Wise · Wise Terms of Use · View original document ↗

Mutual Right to Elect Arbitration

High severity High confidence Explicitdocumentlanguage Common · 207 of 352 platforms
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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

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The broad scope of the arbitration clause—covering all disputes regardless of legal theory and including past and future events—substantially limits the user's ability to pursue claims in court.

Interpretive note: The excerpt appears to continue beyond what is quoted; only the quoted language is reflected in the claim.

Recent Activity

This document changed recently

Medium May 15, 2026

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 →

Consumer impact (what this means for users)

The reader is required to arbitrate any dispute or claim arising out of or relating to the Agreement with Wise, regardless of the legal theory or timing of the underlying events.

How other platforms handle this

Chegg Medium

Chegg will not seek, and hereby waives all rights it may have under applicable law to recover, attorneys' fees and expenses if it prevails in arbitration, unless the arbitrator finds that...the substance of your claim...was frivolous or was brought for an improper purpose...

Runway Medium

if Company makes any future material change to this Arbitration Agreement, you may reject that change within thirty (30) days of such change becoming effective by writing Company...

Walmart Medium

You or Walmart may appeal an arbitration award that manifestly disregards the law by filing a notice of appeal with the AAA within 30 days after an award is rendered and delivered to the parties.

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▸ View Original Clause Language DOCUMENT RECORD
"
You and we agree to arbitration for all disputes or claims between you and us, regardless of legal theory, whether based on past, present, or future events, that arise out of or relate to this Agreement...

— Excerpt from Wise's Wise Terms of Use

Applicable regulations

FAA
United States Federal

Provision details

Document information
Document
Wise Terms of Use
Entity
Wise
Document last updated
May 5, 2026
Tracking information
First tracked
May 20, 2026
Last verified
July 9, 2026
Record ID
CA-P-050663
Document ID
CA-D-00526
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
561266d11f984a2eb3eab7608e74f5c481a231a012a4ed1cb0115da73c83c5e7
Analysis generated
May 20, 2026 22:59 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Wise
Document: Wise Terms of Use
Record ID: CA-P-050663
Captured: 2026-05-20 22:59:22 UTC
SHA-256: 561266d11f984a2e…
URL: https://conductatlas.com/platform/wise/wise-terms-of-use/provision/CA-P-050663/mutual-right-to-elect-arbitration/
Accessed: July 12, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Wise's Mutual Right to Elect Arbitration clause do?

The broad scope of the arbitration clause—covering all disputes regardless of legal theory and including past and future events—substantially limits the user's ability to pursue claims in court.

How does this clause affect you?

The reader is required to arbitrate any dispute or claim arising out of or relating to the Agreement with Wise, regardless of the legal theory or timing of the underlying events.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 207 platforms. See the full comparison.

Is ConductAtlas affiliated with Wise?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Wise.