Profee vs Wise: Fees, Rates & Speed Compared
Profee
4.1Profee offers international money transfers with competitive rates, particularly strong on European and CIS country corridors.
Wise
4.3Wise (formerly TransferWise) offers transparent, low-cost international money transfers using the real mid-market exchange rate with no hidden markups.
Profee and Wise are both popular choices for international money transfers, but they take different approaches. Profee, founded in 2017 and headquartered in London, UK, is best known for fast, small remittances. Wise, operating since 2011 from London, UK, focuses on transparent, low-cost transfers. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a £500 GBP → PKR transfer, Profee delivers ₨1024.59 more to the recipient.
In this comparison
Live comparison: Profee vs Wise across popular corridors
The table below shows how much the recipient receives when sending through Profee vs Wise on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Profee | Wise | Winner |
|---|---|---|---|
| USD → INR($1,000) | — | ₹96,077.86 | N/A |
| GBP → EUR(£1,000) | €1,118.71 | €1,149.85 | Wise (+€31.14) |
| USD → PHP($500) | — | ₱30,761.99 | N/A |
| USD → MXN($1,000) | — | MX$17,275.70 | N/A |
| GBP → PKR(£500) | ₨187,141.42 | ₨186,116.83 | Profee (+₨1024.59) |
| USD → NGN($200) | — | ₦270,124.04 | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Profee and Wise
Profee vs Wise: Feature comparison
| Feature | Profee | Wise |
|---|---|---|
| Overall rating | 4.1/5 (Good) | 4.3/5 (Excellent) |
| Fee structure | From $0 depending on corridor | Variable fee from 0.41% |
| Exchange rate markup | 0.5% - 2% above mid-market | 0% (mid-market rate) |
| Transfer speed | Minutes to 2 days | Instant to 2 days |
| Supported countries | 100+ | 80+ |
| Supported currencies | 40+ | 50+ |
| Max transfer | $10,000 | $1,000,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card, Credit Card, Apple Pay |
| Delivery methods | Bank Deposit, Card Deposit | Bank Deposit, Wise Account |
| Regulators | FCA | FCA, FinCEN, ASIC |
| Founded | 2017 | 2011 |
Pros and cons
Profee
Pros
- Competitive rates to Eastern Europe and CIS
- Card-to-card transfers
- Simple fee structure
Cons
- Lower transfer limits
- Limited brand recognition
- No cash pickup option
Wise
Pros
- Uses real mid-market exchange rate
- Transparent fee structure shown upfront
- Multi-currency account available
- Fast transfers to many countries
- Regulated in multiple jurisdictions
Cons
- Credit card payments have higher fees
- No cash pickup option
- Transfer limits may apply for new accounts
When to choose Profee vs Wise
Choose Profee if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0 depending on corridor)
- Speed is your top priority — transfers can arrive in minutes
Choose Wise if:
- You want the real mid-market exchange rate with no hidden markup
- You're sending large amounts (Wise supports up to $1,000,000)
- You need a multi-currency account to hold and convert balances
- You need a business account for commercial payments
Verdict: Profee or Wise?
Cost: Too close to call
Profee and Wise are closely matched on cost. Across our 6 sample corridors, neither provider consistently delivers more to the recipient. The best choice depends on your specific corridor.
Speed: Similar delivery times
Both providers offer similar transfer speeds. Profee typically delivers in Minutes to 2 days, while Wise takes Instant to 2 days. The actual speed depends on the corridor and delivery method.
Coverage: Comparable reach
Both providers have comparable coverage. Profee supports 100+ countries and 40+ currencies, while Wise covers 80+ countries with 50+ currencies.
Bottom line
Overall, Wise edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, Profee is the better pick if you need fast, small remittances.
Frequently asked questions
Is Profee or Wise cheaper for international transfers?
It depends on the corridor. Our data across 6 routes shows Profee and Wise are closely matched on total cost. Profee charges From $0 depending on corridor with a 0.5% - 2% above mid-market exchange rate markup, while Wise charges Variable fee from 0.41% with a 0% (mid-market rate) markup. We recommend comparing rates for your specific transfer using our calculator.
Which is faster, Profee or Wise?
Profee typically completes transfers in Minutes to 2 days, while Wise takes Instant to 2 days. Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are Profee and Wise safe to use?
Yes, both are regulated money transfer services. Profee is regulated by FCA and has a 4.1/5 Trustpilot rating. Wise is regulated by FCA, FinCEN, ASIC with a 4.3/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Profee vs Wise?
Profee has a maximum transfer of $10,000 (minimum $10), while Wise allows up to $1,000,000 (minimum $1). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with Profee or Wise?
Profee offers Bank Deposit, Card Deposit. Wise offers Bank Deposit, Wise Account. Neither provider offers cash pickup — both deliver to bank accounts only.
Should I use Profee or Wise to send money internationally?
For most users, Wise offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, Profee is the better choice if you need fast, small remittances. The best provider for you depends on your corridor, transfer size, and whether you need features like Wise Account.