Our Wise (formerly TransferWise) integration now has the option to pick the payer of the fee for transfers. There is now a toggle option to select either Sender or Receiver.
This option is only available to Organization owners. To learn more about user permissions click here.
Selecting Sender will deduct the fee before sending the money. Selecting Receiver will deduct the fee after sending the money.
Select who pays fees on Wise
First, navigate to Settings & Policies > Integrations, and then click on your existing Wise integration. If you haven’t set it up yet, follow this guide.
Then click on Settings and you will be able to choose between the Receiver or the Sender.
If you hover your mouse over the information icon, you will see a message with more details about the setting.