TransferWise broker Accounts

Wise Account Types

　　Wise offers two main types of accounts to cater to different user needs: Personal Account and Business Account.

Designed for individuals who want to send, spend, or receive money internationally.
Features include:
Ability to hold over 50 currencies.
Access to local bank details for receiving payments in various currencies.
Mid-market exchange rates with low, transparent fees starting from 0.35%.
No monthly fees or minimum balance requirements.

Tailored for businesses that need to manage international transactions.
Features include:
Hold and convert over 40 currencies.
Receive payments like a local from 30+ countries using local account details.
Ability to pay suppliers and employees in 160+ countries.
Business-friendly features like team accounts and integration with accounting software.

　　Opening a Wise account is a straightforward process that can be completed online or via the Wise app. Here are the steps to open an account:

　　Visit the Wise Website or App: Start by going to the Wise website or downloading the Wise app from your device's app store.
　　Click on Create Account: Look for the "Create Account" button and click on it.
　　Enter Your Email Address: Provide your email address and choose a password for your account.
　　Select Account Type: Choose between a Personal or Business account based on your needs.
　　Verify Your Identity: Upload a valid ID document (like a passport or driver's license) and a selfie for verification. This step is crucial for compliance with financial regulations.
　　Add Payment Method: Link a payment method, such as a bank account or debit/credit card, to fund your Wise account.
　　Start Using Your Account: Once verified, you can start sending money, holding currencies, and using your Wise account for international transactions.