Welcome to Wise Wolves Payment Institution

Your one-stop destination for seamless account opening and secure money transfers, catering to both individuals and businesses.
Whether you're an individual seeking convenience or a company in need of efficient financial solutions, we've got you covered. Experience hassle-free account setup and swift, reliable money transfers, ensuring your funds reach their destination swiftly and securely. Trust us for your financial needs and let us simplify your transactions today.

Operate Domestically and
Internationally to expand your
horizons

Multi-Currency Corporate and Personal Accounts
You can open multi-currency corporate and personal accounts in different currencies and get access to a wide range of money management tools. With WWPi you gain greater control over your business payment requirements.
Do business
Across Borders
Effortlessly transfer funds in more than 140 currencies including USD to 160+ countries around the world. It unlocks the whole world to your finances.
We consider complex cases and structured deals for free
Structuring non-standard solutions using the capabilities of Wise Wolves Group companies.

What we offer

140 currencies including USD

Individual application review

10 languages: multilingual assistance team

Desirable currency exchange rates

Fixed SEPA transfer rate

Quick internal and external funds transfer

Current account with IBAN or bank card with European IBAN

Convenient maintenance fees

Fast SWIFT transfers

Access all payment tools with our user-friendly Pi-Online or WWPi Mobile Office to make payments quickly and easily.

European Payment Service Provider under Central Bank of Cyprus Payment Institution license.

  • Member of the Cyprus Association of Electronic Money and Payment Institutions (ACEMPI)
  • Direct participant of SWIFT (WWPICY2L) EU countries

Why us?

Human touch

Experience the difference of human-centered service with WWPi

At WWPi we pride ourselves on delivering a human touch. Unlike automated bots, we are real people here to assist you every step of the way.

With us, you'll have your own private manager, providing personalized support for all your needs. From addressing inquiries to resolving issues, your dedicated manager is there for you one-on-one.

Our multilingual team speaks over 10 languages, ensuring seamless communication regardless of your preferred language.

87%
of our clients have been with us for 3+ years
140+
payment currencies
10
languages support

What do our customers say?

WWPi made opening a corporate account effortless. Their team guided us through the process with professionalism and efficiency. Now, managing international transactions through SEPA and SWIFT is seamless. Highly recommended!
John D.
I've been using WWPi for both personal and business payment needs, and I couldn't be happier. The private manager assigned to me has been incredibly responsive and helpful, ensuring all my inquiries are promptly addressed. Their expertise in worldwide transfers is unmatched."
Sarah M.
WWPi stands out for its exceptional customer service and comprehensive payment solutions. From setting up accounts to navigating complex transactions, their team has consistently exceeded our expectations. Their proficiency in worldwide transfers has been instrumental in our international business operations."
David R.
As a frequent traveler, I rely on WWPi for their multi-lingual support and efficient banking services. Whether I'm initiating SEPA or SWIFT transfers or simply opening a personal account, their team has always been attentive and accommodating. Truly impressed with their human touch and dedication to client satisfaction.
Emily L.
Experience top-tier service
without the hefty price tag

Our pricing

No hidden fees, no surprises
Individual
ACCOUNT OPENING€ 200From € 500
Account maintenance monthly fee€ 10€ 50
TRANSFERS
INWARD payments:
SEPA payments0,05% / min € 5 - max € 500,05% / min € 5
Non-SEPA payments0,05% / min € 15 - max € 3500,15% / min € 15
INTERNAL payments [charged from payer’s account]:
payments within WWPi€ 50,05% / min € 5
between my accounts (in same currency)free of chargefree of charge
OUTWARD payments:
SEPA payments0,10% / min € 5 - max € 1500,10% / min € 7
Non-SEPA payments0,30% / min € 50 - max € 3500,30% / min € 50

Just one two three

2
We agree on the necessary documents
3
After verification, your account is open

Our Partners

We cooperate only with
true professionals
Let’s become partners
Join forces with us and unlock new business opportunities. Become our partner. Together, we can achieve more.
Become a partner

Common Questions

What difference between you and Bank? / Are you bank?

