As you embark on your journey to and through beautiful Macedonia, managing your finances efficiently becomes an essential part of the experience.
In this digital age, Wise (formerly known as TransferWise) offers a modern solution to your financial needs.
This guide is designed to help you, the traveler, understand how to make the most of Wise during your stay in Skopje and the broader Macedonian landscape.
However, given Wise does not support the local Macedonian denar (MKD), it’s best to focus on widely accepted currencies like the Euro or the US Dollar.
Is Wise Available in Skopje (& Macedonia)?
As you explore the charming streets of Skopje or venture into the wider regions of Macedonia, you’ll be pleased to know your green Wise card will not let you down.
This is a game-changer for managing your financial transactions with ease during your travels.
With Wise, whilst in Macedonia, you can effortlessly spend your balance, send money back home, receive funds from abroad, maintain a balance in a stable currency (and use the convenient Wise card for your shopping sprees).
If you don’t yet have a Wise account; next up I’ll walk you through setting up a Wise account, emphasizing the steps and considerations specifically relevant to you as a tourist in Macedonia.
How to Create (& Set up) Your Wise Account
Setting up a Wise account is a straightforward process. Here’s how you can get started:
That should be it. By following these steps, you’ll be well on your way to enjoying the benefits of using Wise in Skopje and other destinations.
The Benefits of Using Wise in Skopje
Wise offers several advantages for tourists visiting Skopje, making it a preferred choice for managing finances while traveling.
Here’s a closer look at these benefits:
Low Transaction Fees:
Wise is known for its low fees on international transactions, offering a cost-effective alternative compared to traditional banks.
This is particularly advantageous for tourists who may need to perform multiple transactions during their stay.
Competitive Exchange Rates:
Utilizing the mid-market exchange rate, Wise ensures you get a better deal on currency conversions compared to many banks.
This is crucial when converting to Euros or US Dollars, given the non-support for MKD by Wise.
The service prides itself on quick money transfers, a vital feature for tourists who often require prompt financial transactions.
Since the Wise card is a Visa card, it’s accepted almost everywhere, giving you the flexibility to use it in a vast array of shops, restaurants, and ATMs throughout Skopje and beyond.
Easy Management via the Wise App:
With the Wise app, you can manage your finances on the go.
This feature is incredibly useful for tourists, allowing for easy tracking of expenditures, checking balances, and making instant transfers, all from your smartphone.
These benefits collectively enhance your financial management experience in Skopje.
However, it’s also important to consider certain limitations when using Wise in Macedonia.
In the next section, I’ll delve into these potential limitations to give you a well-rounded understanding of what to expect with Wise.
Some Potential Limitations of Using Wise in Skopje
While Wise offers many advantages for tourists in Skopje, it’s important to be aware of a few limitations:
These limitations are important to keep in mind to ensure a smooth financial experience in Skopje.
Final Considerations for Tourists Using Wise in Skopje
As a tourist using Wise in Skopje, there are a few additional considerations to keep in mind for a seamless experience:
These considerations will help you navigate the local financial landscape more effectively while using Wise in Skopje.
Bonus: Does Revolut Work in Macedonia?
Yes, Revolut works in Macedonia, including Skopje.
At the time of writing, it is still not available for residents of Macedonia, but tourists can use their Revolut cards without issues.