# Connect Wise: make a read-only API token

> Create a read-only token in Wise, paste it into Bookalyze, and every Wise balance syncs to your books each day, in every currency, with fees split out.

Category: Banking · Web page: https://bookalyze.com/guides/connect-wise

## Why Wise

Most marketplace sellers get paid in several currencies. Wise holds them all, and with the sync, every Wise transaction lands in your books on its own: categorised by your rules, conversions between your balances recorded as one transfer, and Wise's fees as their own line.

## Create the token in Wise

1. **Open Settings → API tokens.** At **wise.com/settings/api-tokens**. For a company, switch to the **business profile** first.
2. **Add a new token.** Choose **Read only** permission. Bookalyze never moves money.
3. **Copy it.** You'll paste it in the next step.

> **Caution:** Wise asks for an extra signed check (strong customer authentication) on profiles outside the US, Canada, Australia, New Zealand, Singapore and Malaysia, for example a UAE business. The sync says so plainly for now; upload Wise's statements for those profiles until signing is supported.

## Connect it in Bookalyze

**Where in Bookalyze:** Banking → Bank accounts → Connect Wise

1. **Paste the token.** Stored encrypted, used only to sync.
2. **Pick the Wise profile.** Personal or business.
3. **Map each balance.** Each Wise currency balance to a new or existing bank account in your books.
4. **Choose the start date and fee account.** Transactions from that day come in; Wise's fees go to the account you choose.

What you should see:
- [ ] Transactions appear straight away, and every day after on their own
- [ ] Bank accounts shows **what Wise says** next to **your balance in Bookalyze**, and "Matches"
- [ ] Anything that looks like a transaction already in your books is flagged as a possible duplicate, not added twice

## Related guides

- [Bank rules: categorise the routine automatically](https://bookalyze.com/guides/bank-rules.md): A rule puts every bank line whose description contains some words into a category, as it arrives. Bookalyze also suggests rules for payees you keep categorising the same way.
- [Possible duplicates and transfers between your accounts](https://bookalyze.com/guides/duplicates-and-transfers.md): A bank line that looks like a transaction already in your books is flagged, never merged on its own. Money out of one of your accounts and into another is suggested as a transfer.
- [Reconcile an account against its statement](https://bookalyze.com/guides/reconcile.md): Enter the statement's date and ending balance, tick what's on it, and finish when the difference is zero. Reconciled transactions are locked until you undo.
- [Match each payout to its bank deposit](https://bookalyze.com/guides/match-payouts.md): Matching pairs a marketplace payout with the deposit in your bank and moves that deposit to the clearing or balance account, so your sales are counted once. Works in any bank account and any currency.