Zero FX on 25+ listed currencies
BRL, NGN, MXN, PHP, INR, IDR, EUR, GBP and the rest of the listed majors convert at the real interbank rate with no Bancoli markup. The pricing page lists which are 0% and which are 1%.
Wise charges a fee every time you convert. Bancoli charges 0% on listed majors.
Wise gives you the mid-market rate and adds a transparent fee. It starts at 0.23%, and on the corridors cross-border businesses actually use it lands between 0.55% and 1.11%. Every one of those currencies is on Bancoli’s 0% list.
USD sent $8,500
at the interbank rate BRL
- Wise fee, bank transfer $80.16
- Bancoli FX markup $0.00
- Bancoli Plus membership $29.00
Kept on this send with Bancoli $51.16
Figures as of October 2026. Competitor fees rechecked on 25 October 2026 on Wise’s and Payoneer’s own websites. Wise is a trademark of Wise US Inc. This page is an independent comparison, not affiliated with Wise.
Which is better for my business, Bancoli or Wise?
No. Wise has no monthly plan, so below about $2,600 a month on USD to BRL (one transfer funded by bank transfer), Wise costs less. Above that the $29 membership overtakes Wise’s per-transfer fee: at $8,500 a month it is $29 against $80.16, and at $85,000 Bancoli Premium is $199 against roughly $681 even after Wise’s volume discount. Wise Business caps USD to BRL at 10,000 USD per transfer to a business, so this volume takes several transfers, each with Wise’s fixed fee. Figures from Wise’s own US send calculator, as of October 2026.
Currencies with no Bancoli FX markup
- Stablecoins 0%
AED 0%
ARS 0%
AUD 0%
BRL 0%
BWP 0%
CAD 0%*
CLP 0%
EUR 0%
GBP 0%
GHS 0%
HKD 0%
IDR 0%
INR 0%
JPY 0%*
KRW 0%
MWK 0%
MXN 0%
MYR 0%
NGN 0%
PEN 0%
PHP 0%
SGD 0%
THB 0%
UGX 0%
VND 0%
ZMW 0%
CAD and JPY at 0% apply to registered businesses. Check the pricing page for the full list.
The fee is small until you look at your corridors
From 0.23% is the floor, not the price. On Wise’s own comparison pages a $1,000 transfer costs $11.07 to Brazil, $7.78 to Nigeria, $7.67 to Mexico and $7.46 to the Philippines.
BRL, NGN, MXN and PHP are all on Bancoli’s 0% list. On Plus the first $8,500 you convert each month carries no markup at all, and there is no per-conversion fee on top of it.
Figures are Wise’s own published USD comparison pages for a 1,000 USD transfer, as of October 2026 (rechecked 25 October 2026). Wise quotes the same "from 0.23%" floor on its personal and business pricing pages, and applies a business volume discount above 25,000 USD.
$11.07
Wise, USD to BRL on $1,000
$7.78
Wise, USD to NGN on $1,000
$0.00
Bancoli, either corridor, within Plus
0% where it costs the most, everywhere else
- local currencies
- 40+
- FX markup on listed majors
- 0%
- currencies listed at 0%
- 25+
Illustrative payment routes. Availability depends on recipient and location.
One plan, not a fee per transfer
Plus is $29 a month and includes $8,500 of conversion at 0%. Above that the rate is 0.5%, with no separate per-conversion fee. Receiving fees are listed separately on the pricing page.
Named USD details, and your own keys
Get paid over ACH and RTP on named USD details, and hold stablecoins in your own self-custodial wallet rather than as a safeguarded balance.
$8,500 a month to Brazil, side by side
Bancoli Plus: $29/month, billed annually.
Figures as of October 2026.
