It can be daunting to send a lot of money abroad. So when you make a large transfer, we make things as easy as possible.
Here are some tips to help you get started.
Understand your banking limits, or pay in-branch
Your bank might limit the amount of money you can send per day, or per transfer. Those limits might differ if you’re sending online, over the phone, or in-branch.
If you’re sending online or over the phone, your bank might limit the amount you can send in one go. That means you’ll need to send several smaller transfers over the course of a few days instead — and you might miss out on the rate.
Your bank might let you send a bigger amount if you go in-person, to your branch. So it’s often quicker, and simpler, to set up larger transfers in-branch. You can download a PDF with all your transfer details to make this easier.
Tip: Contact your bank to find out your limits for sending money.
Verify your identity beforehand to avoid delays
When you send money with Wise, we’ll ask to verify your identity. We do this by checking your photo ID and address. It usually takes about 2 working days.
If you set up your transfer before getting verified, we’ll do these checks before we send your money. So to avoid delays, get verified beforehand.
After you pay for your transfer, we might need to see more documents. That’s because when you send a large amount, we need to verify where the money came from. It could be a scan/screenshot of your bank statement, a property sale agreement, or a pay slip.
Tip: Get verified before making your first big transfer.
Send us proof of your joint account
If you’re sending money from a joint account, send us proof that you’re one of the account holders. It’s quicker to do this before you set up your transfer.
By sharing proof that your account is in the same name used on your Wise account, and has the same account number as your transfer, you’ll help us keep your transfer moving smoothly.
Tip: Send us a scan or screenshot of a recent bank statement with your name and account details.
What if I need additional support?
While the thresholds of large amounts are different between regions and currency routes, we do have a specialised team dedicated to handling transfers above 80k GBP, or equivalent.
Dedicated chats are open:
UK (UTC+1) 9AM-10PM
US (UTC -4) 4AM-5PM
Australia (UTC +10) 8PM-9AM
Learn more
Need more help? Get in touch with our team of large transfer experts.