Not excluded
Paraguay Not accepted Not excluded
Peru Accepted Not excluded
Philippines Accepted Not excluded
Pitcairn Islands Not accepted Not excluded
Poland Accepted Not excluded
Portugal Accepted Not excluded
Puerto Rico Not accepted Not excluded
Qatar Not accepted Not excluded
Republic of the Congo Not accepted Not excluded
Réunion Not accepted Not excluded
Romania Accepted Not excluded
Russia Not accepted Not excluded
Rwanda Not accepted Not excluded
Samoa Not accepted Not excluded
San Marino Not accepted Not excluded
São Tomé and Príncipe Not accepted Not excluded
Saudi Arabia Not accepted Not excluded
Senegal Not accepted Not excluded
Serbia Accepted Not excluded
Seychelles Not accepted Not excluded
Sierra Leone Not accepted Not excluded
Singapore Not accepted Not excluded
Sint Maarten Not accepted Not excluded
Slovakia Accepted Not excluded
Slovenia Accepted Not excluded
Solomon Islands Not accepted Not excluded
Somalia Not accepted Not excluded
South Africa Accepted Not excluded
South Georgia and South Sandwich Islands Not accepted Not excluded
South Korea Accepted Not excluded
South Sudan Not accepted Not excluded
Spain Accepted Not excluded
Sri Lanka Not accepted Not excluded
St Barthélemy Not accepted Not excluded
St Helena Not accepted Not excluded
St Kitts and Nevis Not accepted Not excluded
St Lucia Not accepted Not excluded
St Martin Not accepted Not excluded
St Pierre and Miquelon Not accepted Not excluded
St Vincent and the Grenadines Not accepted Not excluded
Sudan Not accepted Not excluded
Suriname Not accepted Not excluded
Svalbard and Jan Mayen Not accepted Not excluded
Sweden Accepted Not excluded
Switzerland Accepted Not excluded
Syria Not accepted Not published
Taiwan Accepted Not excluded
Tajikistan Not accepted Not excluded
Tanzania Not accepted Not excluded
Thailand Accepted Not excluded
Timor-Leste Not accepted Not excluded
Togo Not accepted Not excluded
Tokelau Not accepted Not excluded
Tonga Not accepted Not excluded
Trinidad and Tobago Not accepted Not excluded
Tunisia Not accepted Not excluded
Türkiye Not accepted Not excluded
Turkmenistan Not accepted Not excluded
Turks and Caicos Islands Not accepted Not excluded
Tuvalu Not accepted Not excluded
U.S. Outlying Islands Not accepted Not excluded
U.S. Virgin Islands Not accepted Not excluded
Uganda Accepted Not excluded
UkraineOwners: Crimea and the occupied Donetsk and Luhansk regions are excluded (US region-wide embargoes). Accepted Limited
United Arab Emirates Accepted Not excluded
United Kingdom Accepted Not excluded
United States Not accepted Not excluded
Uruguay Not accepted Not excluded
Uzbekistan Accepted Not excluded
Vanuatu Not accepted Not excluded
Vatican City Not accepted Not excluded
Venezuela Not accepted Not excluded
Vietnam Not accepted Not excluded
Wallis and Futuna Not accepted Not excluded
Western Sahara Not accepted Not excluded
Yemen Not accepted Not excluded
Zambia Not accepted Not excluded
Zimbabwe Not accepted Not excluded
Accepted named on Wirex’s pages Not excluded only sanctioned countries are ruled out Limited opens with restrictions Not accepted can’t open from here Not published Wirex doesn’t say

250 countries and territories.

Is my money safe?

No deposit insuranceWirex One balances sit as stablecoins in the user's own self-custodial wallet; no deposit insurance. Wirex Business balances are not covered by any national deposit protection scheme, but funds received for payments are safeguarded in segregated accounts. UK pages say products are not FSCS protected.
  • Self-custodial walletDescribes Wirex One, the account new personal customers open: a non-custodial wallet (keys via Privy) with regulated add-ons. Cards are issued by Wirex Limited, an FCA-authorised e-money institution (FRN 902025). Crypto-asset services in the UK/EEA come from partner Crossmint Europe. Wirex Business is a different, account-based product: fiat via OpenPayd, balances safeguarded.
  • Licences and registrations (3)
    • Electronic money institution (Wirex Limited) · Financial Conduct Authority (FCA) · United Kingdom · FRN 902025
    • Crypto-asset service provider (partner Crossmint Europe, S.L.) · Comisión Nacional del Mercado de Valores (CNMV) · Spain
    • Payment institution (partner Crossmint Europe, S.L.) · Bank of Spain · Spain
  • Legal entities
    • Wirex Limited · England and Wales
    • UAB Wirex · Lithuania
  • Partner banks OpenPayd Financial Services Malta Limited
  • Deposit protectionWirex One balances sit as stablecoins in the user's own self-custodial wallet; no deposit insurance. Wirex Business balances are not covered by any national deposit protection scheme, but funds received for payments are safeguarded in segregated accounts. UK pages say products are not FSCS protected.
  • Who holds the moneyWirex One is non-custodial. Wallet keys are split with Privy (Shamir secret sharing + AWS Nitro enclaves) and can be exported; balances live on-chain on Circle Arc (USD as USDC/USDT, EUR as EURC). Wirex says it cannot move or freeze wallet funds. Wirex Business: fiat runs through OpenPayd and may be held as stablecoins at Wirex's discretion; its marketing calls it both 'non-custodial' and 'regulated custody'.

