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
This clause operationalizes Wise's compliance obligations under financial services regulation and anti-money laundering frameworks by establishing contractual restrictions on permissible transaction types. The sole discretion standard allows Wise to apply these restrictions based on evolving regulatory requirements and risk assessments without requiring provision amendments.
The updated terms now authorize Wise to accept incoming funds via FedNow, a new instant payment service. The agreement states that FedNow transactions are processed in real time and generally cannot be canceled or reversed once completed, distinguishing them from traditional transfers that may have reversal windows. The terms also establish that Wise may decline any incoming FedNow transaction at its discretion where required for security, compliance, or operational reasons, without specifying advance notice or appeal procedures. Users receiving FedNow payments should understand that such transfers become final immediately upon completion.
View change record →Users are contractually bound to restrict their use of Wise services to lawful purposes and non-high-risk activity categories as defined by Wise. Transactions that fall within the prohibited categories may be declined, suspended, or result in account restrictions based on Wise's determination.
How other platforms handle this
You agree not to post, upload, publish, submit or transmit any content that: (i) infringes, misappropriates or violates a third party's patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii) violates, or encourages any ...
You agree not to engage in any of the following prohibited activities: (i) copying, distributing, or disclosing any part of the Services in any medium; (ii) using any automated system, including 'robots,' 'spiders,' 'offline readers,' etc., to access the Services; (iii) transmitting spam, chain lett...
You agree not to engage in any of the following prohibited activities: (i) copying, distributing, or disclosing any part of the Service in any medium, including without limitation by any automated or non-automated 'scraping'; (ii) using any automated system, including without limitation 'robots,' 's...
Monitoring
Wise has changed this document before.
Receive same-day alerts, structured change summaries, and monitoring for up to 25 platforms.
"You agree not to use the services to: conduct or facilitate any illegal transactions; send or receive funds on behalf of any third party without our express written consent; use the services in connection with any business involving gambling, adult content, drugs, weapons, or other activities we deem high-risk; engage in any activity that violates any applicable law or regulation, including OFAC sanctions; or misuse the services in any way that could expose Wise to reputational, regulatory, or financial harm. We reserve the right to determine, in our sole discretion, whether a transaction or use of the services is prohibited.— Excerpt from Wise's Wise Terms of Use
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.
This clause operationalizes Wise's compliance obligations under financial services regulation and anti-money laundering frameworks by establishing contractual restrictions on permissible transaction types. The sole discretion standard allows Wise to apply these restrictions based on evolving regulatory requirements and risk assessments without requiring provision amendments.
Users are contractually bound to restrict their use of Wise services to lawful purposes and non-high-risk activity categories as defined by Wise. Transactions that fall within the prohibited categories may be declined, suspended, or result in account restrictions based on Wise's determination.
ConductAtlas has identified this type of provision across 1 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Wise.