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
  • Sending money

How to use microdeposits

If you’re making a transfer from the US, and you set up an ACH bank debit for your USD transfer, we need to verify that your bank account belongs to you. If we’re unable to do this with your bank login details, we might be able to verify you with microdeposits.

This means we’ll send two small amounts (between 0.01-0.99 USD) to your account, which will appear on your bank statement. It can take up to 2 business days for these to arrive.

After you receive these, you'll need to enter the amounts on Wise to immediately verify your bank account.

How do I enter the amounts of the microdeposits? 

As soon as you see the microdeposits in your account, you can enter the amounts on your transfer page and this will immediately verify your account. You can do this only in the website.  You can also enter them on the website without the transfer page:

  1. Click on your profile in the top right corner

  2. Click Settings

  3. Go to Connected accounts

  4. Choose Complete verification

  5. Click Continue and enter the amount

Will I have to do this every time? 

If you have 2-step verification enabled on your Wise account

You won’t have to verify your bank account again for old or new recipients. If you’re paying from a new bank account for the first time, you might have to verify using microdeposits. 

If you don’t have 2-step verification enabled on your Wise account

You’ll have to verify your bank account each time you send to a new recipient.

Was this article helpful?

Related articles

  • How do I receive money from Upwork with Wise?
  • How do I receive money from Etsy with Wise?
  • Guide to getting verified
  • How to verify your Indian business to receive payments
  • How to find your correct JPY bank account details to receive a refund

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.