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Wise expands offerings with UK current account launch

A new current account that enables users to receive money, set up direct debits, and access tools for splitting bills and managing expenses. Customers can earn a 3.26% variable interest rate on GBP balances through Wise Assets' Interest feature.

"Banks haven't kept pace with what customers expect for their current account. People shouldn't need separate accounts for home and abroad," commented Nilan Peiris, Wise's Chief Product Officer.

Tags

payments, uk