When receiving GBP from UK bank accounts, you can receive by an Easy bank transfer if you have a Wise Business account.
What are Easy bank transfers?
Easy bank transfers are powered through Open Banking technology for UK accounts. It’s a fast, easy, and secure way to pay for your transfers.
You can share a payment link, which the sender can use to pay you with an Easy bank transfer.
How does it work for the payer?
The payer clicks on your payment link and chooses to pay with Easy bank transfer
They’ll log in directly to their online banking where they can complete the payment without having to enter any of your account details.
How do I accept Easy bank transfers with my payment requests?
Easy bank transfers are turned on by default for all payment links you create with Wise. This is currently in beta and only available to select UK Wise Business customers.
If you’d like to turn it off, simply toggle off Easy bank Transfer as a payment method when you create a new payment link.
Which banks are supported with Easy bank transfer?
The majority of the major UK banks are supported.