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 liability limitation establishes the maximum financial exposure Wise assumes under the agreement. The dual-threshold structure (12-month fee amount or $100 minimum) and the categorical exclusion of indirect damages create defined boundaries for Wise's contractual obligation to compensate users for covered claims.
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' recoverable damages for any claim related to the agreement or services are restricted to the greater of amounts paid in the preceding 12 months or $100, and Wise assumes no liability for indirect, consequential, or punitive damages regardless of notice or foreseeability. This structure applies to all covered claims under the terms.
How other platforms handle this
To the maximum extent permitted by applicable law, in no event will Synthesia's aggregate liability to you under or in connection with this Agreement exceed the total fees paid or payable by you to Synthesia in the twelve (12) month period immediately preceding the event giving rise to the claim. In...
To the maximum extent permitted by applicable law, Kit shall not be liable for any indirect, incidental, special, consequential or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting ...
To the maximum extent permitted by applicable law, Pinterest shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, res...
Monitoring
Wise has changed this document before.
Receive same-day alerts, structured change summaries, and monitoring for up to 25 platforms.
"To the maximum extent permitted by applicable law, Wise's total liability to you for any claims arising out of or related to this Agreement or the services shall not exceed the greater of (a) the total fees paid by you to Wise in the twelve (12) months immediately preceding the event giving rise to the claim, or (b) one hundred US dollars ($100). In no event shall Wise be liable for any indirect, incidental, special, consequential, exemplary or punitive damages, including but not limited to loss of profits, data, or goodwill, even if advised of the possibility of such damages.— 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.
The liability limitation establishes the maximum financial exposure Wise assumes under the agreement. The dual-threshold structure (12-month fee amount or $100 minimum) and the categorical exclusion of indirect damages create defined boundaries for Wise's contractual obligation to compensate users for covered claims.
Users' recoverable damages for any claim related to the agreement or services are restricted to the greater of amounts paid in the preceding 12 months or $100, and Wise assumes no liability for indirect, consequential, or punitive damages regardless of notice or foreseeability. This structure applies to all covered claims under the terms.
ConductAtlas has identified this type of provision across 2 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Wise.