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Restricted Business Routes

TransferWise is licensed to make personal transfers in all the countries we operate in. However in some cases, business transfers are slightly more limited. There are some currency routes which we are unable to support business transfers to or from due to the way we are regulated in those countries.  

For the majority of our supported currencies there are no restrictions on TransferWise receiving money from your business. 

Skip to Currencies with Business Limitations
Skip to Currencies without Business Limitations

 

Currencies with Business Limitations
 
Currency Sending account can be a business Recipient account can be a business Additional note
RUB No No Both the sender and the recipient of a transfer to RUB must be a privately owned account of an individual. 
BRL No No Both the sender and the recipient of a transfer to BRL must be a privately owned account of an individual. Even when the sending currency is one where we can accept business deposits, we can not send these onto Brazil.
PKR No No Both the sender and the recipient of a transfer to PKR must be a privately owned account of an individual.
UAH Yes No TransferWise can only make transfers to private users of PrivatBank in Ukraine. The originating currency can arrive to us from a business or personal account, however we cannot make transfers to any businesses in Ukraine.
TRY Yes No The sending account can be an individual or a business, but the TRY recipient must be an individual only. We can not make transfers to business accounts in Turkey.
CNY Yes No The sending account can be an individual or a business, however we can only send transfers to private accounts in China, that were opened using a Chinese Resident ID. 
INR Yes Yes* *You can send a maximum of 1,500,000 INR in total per day to per business in India
CAD Yes* Yes We can currently ONLY accept money from business accounts in Canada if it's sent by SWIFT. This option is not available via direct debit. We can send transfers to business bank accounts there. 
USD Yes* Yes *Excluding trusts. See the business types we can support for the US here.
AUD Yes* Yes *Excluding trusts. See the business types we can support for Australia here.
NZD Yes* Yes *Excluding trusts. See the business types we can support for New Zealand here.
BDT No No Both the sender and the recipient of a transfer to BDT must be a privately owned account of an individual. 
JPY No* Yes * We cannot complete any transfers where the sender is a business when sending from JPY.  We can send transfers from JPY to a business bank account.
 

 

Currencies without Business Limitations
 
  • GBP
  • EUR
  • CHF
  • PLN
  • DKK
  • NOK
  • SEK
  • BGN
  • CZK
  • GEL 
  • HUF
  • RON
  • HKD
  • IDR
  • KRW
  • LKR
  • MYR
  • PHP
  • SGD
  • THB
  • AED
  • COP
  • MAD
  • MXN
  • ZAR
  • VND

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