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Reply to "Has anyone used Wise for foreign currency?"
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[quote=Anonymous]Wise works fine. They even pay a little interest on money you hold in the accoutn. I keep $1-2k in there as I use it when traveling to get a great rate paying in local currency. They are licensed in the US, but they aren't a bank = not FDIC insured. However, they are huge and a potential $1-2k loss is a risk I'm willing to take. I've used them for years with no issues.[/quote]
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