transferwise bank account

[jongmr]

hey
i sent my passport to transferwise and i got my us bank account now i have some questions.
1. how do you deposit and withdrawal on transferwise bank account?
2. can i attache it to paypal without problem? if yes can i withdrawal my paypal balance to my transferwise bank account?
3. how can i buy bitcoin with my transferwise bank account balance?
4. i have personal account what are the differences between personal account and business account?
can i change it to business account later? and do i need provide more documents for that?
5. i heard they provide 40 currency is that true? if yes now i have usa bank and usd currency how can i change it to other country and currencys to receive payments on other currencys?

 

[SeoArrowLTD]

https://transferwise.com/help/ - all your questions answered here!

 

[SeoArrowLTD]

And this related with other: https://transferwise.com/help/11/getting-started/2932118/incompatible-accounts-currencies

I think that you should 1st read their terms and then come here and ask.

 

[augustwu]

I think you can withdraw PayPal to your transferwise account

 

[InjuriouS]

hey
i sent my passport to transferwise and i got my us bank account now i have some questions.
1. how do you deposit and withdrawal on transferwise bank account?
2. can i attache it to paypal without problem? if yes can i withdrawal my paypal balance to my transferwise bank account?
3. how can i buy bitcoin with my transferwise bank account balance?
4. i have personal account what are the differences between personal account and business account?
can i change it to business account later? and do i need provide more documents for that?
5. i heard they provide 40 currency is that true? if yes now i have usa bank and usd currency how can i change it to other country and currencys to receive payments on other currencys?

1. You sent from different bank account or from paypal.
2. yes and no sometimes they block you account and doesn't accept funds from Paypal (they are really weird sometimes.)
3. Yes you can send from you bank account to different bank account.
4.I don't know that
5. they have 40 currency but only 6 currency bank accounts (USD, Euro, British Pound, AUD and some others) and you will have only one bank account is not like Payoneer that gives you 6 different bank account,
and I wouldn't suggest it since the deactive you account without any reason.

 

[Arm&Dangerous]

not sure that transferwise is considered a wallet. It is mostly for transferring money on a better rate than bank or wire transfer or western union.

 

[jongmr]

And this related with other: https://transferwise.com/help/11/getting-started/2932118/incompatible-accounts-currencies

I think that you should 1st read their terms and then come here and ask.

i posted this thread to find out other users experiences...

 

[jongmr]

1. You sent from different bank account or from paypal.
2. yes and no sometimes they block you account and doesn't accept funds from Paypal (they are really weird sometimes.)
3. Yes you can send from you bank account to different bank account.
4.I don't know that
5. they have 40 currency but only 6 currency bank accounts (USD, Euro, British Pound, AUD and some others) and you will have only one bank account is not like Payoneer that gives you 6 different bank account,
and I wouldn't suggest it since the deactive you account without any reason.

tnx you realy helped and about 2 i should say if your bank owner name and paypal owner name be same that should works fine...

 

[SeoArrowLTD]

i posted this thread to find out other users experiences...

Oh ... ok then! But in your account, you can see how many currencies you can manage, how many they have the transfer option ...

Also, the difference between Personal and Business is that in Business, you need to fulfill the VAT number, papers of your business, and even website + link to stripe / PayPal / etc. and they don't ask then where the payments came in. Also, in Business acc - whatever name they use and your bank details, will land there, in your transferswise bank account.

But for transactions like - 1k to 5k, they block, and they sometimes ask documents/invoices/ proofs - SOMETIMES; for personal account - in or out. Also, if you want to trade crypto, I suggest BitWala combined with Transferwise = for that you need a ton of papers too + TAX ID to purchase 15k / weekly.

 

[InjuriouS]

tnx you realy helped and about 2 i should say if your bank owner name and paypal owner name be same that should works fine...

Nope that's not the case, it was same name and same owner and it didn't accept it.

 

[Fynesttrish]

Transferwise support would be more apt to be you answers to these questions and their support is great .

 

[code API]

hey
i sent my passport to transferwise and i got my us bank account now i have some questions.
1. how do you deposit and withdrawal on transferwise bank account?
2. can i attache it to paypal without problem? if yes can i withdrawal my paypal balance to my transferwise bank account?
3. how can i buy bitcoin with my transferwise bank account balance?
4. i have personal account what are the differences between personal account and business account?
can i change it to business account later? and do i need provide more documents for that?
5. i heard they provide 40 currency is that true? if yes now i have usa bank and usd currency how can i change it to other country and currencys to receive payments on other currencys?

Transferwise support on Twitter is especially helpful, in my experience.