# Fasset vs Wise Business > Wise Business cannot be opened by a company registered in Bangladesh, Pakistan or Indonesia. Fasset can. Full fee and availability comparison. Canonical: https://fasset.com/business/compare/fasset-vs-wise-business/ Wise Business is a strong product, and its published conversion rates start below our Business plan's. It is also not available to every business that wants it. If your company is registered in Bangladesh, Pakistan or Indonesia, you cannot open one. - Open an account - See the demo Client funds are held separately from Fasset’s own. ## Where can you actually open an account? Availability decides this comparison before fees do. Competitor details checked September 2026. | What matters | Fasset | Wise Business | | --- | --- | --- | | Available to Bangladesh-registered companies | Confirmed at signup, country by country | No, not a supported registration country | | Available to Pakistan-registered companies | Confirmed at signup, country by country | No, not a supported registration country | | Available to Indonesia-registered companies | Confirmed at signup, country by country | No, not a supported registration country | | Available to UAE-registered companies | Confirmed at signup, country by country | Check Wise's business page for current eligibility | | Monthly fee | $29 on the Business plan | Check Wise's pricing page | | Receiving USD, EUR, GBP | Priced per plan; an incoming USD wire is $10 on the Business plan | Check Wise's pricing page | | Currency conversion | 0.45%, minimum $1, on the Business plan | From about 0.33% | | Settlement time | About 20 seconds on USDT | Check Wise's pricing page | | USDT rail | Yes | No USDT rail | | Contractor payroll Included with every Fasset account | Included, in supported markets | Check Wise's pricing page | Fasset figures are Business plan launch pricing and may change; other plans are on the pricing page. Competitor details checked September 2026. Wise figures are drawn from Wise's public statements on conversion pricing and supported registration countries, and where Wise quotes a range we used the low end; for its current fee schedule, see Wise's own business pricing page. ## When Wise Business is the better choice This isn't close everywhere, and we'd rather say so than pretend otherwise. - **If you're registered in the UK, EU or US:** Wise Business is a strong choice. Its published conversion rates start below our Business plan's, the product is mature, and it reaches currencies and corridors Fasset doesn't try to cover at launch. - **If you're in a market the incumbents skipped:** You cannot open a Wise Business account. That's the whole comparison. Fasset exists for businesses in the markets Wise, Mercury and Stripe don't reach. - **USDT, a stablecoin designed to track the US dollar:** Fasset settles USDT payments in about 20 seconds, priced per plan. You do not deal with an exchange yourself: dollars in, dollars out, the rail handled for you. Wise has no equivalent rail today. ## Two plans, both priced in full Business for most teams, Enterprise when volume, entities or corridors outgrow it. Launch pricing, with every fee on the pricing page. - **Business** ($29 a month): For teams scaling payments and payroll - **Enterprise** (Custom): For high volume and multi-entity operations ## Common questions #### Can I open a Wise Business account if my company is registered in Bangladesh or Pakistan? No. Wise Business is not available to companies registered in Bangladesh, Pakistan or Indonesia; these are not supported registration countries. Fasset Business exists for exactly the companies these platforms do not serve; availability is confirmed at signup, country by country. #### How does Wise Business pricing compare to Fasset? Wise prices currency conversion from about 0.33%, and the rate depends on the corridor. On the Business plan, Fasset prices conversion between USD, EUR and GBP at 0.45% with a $1 minimum, with lower rates on Enterprise. The two also differ on rails and reach: Wise has no USDT settlement, and its account is not open to every registered business. Where both are available and conversion is most of what you do, Wise's published rates start lower. See Wise's own business pricing page for its current fee schedule. #### Is Wise Business a good choice? Yes, if your company is registered in a country Wise supports, such as the UK, the EU or the US. Its pricing is competitive and the product is mature. Fasset exists for businesses registered in the markets Wise does not reach. #### Is Fasset a bank? No. Fasset Business is a technology platform, not a bank. Banking, payment and card services are provided by licensed third-party institutions in each market, and client funds are held at those institutions, separately from Fasset's own money. ## Open your account The application runs entirely online. Or walk through the product first, with sample data and no signup. - Open an account - See the demo Client funds are held separately from Fasset’s own.