TransferWise is an online account that lets you send money, get paid, and spend money internationally. With a TransferWise account, you can send money abroad, get paid in other currencies, and spend abroad on the TransferWise debit Mastercard.
Here are some tips to help you get started.
It’s quick, simple and free to open your account
It’s free to create an account with TransferWise, and it only takes a few minutes to set up. You’ll need to enter some details about yourself, and you can sign up as an individual or as a business. And your recipients don’t need to use TransferWise for you to send money to them.
We use HTTPS encryption, and two-factor authentication to protect all your transactions and make sure your communications with us are secure. We’ll never misuse or sell your data. And we have real live people who watch over every transaction, and confirm every customer’s identity.
When you open a bank account, you usually need take some ID into the bank branch. TransferWise is no different. We’re a financial institution, so we need to know who's using our service. It helps us combat money laundering, and keep everyone’s money safe.
So once you’ve opened your TransferWise account, we’ll need to verify your identity, usually with some photo ID, proof or address, and/or a picture of you holding that ID. It usually takes about 2 working days. Verification requirements vary by region, and you can read more about them here.