Wise
$80.16 on $8,500 to BRL
- $80.16 to send $8,500 to Brazil by bank transfer
- $11.07 on $1,000. The fee tapers with volume, but it is charged every time
- About $681 on $85,000 a month, after Wise’s volume discount
- A Wise Business account can send up to 10,000 USD per transfer to a business account in Brazil (3,000 USD to a personal account), per Wise’s Brazil page on 25 October 2026
Wise’s own US send calculator and comparison pages, USD to BRL, as of October 2026 (rechecked 25 October 2026).
Bancoli
$29.00 on $8,500 to BRL
- Bancoli Plus membership: $29 a month, and that is the whole cost here
- First $8,500 of conversion each month: 0% markup
- Above that: 0.5%. Premium at $199 a month includes $85,000
- No per-conversion fee within the allowance
- On USD to BRL, Wise costs less below about $2,600 a month and Bancoli Plus costs less above it. On Wise’s cheaper corridors, such as EUR or GBP, that point is higher, about $6,700 to $7,600
Bancoli fees from bancoli.com/pricing, as of October 2026. Free FX in 25+ currencies, and other listed currencies carry a 1% fee. The breakeven is derived from Wise’s $8,500 BRL fee and Wise’s 6.90 USD fixed fee against a $29 membership. At $85,000 a month, Bancoli Premium is $199 against roughly $681. Wise Business caps USD to BRL at 10,000 USD per transfer to a business, so this volume takes several transfers, each with Wise’s fixed fee.
Compare transfer costs by currency.
Choose a published example to compare Wise with Bancoli Plus. At lower volumes, Wise can cost less.
Published figures, as of October 2026
Bancoli Plus: $29/month, billed annually.
You keep with Bancoli this month
$51.16
One transfer this month
Monthly cost in this example
Wise$80.16
Bancoli Plus$29.00
- Published Wise transfer fee
- $80.16
- Plus membership
- $29.00
- Within the included FX volume
- $0.00
One transfer per month, using Wise's published USD comparison figures as of October 2026 (rechecked 25 October 2026). The $8,500 BRL example uses bank transfer funding. No rates are extrapolated. Bancoli Plus assumes $29/month billed annually. Every example is within its $8,500 monthly 0% FX allowance. Receiving, wire and other fees are excluded. These are Wise’s own calculator figures, not a Wise Business quote.
Check current pricingFee on $8,500, corridor by corridor
| Corridor | Wise | Bancoli |
|---|---|---|
| USD to BRL | Wise $80.16 | Bancoli $0.00 on the 0% list |
| USD to NGN | Wise $50.24 | Bancoli $0.00 on the 0% list |
| USD to MXN | Wise $49.39 | Bancoli $0.00 on the 0% list |
| USD to PHP | Wise $48.43 | Bancoli $0.00 on the 0% list |
| USD to INR | Wise $42.62 | Bancoli $0.00 on the 0% list |
| USD to IDR | Wise $37.71 | Bancoli $0.00 on the 0% list |
| USD to GBP | Wise $34.97 | Bancoli $0.00 on the 0% list |
| USD to EUR | Wise $31.56 | Bancoli $0.00 on the 0% list |
| Monthly plan | Wise No monthly plan | Bancoli Plus plan is $29/m with $8,500 of conversion included |
bancoli.com/pricing Bancoli fees from bancoli.com/pricing. Wise fees from Wise’s own US send calculator, one 8,500 USD transfer funded by bank transfer, retrieved 29 September 2026. Those are Wise’s own calculator figures, not a Wise Business quote. Wise quotes the same "from 0.23%" floor on both its personal and business pricing pages and applies a business volume discount above 25,000 USD. Wise’s fee falls with volume, so the same corridor costs more on a smaller transfer. Bancoli charges 0.5% above the included monthly volume. Compare at your own volume before switching.
Straight answers
Stop paying a fee every time you convert.
Open a Bancoli account, get named USD details, and convert on listed majors at 0%.
Stablecoins in your self-custodial wallet are digital assets, not bank deposits, and are not FDIC-insured. Services, fees and availability depend on your jurisdiction and applicable program terms. Banking and money-movement services are provided through regulated providers, including Bancoli’s affiliated chartered bank.