We’re excited to announce that Itaú Unibanco has partnered with Wise Platform to strengthen its FX offering, now enabling instant cross-border payments and remittances directly from the Itaú app.

This new solution, aimed at delivering an even more complete solution for Itaú customers in Brazil, allows customers to make international payments or send money with the same ease and simplicity as with Pix, any time, every day of the week.

Itaú customers can also track each step of these international transactions in real time, giving them full visibility and transparency over how much the payments will cost and when it will arrive.

Gabriel Rombenso, Superintendent of Corporate Products and Sales at Itaú Unibanco said: “Over the past few years, we have evolved our foreign exchange solutions for tourists, offering currency exchange reservations directly through the app and withdrawal at our branches or 24-hour ATMs. We launched the international account and expanded the benefits of points on our credit cards, and now we have evolved in international remittances. People need to send money abroad, whether to make a payment or to send money to a child who is on an exchange program, for example. To meet this need, we believe that sending money abroad should be as easy and fluid as Pix and directly in the Itaú app.”

Steve Naudé, Global Managing Director of Wise Platform commented: "The partnership with Itaú, is a true testament to how banks can deliver better cross-border payments experiences to their customers at scale by leveraging the capabilities of Wise Platform. Itaú shares our strong vision of improving cross-border money movement and we are excited to work with them to make cross-border payments - fast, transparent, affordable and convenient - a core element of their service.”

Initially, it will be possible to send and pay instantly in Euros and Pound Sterling for transactions under the same holder. The aim is to offer additional currencies, including US dollars, Canadian dollars, Australian dollars, Japanese yen, and New Zealand dollars, by the end of 2025.

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