Wise vs Krak Comparison At a Glance
We've divided the key information you need to know when comparing Krak vs Wise into several aspects: pros & cons, coverage, pricing, limits, supported asset management, accounts and their onboarding, security, user experience and the company's info. However, if you want a quick side-by-side Krak vs Wise comparison to see which one is rated better, check out the table below.
With an overall score of 9.6, Krak clearly comes out on top. Wise, by comparison, holds a rating of 9.3. As for the service quality and advantages you get considering the platform’s costs, Krak outperforms Wise as well, offering better value for money.
To give you a broader view of the money transfer service market, we've also put Wise and Krak next to Ogvio, which has the highest overall score. You'll see how all three compare throughout this page.
Compare Other Money Transfer Services
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| Per-transaction | Per-transaction | Per-transaction | |
| A global money transfer service with an additional volatile currency rate pegging to USD and EUR feature. | An all-in-one money app for everyday transactions. | A transparent money transfer service that uses the mid-market rate and shows fees upfront. | |
| Visit site | Visit site Read review | Visit site |
A Detailed Comparison of Krak vs Wise
Find out which provider offers the fastest, cheapest, and simplest ways to send money with this elaborate Wise vs Krak international transfer comparison table. From supported delivery methods and fees to any extra features, you'll see it all in one place.
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Coverage |
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US
Germany
France+160 more |
US
Canada
Indonesia+160 more |
US
Canada
Germany +160 more |
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EN ID CN +6 more |
EN IT FR +20 more |
EN DE FR +15 more |
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USD
EUR
CAD+40 more |
USD
EUR
CAD +6 more |
USD
CAD
EUR +40 more |
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USDCEURC 
BONK+ 300 more |
BTC
ETH
SOL+300 more |
Fiat-only |
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Pricing |
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| Free |
Bank - €0-3 Card - €0.25 + 3.75% |
Bank - free Card - varies SWIFT - varies |
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| Free | 0.000015 BTC |
ATM - 2 free/mo < $200; then 1.75% Bank - varies |
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Limits |
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| No minimum | $10 | No minimum | |
| No minimum | $10 | ATM - not specified | |
| No minimum | $10 | Not specified | |
| No limits | $15,000/week |
Wire - $20,000,000/transfer SWIFT - $1,600,000/transfer |
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| No limits |
Cash - $100,000/day Crypto - $500,000/day |
ATM (EEA/UK) - 2x free/mo; then €0.5 + 1.75% ATM (US) - 2x free/mo; then $1.5 + 2% |
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Asset Movement |
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Accounts |
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| Coming soon | None | Physical/Virtual | |
Security |
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| Name, surname, possibly ID, and selfie | Name, surname, proof of address, ID | ID, proof of address, selfie, other for larger limits | |
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User Experience |
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| Coming soon | Android/iOS | Android/iOS | |
| Chat - 24/7 |
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N/A |
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1 Crypto trading 2 Staking |
1 Earn (staking) - up to 8.8% APR 2 Opt-in - up to 0.10% |
1 Wise Interest 2 Stocks |
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1 Username functionality 2 No freezes 3 Referral program |
1 Username functionality (Kraktag) 2 Proof-of-Reserves |
1 Mid-market exchange rate |
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Company's info |
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| 2025 | 2025 | 2011 | |
| Vytautas Zabulis | Arjun Sethi, Jesse Powell | Taavet Hinrikus, Kristo Käärmann | |
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| MSB | MiCA, FCA, FinCEN | FCA, EMI, EEA, MSB | |
| Visit site | Visit site Read review | Visit site | |
Krak vs Wise Comparison Result Analysis
It's clear there are both Krak vs Wise differences and similarities. Let's go over some of the key aspects and see which is more suited for your remittance needs.
Supported Countries & Currencies
Speaking of worldwide reach, Krak is supported in US, Canada, Indonesia and +160 more countries, while Wise is supported in US, Canada, Germany and +160 more countries.
As for fiat currency support, Krak can be used to transfer USD, EUR, CAD and +6 more currencies. In the meantime, Wise supports USD, CAD, EUR and +40 more currencies. Keep in mind that some money transfer services also support crypto – check out the table above to see which ones are available on Krak and Wise (if any).
Verdict at a Glance:
Considering the overall reach, Krak and Wise are available in a similar number of countries. When it comes to fiat you can transfer, Wise is a clear winner with USD, CAD, EUR and +40 more currencies.
Fees
When it comes to the pricing structure, Krak uses the per-transaction pricing model with no transaction fees. Wise also uses the same model and has variable transaction fees.
Check Krak vs Wise fees comparison of deposits, withdrawals and any other priced actions in the table above. You can also see if these platforms apply an exchange rate markup.
Verdict at a Glance:
Both Krak and Wise use the per-transaction pricing model. Krak has no transaction fees & Wise has variable transaction fees.
