If you use Wise for everyday spending, international transfers, or multi-currency accounts, your statement can get busy quickly. This page gives you a practical tool to turn that data into clarity.

Export your Wise statement, drop the file into the analyzer, and in seconds you’ll see clean categories, fees, and a downloadable CSV that works in Sheets, Excel, or your bookkeeping software.

The analyzer runs in your browser, so your data never leaves your device. That privacy-first design makes it ideal for both personal budgets and business reimbursements.

Why a Wise-Specific Tool Actually Matters

Wise exports are richer than most bank files. They include signed amounts, a local currency column, original currency and amount for conversions, and rows for fees and exchange steps. Generic parsers often ignore those fields or mix them with your normal spend.

A Wise-aware pre-set respects that structure. It recognises multiple header variants, separates out fees cleanly, preserves original currency information, and standardises merchant names. You get the speed of automation and the reliability of a file that still looks like your money.

What the Analyzer Does in Plain English

The analyzer focuses on three outcomes: clarity, control, and speed. It cleans merchant strings, applies sensible UK/EU-friendly categories, and highlights repeating charges that behave like subscriptions. You can double-click any merchant or category to edit it, and totals refresh instantly. It also flags likely Wise fees so you can see the “all-in” cost of moving money or spending abroad.

At the end, you export a tidy CSV with Date, Description, Merchant, Category, Debit, Credit, Amount, Currency, Original Amount/Currency, Fee, and Notes. It’s everything you need for pivots, dashboards, or expense claims.

How to Export a Wise Statement (App and Web)

On the Wise mobile app, open your balance or card, tap the more/options menu, and choose Export. Select the date range and pick CSV for the cleanest results. On the web, the path is similar: open the balance, set a range, and export to CSV.

If you handle multiple currencies, export each balance separately to keep totals meaningful. For a first review, one to three months is perfect—long enough to find patterns, short enough to keep the table responsive. If you have overlapping periods, de-duplicate after you merge.

Recommended File Types and What to Expect

CSV is the best choice because it’s transparent and easy to audit. You see headers, and every column is exactly what it looks like. OFX/QFX formats also work, but they usually carry less context. PDF can be reliable only when the text is selectable; scanned PDFs won’t parse.

With Wise, CSV is easy to generate and includes all the fields that matter: signed amounts, fee lines, exchange rate details, and original currency. The analyzer is tuned for that structure, so you get the most accurate view with the least effort.

The Wise CSV Preset and How It Maps Columns

The tool recognises common Wise headers such as Date, Amount, Currency, Description, Merchant, Balance, Exchange Rate, Fee, Original Amount, Original Currency, Category, and Notes. Amount is signed: spending and fees appear as negative, income and refunds as positive.

We keep that convention and generate debit/credit columns for readability. We also preserve the original currency columns so cross-border spending remains clear. If your export uses alternative labels, the pre-set still handles the usual variants. When in doubt, you can manually edit categories and merchant names on the page.

Understanding the Four Overview Numbers

At the top of the results you’ll see four KPIs: Rows, Outflow, Inflow, and Net. Rows confirm how much data you are analysing. Outflow is the sum of negative amounts in the base currency. Inflow is the sum of positive amounts such as income, refunds, and inbound transfers.

Net is simply inflow minus outflow. If Net looks strange, filter the table for “fee” and “exchange” to make sure you’re looking at the cash impact rather than just conversion steps. The KPIs are there to keep you anchored while you refine categories and merchants.

Categories You Can Expect to See

The analyzer uses a practical set of buckets that fit UK/EU/US style budgets: Groceries, Eating Out, Transport, Shopping, Subscriptions, Phone & Internet, Health, Housing & Utilities, Bank & Fees, Income, and an Uncategorised fallback.

The list is intentionally small. You get credible, repeatable numbers instead of noisy labels that change every month. Merchant-based rules cover popular brands, transport providers, and subscription names. If a category isn’t perfect for your workflow—say, you track “Coffee” separately—edit those lines, export, and keep that CSV as your single source of truth.

Recurring Charges and How to Tame Them

Subscription creep is real, especially when you use Wise across multiple platforms and currencies. The analyzer looks for merchants that reappear monthly or quarterly and marks them as likely subscriptions.

That gives you a short list to review without digging through a thousand rows. Before you cancel anything, confirm whether the pattern is actually a subscription or a quarterly insurance payment. If it is a must-keep service, consider downgrading the plan or moving to annual billing only when you actually use it year-round.

Wise Fees and Exchange Rows—What to Look For

Wise usually lists fees explicitly and shows exchange steps when you convert money between currencies. The analyzer tags obvious fee lines under Bank & Fees so you see the true cost of transfers and international card spend.

Exchange rows aren’t “good” or “bad” by themselves; they explain why your base currency and original currency amounts differ. Keep them in the dataset so your audit trail remains intact. If you need a fees-only view, filter by category and export a separate CSV for negotiation or accounting.

A Fast Monthly Routine That Actually Sticks

At month-end, export your Wise CSV per balance. Upload and check the four KPIs. Open the category table and focus on the top three spending buckets. Filter for “Subscriptions” and decide what to cancel, pause, or renegotiate. Scan for Bank & Fees to evaluate cross-border costs.

Standardise any messy merchant names with a double-click, then download the cleaned CSV. Save it in a year-month folder so your history stays organised. Ten focused minutes are enough to spot problems early and keep your plan realistic.