Our Company is a Payment Institution.

In the European Union (EU), a Payment Institution (PI) is a regulated entity that provides payment services. The institution is licensed to offer a range of payment services, such as money remittance, executing payment transactions, issuing payment instruments (like cards), and operating payment accounts.

We are licensed by Central Bank of Cyprus. Please visit the CBC’s site: https://www.centralbank.cy/en/licensing-supervision/payment-institutions/licensing-and-supervision-of-payment-institutions

Here are the key differences between Payment Institutions (PIs) and banks:

  1. Scope of Activities.

    Payment Institutions:

    • Focus exclusively on providing payment services, such as executing payment transactions (e.g., transfers), issuing payment instruments (like cards or e-money), and providing payment accounts.
    • PIs do not engage in traditional banking activities like lending, deposit-taking, or providing credit facilities.

    Banks:

    • Offer a broader range of financial services, including deposit-taking (holding customer funds), providing loans and credit facilities, investment services, and other banking-related activities.
    • Banks typically operate under a banking license and are subject to more extensive regulatory requirements due to the complexity and risk associated with their activities.
  2. Regulatory Framework.

    Payment Institutions (PIs):

    • Regulated under the Payment Services Directive (PSD) or PSD2 in the EU.
    • The regulatory requirements for PIs focus on ensuring the security, efficiency, and integrity of payment services, consumer protection, and the prevention of money laundering and terrorist financing.

    Banks:

    • Regulated under banking laws and regulations, which are generally more comprehensive and cover a wide range of activities beyond payment services.
    • Banks are subject to prudential regulations aimed at safeguarding financial stability, including capital adequacy requirements, liquidity management, and risk management standards.
  3. Deposit Protection.

    Payment Institutions (PIs):

    • Generally, do not offer deposit-taking services. Therefore, customer funds held by PIs are not covered by deposit guarantee schemes, which protect deposits in case of the institution's insolvency.

    Banks:

    • Offer deposit accounts to customers, and deposits held with banks are typically covered by deposit guarantee schemes up to a certain limit (e.g., €100,000 per depositor per bank in the EU).

In summary, Payment Institutions (PIs) in the EU specialize in providing payment services and are subject to specific regulations under the Payment Services Directive. Unlike banks, PIs do not engage in traditional banking activities such as deposit-taking and lending. Banks offer a broader range of financial services, including payment services, and are subject to more comprehensive regulatory oversight due to their systemic importance and the nature of their activities.

What difference between you and EMI?

In the European Union (EU), a Payment Institution (PI) is a regulated entity that is licensed to provide payment services. Payment Institutions are governed by the Payment Services Directive (PSD) framework, which aims to harmonize payment regulations across EU member states and ensure a level playing field for payment service providers.

Key characteristics of Payment Institutions include:

  1. Scope of Services. Payment Institutions offer various payment services, including:
    • Execution of payment transactions (such as credit transfers, direct debits, and card payments).
    • Issuing and/or acquiring payment instruments (like credit cards, debit cards, and payment apps).
    • Money remittance services.
    • Payment initiation services (facilitating direct bank transfers initiated by customers).
  2. Regulatory Requirements. Payment Institutions must obtain authorization from the relevant national competent authority (such as the financial supervisory authority of the member state) before commencing operations. They are subject to specific regulatory requirements set out in the PSD, including capital adequacy, governance, operational standards, and consumer protection measures.

The differences between Payment Institutions (PIs) and Electronic Money Institutions (EMIs):

Payment Institution (PI).

  • Focuses primarily on providing payment services, such as executing payment transactions and issuing payment instruments.
  • Does not issue electronic money as its core activity.
  • Regulated under the Payment Services Directive (PSD) framework.
  • Not permitted to engage in traditional banking activities like accepting deposits or providing credit services.

