By using Wise, you agree that your personal and financial information can be collected, used, and shared with third parties including service providers, banks, and regulators as part of how Wise operates.
This analysis describes what Wise's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Your financial transaction data and personal information will be shared with multiple third-party entities, and the full scope of that sharing is defined by Wise's Privacy Policy rather than this agreement alone, requiring you to review both documents to understand your data exposure.
Interpretive note: The specific categories of data shared with service providers and financial institutions are governed by the Privacy Policy, which is incorporated by reference but not available in this document, creating uncertainty about the full scope of sharing authorized by this consent.
The updated terms extend the deadline for reporting transaction errors from 60 days to 120 days for all transactions except Send Money transfers. The 120-day period begins either from the first day you could see the error in your online account history or the day Wise sent the first written statement showing the error, whichever comes first. This change gives account holders twice as long to identify and report discrepancies before losing the right to dispute them.
View change record →Removal of explicit privacy authorization language reduces transparency about data sharing practices, though similar provisions appear reorganized under customer due diligence section.
View full change record →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.
View full change record →Your financial and personal data will be shared with Wise's service providers, partner financial institutions, and government regulators as a condition of using the service, and the Privacy Policy governs the details of that sharing, so reviewing both documents together gives the most complete picture of your data rights.
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If you choose to reveal any personal information about yourself to other users, you do so at your own risk. We strongly encourage you to use caution in disclosing any personal information online.
When you are asked to provide information, you may decline to do so; but if you choose not to provide information that is necessary to provide some of our Services, you may not be able to use those Services.
to request that your data be transferred to a third party (data portability)
"By using our services, you consent to the collection, use, and sharing of your personal and financial information as described in our Privacy Policy. This includes sharing your information with third-party service providers, financial institutions, and regulatory authorities as required to provide our services and comply with applicable law.Excerpt from Wise's Terms of Use (Superseded URL)
1) REGULATORY LANDSCAPE: The collection and sharing of financial and personal data by a money services business engages the Gramm-Leach-Bliley Act's financial privacy provisions, which require specific annual privacy notices and opt-out rights for certain …
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
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Your financial transaction data and personal information will be shared with multiple third-party entities, and the full scope of that sharing is defined by Wise's Privacy Policy rather than this agreement alone, requiring you to review both documents to understand your data exposure.
Your financial and personal data will be shared with Wise's service providers, partner financial institutions, and government regulators as a condition of using the service, and the Privacy Policy governs the details of that sharing, so reviewing both documents together gives the most complete picture of your data rights.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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