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Transfers from Licensed States in the U.S.

Money transmitter licenses are issued state by state in the USA. TransferWise Inc. is in the process of acquiring licenses on a state by state basis, which will allow us to accept US dollars for transmission under our own license, rather than relying on a banking partner.

You can see more detailed information on our dedicated state licences page.

We currently have licenses issued to us in 43 states:
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Washington
  • Washington DC
  • West Virginia
  • Wisconsin
  • Wyoming

If your profile address is in one of the above 43 states, your ACH Debit payment limit is $10,000 (and $15,000 after you've completed your first ACH transfer), and when making a payment to us, you’ll see that we have different bank details.

You can also make transfers up to $1,000,000 with no daily or yearly limits (as we currently have in states where we operate with our partner).

Business Customers with businesses in different states

If your personal profile address is in a licensed state, and your business address is in a non-licensed state (or vice-versa), then you will see different bank details for TransferWise depending on which profile you are creating a transfer from.

If, for any reason, you deposit money into the wrong account, then this will be rejected and sent back to you, and you’ll need to resend to the correct account.

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