Consumer Financial Protection Bureau
CFPB v. Wise
Settled$45KFineFiled: January 29, 2025
Wise misled customers in the United States about its ATM fees and failed to properly disclose other fees, according to CFPB. When people sent money that did not arrive on time, Wise failed to refund the remittance fees in the timeframe required by law, according to CFPB.
Summary generated from official Consumer Financial Protection Bureau press release
Source: Consumer Financial Protection Bureau Press Release ↗Parties
Defendants / Respondents
- Wise US
- Wise PLC
Dates
Filed
January 29, 2025
Resolved
May 14, 2025
Published
May 15, 2025
Case Details
Industry
Finance
Penalty Type
Fine