WiseWise
Log inRegister
Hello world
Hallo Welt
Hola mundo
Bonjour le monde
Helló Világ
Ciao mondo
世界とつながろう
Witaj, świecie
Olá, Mundo
Salut lume
Здравствуй, мир
Merhaba Dünya
Halo dunia
你好 世界
Привіт, світ
Log inRegister
  • Help home
  • Wise Business

Are there any restrictions on business transfers?

Wise is licensed to make personal transfers in all the countries we operate in. However in some cases, business transfers are slightly more limited. There are some currency routes which we can’t support business transfers to or from due to the way we’re regulated in those countries.

For the majority of our supported currencies there are no restrictions on Wise receiving money from your business. 

Learn more about each currency and their limitations by searching for "Guide to [currency]".

Currencies with business limitations

CurrencySending account can be a businessRecipient account can be a businessAdditional note
AUDYesYesSee the business types we can support for Australia here.
BDTNoNoBoth the sender and the recipient of a transfer to BDT must be a privately owned account of an individual.
BRLYesNoThe originating currency can arrive to us from a business or personal account, but we can't pay out BRL to any businesses.
CNYYesYesBusinesses in China can't receive CNY from AED and TRY
COPYesNoThe originating currency can arrive to us from a business or personal account, however we cannot make transfers to any businesses in Colombia
IDRNoYesIndividuals can send IDR to businesses, but businesses can't send IDR. Sole traders can create a account and send IDR, but the sender name would be the name on the personal account.
INRNoYesYou can send a maximum of 1,500,000 INR in total per day to business recipients in India.
JPYYesYesWe can send transfers from JPY to a business bank account. We can only accept business deposits once personal and business verification are both completed.
MYRNoYesIndividuals can send MYR to businesses, but businesses can't send MYR.
NPRYesNoThe originating currency can arrive to us from a business or personal account, however we cannot make transfers to any businesses in Nepal.
NZDYesYesExcluding trusts. See the business types we can support for New Zealand here.
PKRNoNoBoth the sender and the recipient of a transfer to PKR must be a privately owned account of an individual.
TRYYesYesOnly businesses that are registered in Turkey can make bank transfers from Turkey.
TZSNoNoBoth the sender and the recipient of a transfer to TZS must be a privately owned account of an individual.
UAHYesNoWise can only make transfers to private users of PrivatBank in Ukraine. The originating currency can arrive to us from a business or personal account, however we can't make transfers to any businesses in Ukraine.
USDYesYesSee the business types we can support for the US.
VNDYesNoThe originating currency can arrive to us from a business or personal account, however we cannot make transfers to any businesses in Vietnam.

Currencies without business limitations

  • AED

  • BGN

  • CAD

  • CHF

  • CZK

  • DKK

  • EUR

  • GBP

  • GEL 

  • HKD

  • HUF

  • KRW

  • LKR

  • MAD

  • MXN

  • NOK

  • PHP

  • PLN

  • RON

  • SEK

  • SGD

  • THB

  • ZAR

Was this article helpful?

Related articles

  • Incompatible accounts and payments
  • What currencies can I send to and from?
  • What countries can I send to?
  • Are there limits on how much money I can receive?
  • What are scheduled transfers?

Company and team

  • Company and team
  • Security
  • Press
  • Careers
  • Service status
  • Investor relations
  • Mission roadmap
  • Affiliates and partnerships
  • Help centre
  • Reviews

Wise Products

  • International money transfer
  • Wise account
  • International debit card
  • Travel money card
  • Large amount transfer
  • Receive money
  • Assets
  • Wise Platform
  • Wise Business
  • Business debit card
  • Mass payments

Resources

  • News and blog
  • Currency converter
  • Swift/BIC codes
  • IBAN codes
  • Rate alerts
  • Compare exchange rates
  • Invoice generator
  • Business Calculators

Follow us


Legal
Privacy policy
Cookie Policy
Country site map
Modern slavery statement

© Wise Payments Limited 2023

Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money.