When you pay by bank debit (ACH), you enter your bank information and authorize a one-time debit from your account to ours. You need to do this each time you pay by bank debit (ACH).
Here are some common questions about paying by bank debit (ACH) from the US.
How long does it take for my money to reach Wise?
It usually takes 1–4 working days for your money to reach us. And you’ll usually see the debit in your bank account within 2–3 working days of making the transfer.
Since it can take some time for the money to reach us, be sure you have enough money in your account while you wait for the debit.
Guaranteed Rate with bank debit (ACH)
When paying for a transfer with bank debit the guaranteed rate is secured once you have authorized payment to Wise. With other payment methods generally the guaranteed rate is secured once Wise receives the money for your transfer.
How much can I send?
You can send up to 15,000 USD per day — the limit resets at 11:59 pm (UTC), on the day your transfer is completed.
Do I need to give my Social Security number (SSN)?
Depending on a number of factors, we might ask for your SSN. But no one in Wise has access to it.
If you don’t have an SSN, we’ll ask you why. You might be able to get verified with another form of US ID. But if you only have an ITIN, you have to use a non-US ID instead.
What happens if I cancel my bank debit (ACH)?
You can cancel for a full refund, up to 30 minutes after you’ve paid — unless the money’s already been paid out. If the money has already left your bank account, we’ll refund it back to you when we receive it.
I have a problem paying by bank debit (ACH)
Paying by bank debit (ACH) can be tricky sometimes. Here are some solutions to common issues.