To counter this, I was using my account for years with no issues, then one day I've had my Wise account "closed" for no reason other than "breach of terms".

No other insights or discussion and the appeal process basally took months with nothing but an automated response.

I've given up on all these "fintech" companies and am using tradition banks.. at least there is regulations and they can't randomly decide to close your account and remain unresponsive when you require support.

I've been telling my loved ones to stay away from Wise, PayPal and similar services.