Electronic Money Institution (EMI).

  • Specializes in issuing electronic money, which is a digital representation of fiat currency stored on electronic devices (e.g., prepaid cards, e-wallets).
  • Can also provide payment services similar to PIs, including executing payment transactions and issuing payment instruments.
  • Regulated under the Electronic Money Directive (EMD) framework.
  • Subject to specific capital requirements and governance standards tailored to electronic money issuance and payment services.

n summary, while both Payment Institutions (PIs) and Electronic Money Institutions (EMIs) are regulated entities that provide payment services, they differ in their core activities and regulatory frameworks. PIs focus on payment services without issuing electronic money, whereas EMIs specialize in issuing electronic money alongside offering payment services. The regulatory directives (PSD for PIs and EMD for EMIs) provide specific guidelines to ensure the safety, efficiency, and integrity of payment systems within the EU.

Can I open an account to confirm the status of a foreign company for migration purposes?

No. In accordance with an order of The Civil Registry and Migration Department of Cyprus, you can open account for this purpose only in Credit Institutions.

Please refer to the link: https://www.centralbank.cy/en/licensing-supervision/banks/register-of-credit-institutions-operating-in-cyprus

Can I open an account to receive Letters of Guarantee for migration purposes?

No. In accordance with an order of The Civil Registry and Migration Department of Cyprus, you can open account for this purpose only in Credit Institutions.

Please refer to the link: https://www.centralbank.cy/en/licensing-supervision/banks/register-of-credit-institutions-operating-in-cyprus

What currencies are available in your Payment Institution?

EUR, CNY, USD. For other currencies please contact with our managers.

Do you work in SEPA, SWIFT, TARGET?

Yes.

How can I open an account in your Payment Institution?

For this purpose, please contact us by any convenient for you ways:

What types of accounts do you offer (e.g., checking accounts, savings accounts, CDs)?

In our Payment Institution you can open the following types of accounts:

  • Operational account.
  • Client’s account.
  • Escrow accounts.
How can I access my account online or through mobile banking?

You will receive your credentials for using of your personal account and the relevant guides after account opening.

Need more information and expert advice? Indicate how to contact you!

Our licence

Wise Wolves Payment Institution Limited has obtained in a due course of company’s assessment by the Central Bank of Cyprus, the Authorisation (licence) for provision of payment services to its customers.

In the Republic of Cyprus the provision of payment services and execution of money transfers is regulated by the Provision and Use of Payment Services and Access to Payment Systems Law of 2018 ("Law"), which transposed into national law the provisions of Directive (EU) 2015/2366 of the European Parliament and of the Counsil of 25 November 2015 on payment services in the internal market (commonly known as PSD2).

more...

Contact us

+357 25 259377 (09:00–18:00)
customers.pi@wise-wolves.com

licence type: payment services licence Number: 115.1.2.32 licence Date: 08/08/2018 (no expiration date) Authorisation granted by: Central Bank of Cyprus (CBC)
Registration Number: HE 375477
WISE WOLVES GROUP LIMITED
Wise Wolves Finance Limited is supervised and regulated by CySEC, Licence №337/17, registration №361580 and is a member of Investor Compensation Funds (ICF). Wise Wolves Capital (EU) Limited is supervised and regulated by CySEC, Licence №186/196, registration №360935. Wise Wolves Payment Institution Limited is regulated by Central Bank of Cyprus, Licence 115.1.2.32, registration №375477
Customer Support
Wise Wolves Payment Institution Limited aims to offer to its customers payment services of a highest standards meeting our customers’ needs. We realise that sometimes our services or products might not meet your expectations despite our best intentions. Please consider to contact our Customer Support Team for help or clarifications you may need.
Fee Information
Fee Information Document (applies to accounts of physical persons only) contains fees for the most representative services related to the payment account. Сomplete pre-contractual and contractual information on all the services is provided in other documents. You may contact us for details.