How to Create a Verified Wise Account

How to Create a Verified Wise Account

Wise (formerly TransferWise) is a popular financial platform that offers low-cost international money transfers and multi-currency accounts. A verified Wise account enables secure transactions and provides access to all of Wise’s features, such as holding multiple currencies and receiving international payments. Here’s a detailed guide to creating and verifying your Wise account.

Step 1: Visit the Wise Website or Download the App

1. On a Browser:
   • Go to the official Wise website.

Step 2: Sign Up for an Account

1. Click on Sign Up:
   • On the homepage or app, click the “Sign Up” or “Get Started” button.
2. Provide Your Details:
   • Choose whether you’re creating a personal or business account.
   • Enter your email address.
   • Set a secure password.
   • Select your country of residence.
3. Submit the Form:
   • Click “Continue” to proceed.

Step 3: Complete Your Profile

1. Personal Information:
   • Provide your full name, date of birth, and address.
   • Make sure the details match your official identification documents.
2. Mobile Number:
   • Enter your phone number and verify it with the code sent via SMS.

Step 4: Verify Your Identity

Verification is mandatory for Wise to comply with regulations and ensure the security of your account.

1. Start the Verification Process:
   • Log in to your Wise account.
   • Navigate to Settings > Verification.
2. Provide ID Documents:
   • Upload a government-issued photo ID, such as:
     • Passport
     • National ID card
     • Driver’s license
3. Submit Address Proof (if required):
   • Documents such as a utility bill, bank statement, or rental agreement may be needed.
   • Ensure the document is no older than 3 months.
4. Take a Selfie or Video:
   • Wise may ask you to take a selfie holding your ID or record a short video to confirm your identity.

Step 5: Wait for Verification

1. Processing Time:
   • Wise usually processes identity verification within 1–3 business days.
2. Notification:
   • You’ll receive an email once your account is successfully verified.

Step 6: Add a Payment Method

1. Link Your Bank Account or Debit Card:
   • To fund your transfers, link your bank account or add a debit/credit card.
   • Follow the prompts to connect your preferred payment method securely.

Step 7: Start Using Your Wise Account

Once verified, you can:

• Send Money Internationally:
  • Transfer funds at real exchange rates with minimal fees.
• Receive Money:
  • Share your Wise account details to receive payments in different currencies.
• Hold and Exchange Currencies:
  • Manage funds in multiple currencies and convert them at competitive rates.

Tips for Smooth Verification

• Use Clear Documents: Upload high-quality scans or photos of your ID and address proof.
• Check Document Validity: Ensure your ID is not expired and your address proof is recent.
• Follow Instructions: Complete the selfie or video verification step accurately.
• Use the Same Name: The name on your Wise account must match your ID.

Common Issues and Solutions

1. Document Rejection:
   • Ensure your documents are clear, legible, and fully visible.
   • If rejected, Wise will specify the issue. Address it and re-upload the documents.
2. Verification Delay:
   • Contact Wise support if verification takes longer than 3 business days.
3. Technical Issues:
   • Try a different browser or device if you encounter issues during signup.

By following these steps, you’ll create and verify your Wise account, enabling you to make secure, low-cost international transfers with ease. Let me know if you need help with any specific step!