Wirex vs the alternatives

Feature Wirex — KAST — Xapo Bank — RedotPay —
Who it’s for People and companiesPeople and companiesPeople and companiesFor people
USD account (ACH) Yes Yes Yes No
EUR IBAN Yes Yes Yes Yes
GBP account Yes No Yes Yes
Card VisaVisaVisa and MastercardVisa
Monthly fee $0$0 (Standard)$1,000/year membership$0
Send and withdraw Not publishedUSD ACH $1 or wire $15 (+0.08%), SWIFT $35; local currency typically $2 + 1% FXSEPA €0.15; FPS £0.15; ACH $30 + 0.15%; SWIFT 0.2% + £25Crypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free
Currency conversion 0% on card spending0.5%–1.75%0% on card spending1.2% (transactions not in the card currency) + 1% crypto conversion fee
Stablecoins USDC, USDT, EURC USDC, USDT, PYUSD, RLUSD No USDT, USDC, RLUSD
Interest on balances Up to 9.75% APY on stablecoins (DeFi-based, variable)Reserve Rewards (promotional cashback, not interest) on USD in the Reserve Account: 8% Standard, up to 10% Premium (first $50k), up to 12% Private (first $200k); variable T-bill-linked APY in the USDKY vaultUSD Savings 4.1% variable; BTC Savings 0.25% (up to 2 BTC); paid daily in BTCVariable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only
Deposit protection Not insuredNot insuredDeposit schemeNot insured
Wirex — KAST — Xapo Bank — RedotPay —
Who can open it
Who it’s for
Wirex People and companies
KAST People and companies
Xapo Bank People and companies
RedotPay For people
Account
USD account (ACH)
Wirex Yes
KAST Yes
Xapo Bank Yes
RedotPay No
EUR IBAN
Wirex Yes
KAST Yes
Xapo Bank Yes
RedotPay Yes
GBP account
Wirex Yes
KAST No
Xapo Bank Yes
RedotPay Yes
Card
Wirex Visa
KAST Visa
Xapo Bank Visa and Mastercard
RedotPay Visa
Fees
Monthly fee
Wirex $0
KAST $0 (Standard)
Xapo Bank $1,000/year membership
RedotPay $0
Send and withdraw
Wirex Not published
KAST USD ACH $1 or wire $15 (+0.08%), SWIFT $35; local currency typically $2 + 1% FX
Xapo Bank SEPA €0.15; FPS £0.15; ACH $30 + 0.15%; SWIFT 0.2% + £25
RedotPay Crypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free
Currency conversion
Wirex 0% on card spending
KAST 0.5%–1.75%
Xapo Bank 0% on card spending
RedotPay 1.2% (transactions not in the card currency) + 1% crypto conversion fee
Your money
Stablecoins
Wirex USDC, USDT, EURC
KAST USDC, USDT, PYUSD, RLUSD
Xapo Bank No
RedotPay USDT, USDC, RLUSD
Interest on balances
Wirex Up to 9.75% APY on stablecoins (DeFi-based, variable)
KAST Reserve Rewards (promotional cashback, not interest) on USD in the Reserve Account: 8% Standard, up to 10% Premium (first $50k), up to 12% Private (first $200k); variable T-bill-linked APY in the USDKY vault
Xapo Bank USD Savings 4.1% variable; BTC Savings 0.25% (up to 2 BTC); paid daily in BTC
RedotPay Variable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only
Deposit protection
Wirex Not insured
KAST Not insured
Xapo Bank Deposit scheme
RedotPay Not insured

Every cell comes from that company’s own pages.

Questions people ask

Is Wirex a bank?

No. Wirex is a self-custodial wallet, with 3 licences or registrations in United Kingdom and Spain. It names these partner banks: OpenPayd Financial Services Malta Limited.

Is money in Wirex protected?

Wirex One balances sit as stablecoins in the user's own self-custodial wallet; no deposit insurance. Wirex Business balances are not covered by any national deposit protection scheme, but funds received for payments are safeguarded in segregated accounts. UK pages say products are not FSCS protected.

Who can open Wirex?

Wirex One, a self-custodial personal app with a Visa card and USD (ACH), EUR (IBAN) and GBP (sort code) details, is open to adults in 73 listed countries across Europe, Asia-Pacific, the Gulf/Central Asia, Africa and Latin America (not the US). Wirex Business is open to incorporated companies that are not from countries on a prohibited list Wirex does not publish.

Do I need an SSN or ITIN?

An SSN isn't part of Wirex's sign-up. It doesn’t accept an ITIN. A passport alone works as ID.

How long does approval take?

Personal: Minutes to a few hours.

Can Upwork, Fiverr, PayPal and Stripe pay into Wirex?

Not confirmed on its own pages: Upwork, Fiverr, PayPal, Stripe, Deel and Payoneer.

Does Wirex have a card?

Yes, a Visa card, virtual and physical. Card fees: $0 virtual; physical needs Premium tier. It works with Apple Pay and Google Pay.

Can I hold crypto in Wirex?

Stablecoins: USDC, USDT and EURC. Other crypto: BTC, ETH and WPAY.

Does Wirex pay interest on balances?

Up to 9.75% APY on stablecoins (DeFi-based, variable).

Facts last verified against 17 pages on Wirex’s own sites. Report a mistake

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