Avoid if you want to do anything over £1k!
Wise with a bank card WAS great back when all I wanted to do was go on holiday and use local currency. So you convert £200-£500 to local currency and then use ATM's to take out local currency or your card to pay for local currency. But after a while with them I thought I would use Wise for larger transactions in various currency. BIG MISTAKE!!! They cannot deal with anything over £1000 it seems. Funds are held for days on end without clearing. I had an incoming wire which was held for 7 days. Then when sending some of it on it got held for another 3 days. Now I have just tried to pay a business in Canada for a holiday and the funds have been held for approximately 4 days! Ridiculous. I understand financial institutes have to run money laundering checks but the companies they are checking are global companies and it should not take more than 24 hours to check! Avoid Wise like the plague if you want to do anything over £1000.