Creating a bank account on Wise (formerly Transferwise)

At Remote, we currently support contractor payouts in 65 currencies. We understand it can be frustrating if your preferred currency is not on this list, but there is a temporary solution as we work towards supporting more currencies.

This article will cover how to create a bank account on Wise. It's is not mandatory to use Wise when creating a bank account outside of your country of residence. 

Opening a currency balance on your Wise account

When you open a balance on Wise, this allows you to receive and hold funds in your desired currency. See also: How do I get account details?

To set up your bank account you need to: 

• Log into the Wise website
• On the homepage, click Open a balance

• Choose your desired currency
• Once this is created, you will be able to get the account details for the balance you've opened
• The bank account details can then be added to your Remote profile.

See also: Can contractors add multiple bank accounts?