The agreement is governed by New York law, and any disputes not subject to arbitration must be brought exclusively in state or federal courts in New York County.
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 provision establishes New York as the governing law jurisdiction and exclusive venue for non-arbitrable disputes. Users located outside New York who have claims not covered by arbitration would be required to pursue them in New York courts, which may create a practical access barrier depending on the nature and value of the claim.
Interpretive note: The exact governing law clause language is partially reconstructed from document context and standard Wise US agreement structure; the provision's application to specific dispute types may depend on the full agreement text.
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 →Under this clause, the agreement is interpreted under New York law and any court proceedings not directed to arbitration must be filed in New York County courts. This venue requirement applies regardless of the user's state of residence.
How other platforms handle this
These Terms shall be governed by the laws of the State of California, excluding its conflicts of law rules, and the federal laws of the United States. Any dispute arising from or relating to the subject matter of these Terms shall be finally settled by arbitration in San Francisco County, California...
These Terms of Service and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any choice o...
These Terms are governed by the laws of the State of Minnesota, without giving effect to any choice of law or conflict of law provisions. Any disputes not subject to arbitration will be resolved in the state or federal courts located in Hennepin County, Minnesota.
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"This Agreement is governed by the laws of the State of New York, without regard to its conflict of law provisions. To the extent that any dispute is not subject to arbitration under this Agreement, you consent to the exclusive jurisdiction of the state and federal courts located in New York County, New York.— Excerpt from Wise's Wise Terms of Use
(1) REGULATORY LANDSCAPE: New York's consumer protection laws, including General Business Law Article 22-A, may interact with the governing law choice for consumer claims. The conflict of law clause ('without regard to conflict of law provisions') may limit the applicability of the user's home state consumer protection laws, though courts may decline to enforce choice-of-law clauses that deprive consumers of protections their home state mandates. (2) GOVERNANCE EXPOSURE: Medium. The New York venue requirement for non-arbitrated disputes creates a practical litigation barrier for users in other states, particularly those in California or other states with strong consumer protection frameworks. The governing law clause may also limit applicability of more protective state consumer statutes. (3) JURISDICTION FLAGS: California courts have sometimes declined to enforce foreign choice-of-law clauses where enforcement would deprive California consumers of rights under California law. The interaction between New York governing law and state-specific consumer protection statutes warrants evaluation for any user bringing a non-arbitrated claim. (4) CONTRACT AND VENDOR IMPLICATIONS: Business customers in states with specific commercial law protections should assess whether New York governing law is consistent with their contractual requirements and whether any mandatory state law provisions would override the choice-of-law clause. (5) COMPLIANCE CONSIDERATIONS: Legal teams should assess whether any pending claims or disputes involving US-based users outside New York require evaluation of the governing law and venue provisions in the context of the user's home state consumer protection rights.
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This provision establishes New York as the governing law jurisdiction and exclusive venue for non-arbitrable disputes. Users located outside New York who have claims not covered by arbitration would be required to pursue them in New York courts, which may create a practical access barrier depending on the nature and value of the claim.
Under this clause, the agreement is interpreted under New York law and any court proceedings not directed to arbitration must be filed in New York County courts. This venue requirement applies regardless of the user's state of residence.
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