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Restricted Business Transfer Routes

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

For the majority of our supported currencies, there are no restrictions. See what currencies are affected below. 

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Currencies with Business Limitations
Currencies without Business Limitations

 

Currencies with Business Limitations
 
Currency Sender can be a business  Recipient 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 recipient of transfers 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 to 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 transfer can originate from a business or personal account, but we cannot make transfers to any businesses in Ukraine.
TRY Yes No The sender can be an individual or a business, but the recipient in Turkey must be a private individual. We can not make transfers to business accounts in Turkey.
CNY Yes No The sender 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 businesses in India
CAD  Yes* Yes We can currently ONLY accept money from business accounts in Canada if it's sent by SWIFT transfer. This option is not available if you pay in via direct debit. We can send money 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.
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.
NZD Yes* Yes *Excluding Trusts.
BDT No No Both the sender and the recipient of a transfer to BDT must be a privately owned account of an individual. 
 

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
  • LKR
  • MAD
  • MXN
  • NGN
  • VND
  • ZAR

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