Using the Cleaned CSV in Sheets or Excel

Create a pivot with Category on rows, Month on columns, and the sum of Amount as values. Add a second pivot for Fees only to keep pressure on costs. If you run a business or freelance, build a simple map from categories to your expense lines and copy totals each quarter.

Because the export has consistent columns, you can automate parts of this with one-time formulas. If you keep multi-currency balances, keep the original currency columns for context and use the base currency columns for totals and targets.

Common Pitfalls and Easy Fixes

Totals look too high? Filter out duplicates if you combined overlapping exports. Refunds inflating income? That’s expected because refunds are positive numbers—give them a “Refunds” category so they don’t pollute salary. Fees cluttering spend categories?

Leave them under Bank & Fees and track that number separately. Missing merchants? Some third-party platforms mask names—rename once and your CSV becomes consistent going forward. If a column header is unusual, rename it in a copy or reach out with a redacted sample so the preset can be updated.

Privacy, Security, and Data Retention

The tool runs entirely in your browser. Files do not upload anywhere, and there is no account. If you refresh the page, the data disappears. That design keeps sensitive information in your hands.

Still, basic hygiene matters: avoid public computers, run the latest browser, and store your exports in a secure folder. If you handle client or payroll data, keep cleaned CSVs alongside receipts or invoices to make your audit trail straightforward at tax time.

How This Differs from Always-On Budgeting Apps

Live budgeting apps connect to your accounts and track spend continuously. That’s useful if you like automation and don’t mind data living on a third-party server. This tool is different. It’s a focused, on-demand analyzer for people who want speed, control, and privacy.

You bring the file when you’re ready, get a credible view in a few seconds, and export a tidy dataset you can use anywhere. No logins, no syncing, and no distractions.

A Real-World Example to Make It Concrete

Imagine your GBP balance shows £4,000 inflow and £3,720 outflow in a month, leaving £280 net. The category view reveals £560 on groceries, £380 on eating out, £250 on transport, and £140 on subscriptions. Bank & Fees sits at £42, mostly from cross-border card spend on a weekend trip.

If your goal is to free £150 next month, the quickest wins are two fewer meals out and switching one subscription to a cheaper tier. You can also convert currency on a weekday to reduce FX fees, then use the local currency card while abroad.

For Business Owners, Contractors, and Teams

Wise is popular with global teams and freelancers because it handles multi-currency payments well. The analyzer is a practical companion. Tag business-eligible expenses, isolate fees, and export a clean CSV that your bookkeeper can import without drama. If you reimburse staff, filter by Notes or Merchant, and you can prepare a reimbursement file in minutes. Keep your month-by-month exports in a shared folder so approvals are fast and audits are painless.

Best Practices for Accurate Results

Prefer CSV over PDF whenever possible. Export one to three months at a time to stay nimble. Use consistent names for one-off vendors you care about.

Keep subscription decisions in the Notes column so future you knows why something changed. When you travel, keep original currency visible for context and track fees separately to evaluate whether converting in advance or paying at point of sale is cheaper for your pattern of spending.

FAQ:-

Once you have a month or two of cleaned exports, build a lightweight dashboard. Put months across the top, categories down the side, and fill the grid with sums.

Add a small card for Fees and another for Subscriptions. Set targets that reflect reality, not wishful thinking, and check in mid-month rather than waiting for a surprise. The goal isn’t perfection. It’s steady progress fuelled by clear numbers you trust.

Next Steps

• Planning a home purchase? Use the Mortgage & Home-Buying Suite.
• Try our U.S. Paycheck & Tax Calculator to estimate take-home pay.
• Compare cities with the Cost of Living & Salary Comparator.

Wise is a UK-based financial technology company, not a bank. It operates as a licensed Electronic Money Institution (EMI), regulated by the Financial Conduct Authority (FCA), offering multi-currency accounts and international money transfers. 

Key differences between Wise and a UK bank

• Regulatory status and protections: Unlike a licensed UK bank, Wise does not have a UK banking license and your funds are not protected by the Financial Services Compensation Scheme (FSCS). Instead, Wise uses a method called “safeguarding,” where customer money is held in separate accounts with established financial institutions, like Barclays and JPMorgan Chase, to keep it apart from Wise’s business funds.
• Services offered: Wise specializes in low-cost international money services, offering features like holding multiple currencies, receiving payments in various currencies, and spending with a linked debit card. Traditional banks, in contrast, offer a wider range of services such as loans, credit cards, and overdrafts.
• Cash deposits: Wise does not support cash deposits into its accounts. 

Wise financial performance (FY 2025)

In the fiscal year 2025, Wise reported strong financial results: 

• Revenue: UK£1.65 billion, a 17% increase from the previous year.
• Net income: UK£416.7 million, up 18% from fiscal year 2024.
• Profit before tax: UK£564.8 million, showing a 17% year-on-year increase.
• Active customers: The company served over 15 million people and businesses, a 21% growth from the previous year. 

Wise’s future

In 2025, Wise made several announcements regarding its future: 

• Potential banking license: Wise is reportedly exploring the possibility of becoming a full-fledged bank in the UK.
• Primary listing move: The company announced its intention to move its primary stock exchange listing to the US, while keeping a secondary listing in London.
• Expansion and investment: Wise plans to invest £2 billion over two years to fuel growth and expand its infrastructure, including its product, engineering, and marketing teams. 

Competitors

Some of Wise’s competitors in the UK financial and payment services sector include: 

• Digital alternatives: Revolut, Monzo, and Starling Bank.
• Legacy financial institutions: Traditional banks like HSBC and Barclays.
• Payment platforms: PayPal, Western Union, and Payoneer.