Buy Verified TransferWise Account
TransferWise, which recently renamed itself Wise, is essentially an online account where you can send money abroad or get paid in other currencies, and spend abroad on their Wise debit card.
The company started out as a simple overseas money transfer service in 2011. It was co-founded by Taavet Hinrikus (one of the founding members of Skype) and Kristo Käärmann (an experienced financial services consultant). Wise headquarters are in London, but the company now has offices all around the world.
How does Wise work?
When you want to send money abroad with Wise it feels like the money is going straight from your bank account into your recipient’s account.
In fact, there’s a bit more going on behind the scenes. Wise has accounts all over the world. When you want to send money abroad, you actually pay with your local currency into Wise’s local account. Then the Wise account in the overseas country you want to send money to will send local currency to the recipient. The money you pay never actually crosses borders.
For example, imagine you are sending money from the UK to family in the US. You would log in to your Wise account and link it with your British bank account, you would also enter your US recipient’s bank details.This is just like setting up a new payee in your bank account.
Selling Verified TransferWise Account
When ready, Wise will transfer the requested amount of British pounds (£ GBP) into their own UK account. Wise would then alert its US account, which would then send the agreed amount of US dollars ($ USD) to the recipient.
