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
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"If you do not repay the outstanding amount, then, without prejudice to any other rights we may have, including the right to close your Wise Account under Section 9, we reserve the right to collect your debt to us by using any payments received for our Services in the future (such as to fund a Money Transfer or your Wise Account)...Excerpt from Wise's US Customer Agreement
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The clause states: “If you do not repay the outstanding amount, then, without prejudice to any other rights we may have, including the right to close your Wise Account under Section 9, we reserve the right to collect your debt to us by using any payments received for our Services in the future …”
ConductAtlas has identified this type of provision across 219 platforms. See the full comparison.
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