Download Wise Business statements (PDF) and convert to Excel

Wise (formerly TransferWise) Business accounts provide PDF statements that are essential for reconciliation, especially for multi-currency accounts. Clients often can't share account access due to security concerns.

Download a Wise PDF statement

1. Log in to Wise Business (if you have access) or request PDF from client.
2. Navigate to Statements or Activity.
3. Select Download Statement and choose PDF format.
4. Select the statement period and currency (if multi-currency account).
5. Download the PDF—ensure it includes all transactions, FX fees, and balances.

Convert to Excel for reconciliation

• Upload the PDF to StatementScribe for extraction.
• Wise statements include FX transactions—validate exchange rates and fees separately.
• Export to Excel with columns: date, description, original currency, amount, exchange rate, base currency amount, fee, balance.

Common challenges

• Multi-currency accounts require careful validation of exchange rates.
• FX fees may appear as separate line items—include them in reconciliation.
• Exchange rates may fluctuate between transaction date and statement date.
• Balance calculations may use different rate sources (mid-market vs bank rate).

Tips for accountants

• PDF statements are essential when clients can't provide Wise account access.
• Request monthly PDF statements directly from clients or via Wise platform.
• For multi-currency accounts, keep original currency amounts for audit purposes.
• Document the exchange rate source (mid-market, bank rate, etc.) for tax reporting.
• Keep original PDFs as audit evidence for FX transactions and fee documentation.