Transfer Speeds
Krak is known to offer instant transaction speed. It may sometimes vary depending on the delivery method, though – Krak supports Bank deposit, Cash pickup and Wallet transfer.
Wise supports Bank deposit, ATM and Mobile wallet as delivery methods and offers average transaction speed.
Verdict at a Glance:
Krak is generally faster than Wise, though it can sometimes depend on your chosen transfer method and the countries you send from/to.
Limits & Funding Methods
Krak can be funded via PayPal, Manual bank transfer, Apple Pay and Card, and it limits its transfers in the following way - $15,000/week.
Wise puts limits on transactions as follows – Wire - $20,000,000/transfer; SWIFT - $1,600,000/transfer. Considering available funding methods, you can deposit money to Wise via ACH, Wire, Card, SEPA, Faster Payments, SWIFT, iDEAL and Trustly.
By the way, many (but not all) providers set minimum deposit, withdrawal, and transfer amounts, which you can check in the Krak vs Wise comparison table above.
Verdict at a Glance:
Regardless of how similar or different Krak and Wise seem, always check your account for actual limits because some platforms tie them to your verification level and country.
Summary
This thorough Krak vs Wise comparison puts Krak ahead based on several factors. However, if we compare either with Ogvio, it outperforms both, having an overall score of 9.8. It provides the highest value for money considering its low-to-no costs, ease of use, worldwide support, and transaction speed. That's why it ranks as the top money transfer service provider.
How Is This Krak vs Wise Comparison Created?
1. We Collect
All information in this Krak vs Wise comparison comes from official provider pages, their fee schedules, verified payout samples, and personal testing. We check each country/currency coverage, fees, funding & payout methods, limits, and much more. You can be sure that all the collected information is accurate and up to date.
2. We Examine
Our experts double- and triple-check every data entry in the provider pages and trusted sources. We convert different fee formats into one standard layout, bring all info to the same baseline, and ensure you get all the essential details. The result is clean, comparable information you see in our Money Transfer Services Comparison Tool.
3. We Rate
We rate each provider to make choosing between Wise vs Krak for travel or remittances simple. Our score blends fees, markup presence, transfer speed, coverage, limits, security, and other factors. Each provider gets a clear score and a short verdict so you can quickly see which is cheapest, fastest, or best for specific use cases.
4. You Choose
Then, it's your call. After we compile the data and rate each provider, you can go over the quick and detailed Krak vs Wise comparison tables to place each provider's fees, coverage, delivery methods or any other aspects that matter to you side-by-side. This way, you can pick the best money transfer service for your needs.
FAQ
Is Krak better than Wise?
For some users, Krak might be better, while others might prefer Wise. It generally depends on your needs. When comparing Krak vs Wise for international payments or other use cases, always start with coverage and asset support, then make sure to check total costs and available delivery options. If neither option is suitable for you, consider exploring alternative money transfer services.
What is the best international money transfer service?
"The best" is a subjective term. Users seeking cash pickup or home delivery options will opt for more traditional money transfer services. Others, who seek speed, convenience and low costs, might choose neobank-like services. Speaking of which, one of the best new generation money transfer providers to watch is Ogvio. It’s all about low-to-zero fees, worldwide reach, and instant money transfers. On top of that, with EUR- or USD-denominated accounts, it helps protect funds from local inflation or currency depreciation.
Can I use more than one money transfer app?
Yes, using multiple money transfer apps, be it Wise and Krak or any other, sometimes might even be a better idea than sticking to one. For example, one provider might offer the lowest costs and fastest speeds, which would be highly beneficial for everyday transfers, while another can provide you with home delivery or cash pickup when you need it. You can surely find the most suitable providers for you using our Money Transfer Service Comparison Tool.
How do Krak vs Wise compare in terms of country and currency support?
Krak is supported in US, Canada, Indonesia and +160 more countries and can be used to transfer USD, EUR, CAD and +6 more currencies. Wise, on the other hand, is supported in US, Canada, Germany and +160 more countries and allows USD, CAD, EUR and +40 more currencies transfers. Some providers might be better than others in specific countries or regions (e.g., the Philippines, India, Mexico, etc.).
Which is cheaper for international transfers, Wise or Krak?
Both Krak and Wise use the per-transaction pricing model. To see which is the cheaper option, check Krak vs Wise fees comparison above in the "Pricing" field. There, you'll find transaction, deposit, withdrawal, and any other costs, including whether or not they add an exchange rate markup. If neither is cheap enough, check out other money transfer providers.
How to compare platforms with this Money Transfer Service Comparison Tool?
It's very easy to use, just pick two services you want to compare in the drop-down menu and click "Compare Now". Once you do that, you'll get an instant money transfer service comparison. As you scroll through it, you'll find all the key info, including the platform's reach, speed, supported methods, limits, extra features, and the best money transfer fee comparison for 2025 and beyond.
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