Wise is a transaction platform like Payoneer, it was formerly called Transferwise account. It is difficult to activate the account in Nigeria. This has really frustrated so many interested persons. In this post we will show you how to create, fund and activate your WISE account in Nigeria. To open account you will need to get verified with your ID card, proof of address, and a picture of you holding the ID. It takes about 2 working days for it to be approved. WISE account is ideal for those into online business. Alternative to Payooner is WISE.
Steps to create WISE account
- Go to Google and search for a WISE website
- Click on sign up
- Enter your email
- Click on personal account
- Enter your phone number
- A verification code will be sent to you mobile number
- Enter the verification code and submit
- Done, you have successfully created your WISE account. Next is to verify email
How to verify your email
- Go to settings
- Click email verification
- A confirmation email will be sent to your email address
- Click on homepage
- And click on get started
- A form will appear
- Fill out the form with the correct information
- Click on confirm
How to fund WISE
You have to fund your US account with $20 in order to activate your account and get the US bank account number This is where many people have issues , the reason is because WISE doesn’t accept any card issued in Nigeria.
There is solution to this, the alternative is to transfer $20 from another wise account to your newly created WISE account. When you do this, your WISE account will be created successfully and you can use it without restrictions.
Advantages of WISE account
- Low fees
- High security
- You change currency at affordable rate
- Managing accounts in several world currencies free of charge
- Everything is done perfectly and transparently
- You don’t have to know the recipient’s account number.
Currencies supported by WISE
WISE supports about 48 different world currencies. I will list them 8 in a row
- USD, EUR, GBP, CAD, BRL, BGN, BDT, AUD
- ARS, AEF, CHF, CLP, EGP, GEL, GHS, HKD
- KRW, KES, JPY, INR, ILS, IDR, HUF, HRK
- NZD, NPR, NOK, NGN, MYR, MXN, MAD, LKR
- ZAR, VND, UGX, UAH, TRY, THB, SDG, SEK
- RUB, RON, PLN, PKR, PHP, PEN, CNY, CZK, DKK
How to transfer money to Nigeria online using Wise.
How to use WISE app in Nigeria
- Login
- Choose amount to send
- Add recipients bank details (bank account)
- Verify your identity and
- Pay for your transfer
Does WISE accept Nigeria cards?
Late 2021, wise stopped accepting Nigeria issued debit cards on their platform.
How much money can I keep in my WISE account
Annual limit is 5m USD. Wise doesn’t accept cash or cheque payments. You can convert the money to other currencies once its in your currency accounts you can then withdraw
Steps to withdraw money from WISE
- Go to home and select the currency account you want to withdraw
- Select send
- Choose the account you want to send your money to
- When ask how much you want to send to, Choose send all
- Confirm the payment to empty your currency account.
How long is WISE transfer
Transfer funded with bank accounts can take over a week since each step in the process can take days such as; receiving, converting and delivering. Only 4 countries takes 3 to 4 business days they are; UK, Germany, Mexico and India.
I am interested
Okay @Bartholomew
Hello. Thanks for sharing this information.
I do not see “Get Started” on the Home page. Can you help, please?
refresh it