Personal Finance

How to link bank account to Wise: step by step

Gabriela Peratello

12.05.23 (updated more than 1 year ago)

Read time 3 minutes

If you’re a Wise personal or business customer in the US — or if you’ve got a bank account with one of Singapore’s major banks, you may be able to link a bank account to Wise for convenient transfers by ACH or eGIRO.

Using a Wise connected bank account makes it easy to pay for transfers — and linking your bank account to Wise is a pretty straight forward process too. Here’s how.

Can you link a bank account to Wise?

Wise customers with USD and SGD bank accounts may choose to link their bank account to Wise, to make it convenient to make transfers.

In the US you can make ACH transfers by connecting a bank account to Wise — and in Singapore, payments are processed through the eGIRO system².

How to link your bank account to Wise: step by step

Using a linked bank account to pay for Wise transfers can be a convenient option.

Getting started is pretty easy too, and can be done entirely online or using just your smartphone — here’s a look at how to link your bank account to Wise in the US and in Singapore.

Connect your account to pay via ACH

Wise US personal and business customers can link a USD bank account to make it easy to pay for transfers.

Here’s how to link your bank account to Wise³:
Log in to your account on the Wise desktop site Click on your initials, or on your profile picture, and select Settings Go to Connected accounts Click Connect your bank account Follow the prompts to select the currency of your account, and enter your bank details Review everything, confirm and you’re done

With a connected USD account you can send ACH transfers of up to 50,000 USD every 24 hours, or 250,000 USD in a 60 day period.

Wise business customers can send up to 400,000 USD using a connected bank account. To learn more about current limits, please visit Wise's guide to USD transfers.

Get a Wise Business account

If you have a bank account in Singapore

If you have a Singapore dollar current or savings account with DBS, POSB, UOB or OCBC you’ll be able to link your bank account to Wise so you can fund Wise transfers without needing to leave the app.

Here’s how it works²:
Set up your Wise transfer as normal, entering the amount you want to send and the currency Choose Linked Bank Account as the payment method Select the bank that you want to link — you’ll be directed to the bank’s website/app where you need to login to your normal online banking service Select the account you want to link and set a payment limit and expiry date Check everything over and confirm the payment using your bank’s 2 factor authentication process

Here’s how it works²:

Set up your Wise transfer as normal, entering the amount you want to send and the currency
Choose Linked Bank Account as the payment method
Select the bank that you want to link — you’ll be directed to the bank’s website/app where you need to login to your normal online banking service
Select the account you want to link and set a payment limit and expiry date
Check everything over and confirm the payment using your bank’s 2 factor authentication process

You can send up to 5,000 SGD per transfer, or 10,000 SGD per day using your linked bank account — for higher value transfers you’ll be prompted to select a different payment method.

Set your primary account to receive payments from contacts in Wise

If you’re expecting to receive a Wise payment you’ll be able to pick a primary account to receive money to, which means you don’t even need to share your bank details with the person sending you money.

All they’ll need to do is enter your email address — easier for them, and more secure for you too.

You can either mark your Wise account details as a primary account, or an external bank account. Here’s how to mark a primary account to receive Wise payments⁴:

Step 1. Log into your Wise account online or in the Wise app

Step 2. Look for Recipients, and add or select the account you want to receive payments into

Step 3. Click Mark as primary account

It’s that easy. Now all the sender needs is your email, and you’ll get your money deposited to your preferred account, seamlessly.

Money for here, there and everywhere: meet Wise

Choose Wise to send payments with the mid-market exchange rate, to 80+ countries, with low, transparent fees from 0.41%⁵.

It’s free to open a personal Wise account online or in the Wise app, and you’ll be able to send money as soon as your account is up and running.

Just enter the amount and currency you want to send — or how much you need the recipient to get in the end — for an instant, no obligation quote.

Check everything over and fund your payment with your preferred payment method — including your Wise connected bank account, a card or a wire.

Wise payments are usually fast, too — 50% arrive instantly or in just a few seconds, and 90% are there in just 24 hours⁶. No hassle, no hidden fees, and no waiting around — just easy international payments around the world.

Get a Wise account

Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information

Sources:

Wise US — paying by ACH
Wise Singapore — how to pay by linked bank account
Wise US — how to add or delete connected bank accounts
Wise — how to mark a primary account to receive money into
Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information
The speed of transaction claim depends on funds availability, approval by Wise's proprietary verification system and systems availability of our partners' banking system, and may not be available for all transactions

Sources checked on 04.27.2023

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.