Wise launches multi-currency account and card in Thailand

Wise has launched its Wise Account and Wise Card in Thailand, expanding its consumer offering in a market where it already provides international money transfers.

The new products allow customers in Thailand to hold and convert more than 40 currencies and spend in 160 countries. The launch is aimed at Thai travellers, expatriates and digital nomads living in the country.

The move is part of a broader push to deepen Wise's presence in Thailand after it began offering international money transfers there earlier this year. Among early users sending money abroad from Thailand, the largest destination currencies were the Australian dollar, euro and Singapore dollar.

Thailand is a growing market for cross-border financial services. Wise cited outbound travel spending by Thai travellers of THB 558 billion in 2025, while the country has also attracted more remote workers and expatriates who often need to manage money across multiple currencies.

Local build-out

Wise said it had invested in building its products locally for Thailand. Earlier this year, it became the first non-bank to secure the five licences required for local operations, with approvals from the Bank of Thailand and the Ministry of Commerce.

That regulatory footing gives the group a stronger base as it looks to move beyond remittances into day-to-day spending and account services. Around 19 million people globally use the wider Wise account service.

The Thai version of the product includes functions for both residents and visitors. Users can hold several currencies in one account, set rate alerts before converting money, and use a physical or digital card for payments at home and abroad.

Users can also add the card to Google Pay for contactless transactions. In Thailand, users can scan PromptPay merchant or personal QR codes in the app. Regional support also extends to systems such as DuitNow in Malaysia, QRPh in the Philippines and PayNow in Singapore.

Wise has also added a bill-splitting function for shared expenses, alongside travel tools such as destination spending guides and ATM finders. Customers can view the mid-market exchange rate and conversion fee before making a transaction.

Travel and expat demand

The launch reflects two customer groups that often overlap in Thailand: residents travelling abroad and foreign nationals living locally. For both, payment habits can shift quickly between card spending, cash withdrawals, QR payments and cross-border transfers.

By offering account balances in multiple currencies alongside spending tools, Wise is aiming to capture more of those everyday transactions rather than just one-off transfers. That puts it in closer competition with banks, card issuers and other fintech groups serving mobile consumers.

Kornveena Chatchawalworapong, Country Manager for Thailand at Wise, said the launch addresses the complexity many customers face when managing money across borders.

"Thai travellers are incredibly savvy, but managing money abroad can still mean juggling cash, cards, exchange rates and different ways to pay. At the same time, we're seeing more and more expats and digital nomads choose Thailand as their base, often managing money across several currencies at once.

"We built the product to take that complexity away so people feel confident and smart about their money wherever they go or wherever they've decided to set up in Thailand. Thailand is one of the world's great travel markets, and increasingly one of the world's great places to live and work remotely, so this is only the beginning for Wise here.

"We want the Wise Account to be the product people turn to when they want to feel smart about spending, sending and managing money internationally, whether they're here for a holiday or have made Thailand home."

Wise has been broadening the ways customers can use its service beyond international transfers, seeking to make its app a regular financial tool for people who live, work or travel across borders. In its 2026 fiscal year, it processed more than USD 240 billion in cross-border transactions and saved customers more than USD 3 billion.

The Thailand launch adds another test case for that strategy in a market where tourism, migration and regional travel create steady demand for foreign currency spending and transfers.