Wise vs Rabobank - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Wise and Rabobank have emerged as leading choices. Both Wise and Rabobank online platforms offer efficient and cost-effective and secure international money transfers from Wise and Rabobank.

We compare Wise vs Rabobank into the unique features and benefits that distinguish Wise vs Rabobank, empowering you to make an informed decision based on your specific transfer needs like Wise vs Rabobank fees, currencies available, available payment methods on Wise compared to Rabobank, support options offered by Wise vs Rabobank, speed and more.

Wise vs Rabobank: Quick Feature Comparison

  1. Visit Wise alternative Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

  2. Visit Wise alternative Rabobank Visit Rabobank

    Used By: 10,000,000
    Currencies Available: 1
    Transfer Fees: none
    Payment Methods: bank transfers, credit card, debit card, iDeal etc
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 100000 aUSD
    Year Founded: 1895

Wise vs Rabobank: Pros and Cons

Wise vs Rabobank
Advantages

Wise Advantages Rabobank Advantages
  • Wise has been serving clients for over 13 years
  • Wise is well rated among clients.
  • Wise is available internationally.
  • Wise has multiple currency options.
  • Wise provides phone customer support.
  • Wise provides email customer support.
  • Wise is available to iOS Apple device users.
  • Wise is available to Android mobile device users.
  • Rabobank has been in operation for over 129 years.
  • Rabobank boasts a high rating for sending money.
  • Rabobank provides phone support.
  • Rabobank offers registered customers email support.
  • Rabobank has a Apple iOS app on Apple app store.
  • Rabobank offers a Android Google Play Store mobile app.

Wise vs Rabobank
Disadvantages

Wise Disadvantages Rabobank Disadvantages
  • Wise has no PayPal support.
  • Wise has no Neteller payments support.
  • Wise has no Skrill payment support.
  • Wise does have a mobile digital wallet like some others.
  • No home delivery with Wise.
  • No cash pickups with Wise.
  • No money order support with Wise.
  • No live chat support with Wise.
  • Rabobank has no PayPal option.
  • Rabobank has no Neteller option.
  • Rabobank has no Skrill option.
  • Rabobank is not available is as many regions as some other providers.
  • Rabobank has few fiat currency then some others.
  • No digital wallets with Rabobank.
  • No Rabobank home delivery.
  • No Rabobank Cash pickups.
  • No Rabobank money order option.
  • No Rabobank Livechat.

Wise vs Rabobank Fees and Other Costs

Fee type Wise Fees Rabobank Fees
Transfer Fees 0.5%-1% none
Min Transfer US$1.00 none
Max Transfer US$1,000,000 (varies based on currency) 100000 aUSD
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer bank transfers, credit card, debit card, iDeal etc
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW

Wise vs Rabobank Restricted Countries

Wise Country Restrictions

North Korea

Rabobank Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Wise vs Rabobank Transfer Speeds

Transfer Speed Wise Rabobank
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Wise vs Rabobank Languages

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

Rabobank Supported Languages

Wise vs Rabobank Verdict - Which is better?

Which is best out of Wise and Rabobank depends on your needs.

  • Wise vs Rabobank Transfer Fees: Transferring money with Wise costs 0.5%-1% while Rabobank charges none.
  • Wise vs Rabobank Supported Currencies: Wise deals in over 1, where as Rabobank offers transactions in 1.
  • Wise vs Rabobank Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while Rabobank allows transactions via bank transfers, credit card, debit card, iDeal etc.
  • Wise vs Rabobank Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). Rabobank's range is none to 100000 aUSD.
  • Wise vs Rabobank Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as Rabobank has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and Rabobank at +31887226600.
  • Wise vs Rabobank Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. Rabobank serves 1 countries and restricts operations in 1 countries.
  • Wise vs Rabobank Client Base: Wise is used by 11,000,000, where as Rabobank serves 10.
  • Wise vs Rabobank Year Founded: Wise was established in 2011 and Rabobank began its operations in 1895.
  • Wise vs Rabobank Customer Rating: Wise holds a rating of 4, in contrast, Rabobank has a rating of 3.
  • Wise vs Rabobank Headquarters: Wise has its headquarters at London, UK, while Rabobank is based at Utrecht, Netherlands.
  • Wise vs Rabobank Employee Count: Wise employs 2,243 individuals, where as Rabobank has a team of 41,861.
  • Wise vs Rabobank Estimated Annual Turnover: Wise turnover stands at 27000000, while Rabobank boasts a turnover of 12,000,000,000 USD.
  • Wise vs Rabobank Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, Rabobank was the brainchild of Willem de Feijter, currently holding the position of Directeur Coöperatieve Rabobank.
  • Wise vs Rabobank Supported Languages: Wise offers support in over 1 languages. Rabobank communicates in 1.

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Wise vs Rabobank Alternatives Guides

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Screenshots

Wise Screenshot

Wise Screenshot

Rabobank Screenshot

Wise Screenshot