Grants Wise unilateral authority to block or reverse transactions without notice based on subjective assessment of compliance risk, potentially leaving users without funds and without advance warning.

Explicitly lists prohibited transaction categories (gambling, adult content, weapons) and places compliance burden on users, creating potential liability exposure for users engaging in these activities.

Explicitly disclaims FDIC protection and clarifies non-bank status, informing users that their funds lack federal deposit insurance coverage despite being held with the platform.

The explicit class action waiver language was removed in the current version, though arbitration remains; this change may allow for class actions depending on applicable law interpretation.

Removal of this provision eliminates the explicit liability waiver for security breaches caused by user negligence, potentially increasing Wise's liability for account security failures.

The specific court jurisdiction clause was removed and replaced with mandatory arbitration under AAA rules, eliminating users' right to pursue litigation in New York courts.

Changed from 'with or without cause' to 'if we reasonably believe you have breached' (adding a reasonableness standard) and narrowed harm protection from general 'protect Wise or our customers' to specific 'financial or reputational harm.'

Replaced blanket exclusion of indirect/consequential damages with a specific liability cap tied to transaction value or 12-month fees, materially limiting Wise's exposure but providing a concrete ceiling rather than elimination.

Added explicit mention of 'counter-terrorist financing' requirements and added user authorization for third-party verification, while removing the provision allowing account suspension pending verification.

Simplified provision to focus on change mechanism with immediate effectiveness possible, removing prior detailed explanation of mid-market exchange rates and transparency language.

Added requirement to notify of 'material changes' specifically via email or app where legally required, and added Wise app as notification channel, providing somewhat more stringent notice procedures.

Removed reference to court jurisdiction in New York and replaced with mandatory binding arbitration under American Arbitration Association rules, eliminating the option to litigate in court.

Changed from permissive language ('we may share') to affirmative consent requirement ('by using you consent'), added explicit reference to Privacy Policy, and removed the separate mention of aggregated/de-identified data sharing.