Connect Wise to Qoyod and automate the settlement of your international transfers
Every Wise transfer turns automatically into a bank entry in Qoyod, with the real exchange rate and Wise fees recorded as an expense.
Automatic reconciliation
Every Wise transfer → an accounting entry settling the receivable invoice.
Real exchange rate
Wise uses the real market rate, recorded precisely in the entry.
Low fees recorded
Wise’s fees are recorded automatically as a separate expense.
Multi-currency
Accounts in 50+ currencies, all flowing to Qoyod.
What the integration does
From a Wise transfer to a Qoyod entry
Four scenarios flow automatically from Wise to Qoyod.
Transfer entry
Every outbound transfer is recorded as a vendor or employee payment entry at the real exchange rate.
Invoice settlement
An incoming transfer settles the related invoice in Qoyod automatically.
Record fees
Wise’s low fees are recorded as a separate expense to track actual cost.
Currency reconciliation
A currency conversion is recorded at the real Wise rate with FX differences.
Setup
4 steps to activate the integration
Connect Wise to Qoyod via Zapier — simple and safe.
Open Zapier
Click Connect now to open the Wise ↔ Qoyod template.
Connect both accounts
Sign in to Wise and Qoyod and approve the permissions.
Map the fields
Pick the event (new transfer) and map the bank account and currency.
Activate and test
Test with a small transfer, switch the Zap on, and every transfer flows automatically.
Why it matters
International transfers at the lowest cost with the most accurate accounting
Wise saves on international transfer fees. Connecting it to Qoyod guarantees every riyal of FX and every riyal of fees is tracked.
Manual reconciliation of transfers
Computing the exchange rate by hand, hard-to-track fees, and unrecorded FX differences.
Zapier connects them
Set up in 10 minutes, pick the events, automation runs.
Full financial transparency
Every transfer, every fee, every FX difference — an accurate accounting entry.
Have some questions?
Quick answers to what business owners ask before activating.
Do I need a developer?
No. The integration is fully via Zapier.
How are Wise’s fees recorded?
Recorded as a separate expense in the Bank Transfer Fees account.
Does it support multi-currency transfers?
Yes. More than 50 currencies, all flowing to Qoyod at the real Wise rate.
Does it support ZATCA?
Yes. Entries created from Wise appear correctly in ZATCA reports.
What about FX differences?
Automatically recorded as FX gains/losses in a separate account.
Ready to save on international transfer fees?
Open a free Qoyod account, connect it to Wise, and let every international transfer land in your books automatically.