How to Send and Receive money on Wise: Having a Wise account means you want to send money or receive money from someone using abroad (in another country). Sending money via Wise is relatively easy and takes less time to do.

For those who own an unverified wise account, you can check out how to verify your wise account in less than 10 minutes below (skip to the how to deposit section below to know how to verify your Wise Account).  Now let’s get started.

See Also: Wise Review: Is it Safe to use Wise for Money Transfer

Send and Receive money on Wise

Send money from Wise (international and local)

On Wise you can transfer money either through the international or same currency option. You can send money internationally via the local bank account or swift option using any currency of your choice.

See Also: WorldRemit Review: Is it a safe and legit Money Transfer Service

Things you need to send money

1. Account details (IBAN/ Account Number, Swift/BIC code, and name of recipient) for international transfer outside the US and sometimes ACH routing number.
2. Debit or Credit card details.

How to Transfer money on Wise (international and local)

• Open the Wise app
• Click on the send button
• Go to the international option
• Enter the amount in your local currency or the currency you like in the send textbox
• From the drop down option select the receiving currency. It automatically shows you how much the user will get
• Click on continue
• Select your  recipient
• Enter their email address 
• Enter the person’s bank details. Depending on the country, the required bank details might defer.
• After filling all the information required, click on confirm
• Enter your credit or debit card details

Note: Wise take a certain amount as processing fee. Make sure you have enough for the transfer.

See Also: How to send, receive and deposit money on Skrill in 5 minutes

Deposit money on Wise

You can easily deposit money into your Wise account with minutes. There are various methods to deposit money on Wise:

1. Bank transfer: You need to activate your Wise bank account to use this option (not available in all countries)
2. Fast transfer using debit or credit card: You need a debit or credit card to use this option (available almost in all countries).

Methods may differ based on amount been sent or currency used and your country.

See Also: Western Union Review: Still the best Money Transfer App

How deposit money into your Wise Account

• Open the wise App
• Click on Account  at the bottom
• Click on Account details and select the currency of your choice
• Click on Make a Deposit
• Select the currency you want and type in the amount to deposit
• Select the method that you want 
• If you select bank transfer, Wise will send their bank details to you after selecting what kind of account you have. Money will arrive in your Wise account within 3 to 5 working days.
• If your account is not verified, you will be asked to confirm your identity, select the most preferred option, take a photo of the required documents, submit and wait to be verified. Wise will notify you via email.
• If you select credit or debit cards, enter your correct details 
• Click on pay

Note: To make this deposit less complicated, the name on your credit or debit card should be same as the name on your wise.

See Also: How to Open and Verify Skrill Account in 10 minutes

Deposit by credit or debit card to Wise is instant. Once the request is processed you get the money in your Wise Account (TransferWise Account) within in minutes.

So, this is how you can send and deposit money on Wise within 5 minutes. It’s fast, convenient, safe, and easy. If you have any questions you can contact the Wise support team for help.