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
The absence of automatic deposit insurance means customers' funds held with Wise do not carry the same default protections as funds held in a traditional insured bank account.
Interpretive note: The word 'automatically' leaves open whether non-automatic or partial coverage exists; this qualifier is preserved in all fields as required.
Customers' funds held with Wise are not automatically insured by the FDIC or any other deposit protection scheme, regardless of currency.
How other platforms handle this
Netflix is not obligated to credit or discount a subscription for holds placed on the account by either a representative of Netflix or by the automated processes of Netflix.
TINDER ASSUMES NO RESPONSIBILITY FOR ANY CONTENT THAT YOU OR ANOTHER USER OR THIRD PARTY POSTS, SENDS, RECEIVES, AND/OR ACTS ON THROUGH OUR SERVICES, NOR DOES TINDER ASSUME ANY RESPONSIBILITY FOR THE IDENTITY, INTENTIONS...
we do not warrant that Offering descriptions are accurate, complete, reliable, current, or error-free.
Monitoring
Wise has changed this document before.
Receive same-day alerts, structured change summaries, and monitoring for up to 25 platforms.
"Money you hold with Wise, in any currency, is not automatically insured by any deposit protection scheme, including the Federal Deposit Insurance Corporation (FDIC).— Excerpt from Wise's Wise Terms of Use (Superseded URL)
Compliance Governance Intelligence
Need to monitor specific governance provisions?
Compliance includes provision-level monitoring, governance timelines, regulatory mapping, and audit-ready analysis.
Built from archived source documents, structured governance mappings, and historical version tracking.
The absence of automatic deposit insurance means customers' funds held with Wise do not carry the same default protections as funds held in a traditional insured bank account.
Customers' funds held with Wise are not automatically insured by the FDIC or any other deposit protection scheme, regardless of currency.
ConductAtlas has identified this type of provision across 286 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Wise.