Wise launches multi-currency account and card for Thailand users

# Thailand Wise has rolled out its multi-currency account and Wise Card for users in Thailand. The account lets customers hold and convert more than 40 currencies and set exchange rate alerts. A physical card and a digital card are available. The digital card can be added to Google Pay for contactless payments.

# How payments and receipts work Users can spend locally or overseas with the Wise Card. The app shows the mid-market exchange rate and any conversion fees before customers exchange currencies. For QR payments, the Wise app supports Thailand's PromptPay network. Regional QR schemes supported include Malaysia's DuitNow, the Philippines' QRPh and Singapore's PayNow.

# Additional app features The Wise app includes bill splitting, destination spending guides and an ATM search tool. Those features aim to make travel and multi-currency money management more convenient for travellers, expatriates and digital nomads based in Thailand.

# Regulatory and product limits to know Thai regulatory requirements introduce specific restrictions:

# Context and rollout timeline

# Who this suits This service is pitched at three main groups: frequent travellers who need easy multi-currency spending, expatriates who manage finances across currencies, and digital nomads who live in Thailand but earn or spend in other currencies.

# Practical implications for users If you plan to rely on the Wise Card for local cash access inside Thailand, be aware of the ATM restriction for accounts registered to Thai addresses. Also check whether transfers you make between non-Thai accounts will be routed via Thai baht, and compare the total conversion cost against alternative providers.

# Quick checklist before you sign up

• Confirm your account address and whether it triggers the Thai-ATM withdrawal restriction.
• Use the app to preview the mid-market rate and conversion fees before you convert funds.
• If you travel in Southeast Asia, verify whether the merchant or QR scheme you plan to use is supported by Wise (PromptPay, DuitNow, QRPh, PayNow).

# Bottom line Wise's multi-currency account and card expand its Thailand product set beyond international money transfers to include spending and regional QR payments. The service offers transparent rates and multiple currencies, but Thai regulatory rules impose limits on domestic ATM withdrawals and can add conversion steps for some cross-border transfers. Users should weigh those trade-offs against convenience and rates when deciding whether to use the card for local cash needs or cross-border transfers.