We're temporarily unable to onboard new businesses in India. This is so that we can improve the experience for all Indian business customers. We're working hard on bringing this back — start registering your business to join the waitlist.
We need to verify your identity and your business before you can start receiving money from your payers. It’s how we keep your money safe and comply with regulations.
Once you're verified, you can receive money from your international clients. They can pay to the account details we allocate you and we'll automatically convert the money to INR at mid-market rate for you.
What is my company type?
You can choose from 4 company types based on the following criteria:
Freelancer
You are making money as an individual
Your PAN is under your personal name
Your bank account for receiving INR is under your personal name
Sole proprietorship
You are the sole owner of your business
You have a government issued document (e.g. GSTIN) to prove your ownership and have a trade / business name.
Your PAN is under your personal name
Your bank account for receiving INR is under your trade / business name
Private limited company
You have a privately held, legally-recognized business entity that is owned by private stakeholders
You have a government certified registration document to prove your stake in company
You have a business PAN that is under the company’s name
Your bank account for receiving INR is under your company’s name
Your business is registered with a Corporate identification number (CIN)
Limited Liability Partnership
You are running a partnership based firm where you share certain amount of profits in the business
You have a government certified registration document to prove your stake in the partnership
You have a business PAN that is under the company’s name
Your bank account for receiving INR is under your company’s name
Your business is registered with a Limited Liability Partnership Identification Number (LLPIN)
What documents do I need to get verified?
Here is the list of documents you would need to provide, including which ones we need for which company type:
ID
These can be one of Aadhaar, passport, or driving licence (both sides). These documents are required for verifying your identity.
The name and date of birth on the ID must match the information on your personal profile.
ID is needed for all company types.
PAN
This is needed to verify your tax residency status and generate the e-FIRC.
The name on PAN must match with your:
Personal profile name if you are a freelancer or sole proprietor
Business / trade name if you have a private limited or partnership
The PAN is needed for all company types.
Bank account details
Details of the bank account where you want the INR to be deposited. We ask for your account number and IFSC code to verify your bank account.
For freelancers
The account holder name on your bank account must match with your name registered on your personal Wise account.
For sole proprietorship
The account holder name on your bank account must match with your registered business name on your Wise business account.
For Private limited & Limited Liability Partnerships
The account holder name on your bank account must match with your business profile name
Business ownership
For freelancers
We don't need a proof of business ownership from freelancers.
For sole proprietorship
We rely on documents like GSTIN, Udyam, Udyog aadhaar or IEC for verifying whether the business is owned by you.
The name on the document must match with your registered business name on your Wise business account.
We'll reach out within 2 working days to get your account verification started. Once verification is completed or if there’s any further information required, we will notify you in an email.
For Private limited & Limited Liability Partnerships
We rely on Corporate identification number (CIN) or Limited Liability Partnership Identification Number (LLPIN) and shareholder information that you would have to input during the business registration flow to verify business ownership.
Additionally we would need an authorization letter if the person registering is not one of the directors mentioned earlier.
We'll reach out within 2 working days to get your account verification started. Once verification is completed or if there’s any further information required, we will notify you in an email.
What to do if my bank account verification has a mismatch error?
Please make sure that you check the company type you registered with and if the documents and information you sent us match the requirements.
If you’ve registered as a freelancer, your provided bank account name must match with your personal profile name.
Otherwise, your provided bank account name must match with your business profile name i.e. bank account name must be under your business name
How can I check my profile details?
You can check your personal or business profile details by going to https://wise.com/profile/view/ where you will be able to modify editable information. Some fields can only be modified if verification is still in progress.