Wise: A Must-Have for Digital Nomads

Nomad EssentialsMoney for Nomads
Written By WRUGoing

When you live and work across borders, managing your money shouldn’t slow you down. That’s why so many digital nomads turn to Wise. Whether you’re working remotely from Europe, freelancing in Southeast Asia, or traveling full time, Wise makes it easier to handle multiple currencies in one account.

You can receive payments, hold money, pay online, and spend abroad all from a single Wise account.

Why Digital Nomads Choose Wise

Wise is a global money platform that helps people send and receive money internationally. It’s known for using the mid-market exchange rate, the same rate you’d see on Google, without inflated markups.

You can hold over 40 currencies, use the Wise debit card, and even receive local bank details in several countries. That means clients, employers, or platforms can pay you like a local, without international wire hassles.

Key Benefits for Nomads

  • Access to local account details in countries like the US, UK, Australia, and the Eurozone

  • Send and receive money in 40+ currencies

  • Spend like a local in 160+ countries

  • Use with Apple Pay or Google Pay

  • Get real-time spending alerts

  • Two free ATM withdrawals per month

  • No monthly fees, just pay when you use it

How Local Account Details Work

One of Wise’s standout features is its ability to give you local bank details in different countries. This means you can get paid like a local, even if you're not there.

For example:

  • UK: You get a Sort Code and Account Number

  • US: You get ACH and wire routing numbers

  • Eurozone: You get an IBAN

  • Australia: You get a BSB and Account Number

These details work just like local bank details would for someone living in those countries. You can give them to employers, clients, or platforms like Upwork and PayPal to receive payments without conversion fees.

Things to Know

Wise is not a traditional bank, so there are a few things it doesn’t offer:

  • You can’t pay in or withdraw cash directly

  • You won’t find physical branches

  • Fees may apply after your free ATM limits

But for digital nomads who live cashless and mobile, this rarely gets in the way.

Choosing the Right Wise Account

Wise offers two account types:

  • Personal Account – Ideal for freelancers, remote workers, and travelers

  • Business Account – Great for those who invoice clients, receive platform payments, or pay remote teams

You can compare both during sign-up to see which one fits your setup better.

Wise is a must-have for digital nomads who want more control, transparency, and flexibility with their money. With no monthly fees, the ability to get paid globally like a local, and easy multi-currency spending, it’s one of the best tools for managing your finances on the move.

Open your Wise account before your next trip. It might just become your most-used travel essential.

WRUGoing