Some got Email that their US accounts in wise got stopped but not the rest of the accounts
Means all local transactions wont work anymore
Means all local transactions wont work anymore
Wise lost Evolve & Trust Bank
- Thread starter Alexmorgan
- Start date
- Status
I received an email informing me that my USD bank details have changed.
From what I checked they changed from "Evolve Bank &trust" to "COMMUNITY FEDERAL SAVINGS BANK".
But has anyone had this change?
From what I checked they changed from "Evolve Bank &trust" to "COMMUNITY FEDERAL SAVINGS BANK".
But has anyone had this change?
COMMUNITY FEDERAL SAVINGS BANK is international but they clearly said no Local wire or ACH will work
They said that only local transfers to "Evolve Bank &trust" will no longer work. If you use the new details you will be able to receive local transfers normally.
The title of the email I received was "Your local USD account details are changing.".
At the end of the email there is a link with more details:
They work exactly the same as your previous ones. You can receive domestic and international payments, set up Direct Debits and link your account to other payment service providers.
https://wise.com/help/articles/2G69Jf6EEvf5TvYSlA8XjQ/were-changing-your-usd-account-details
It seems for some they moved them to a new one
And some they completely stopped providing them
https://wise.com/help/articles/USPVFgeJ0K3WP3AtK565a/usd-account-details-no-longer-available
I used to have a US-based Wise acct where the USD bank detail was with Community Federal. And then I switched over to the EU-based Wise acct (and the USD bank detail was with Evolve Bank & Trust). It's just looking like they're making things easier by having both US-based and EU-based account go to the same bank. Nothing exciting. =)
I didnt get a US account yet due to they are refusing my verification
But as i see here they are now with JP Morgan
https://wise.com/help/articles/2932124/wise-bank-details
So Wise can set up real US bank accounts like a regular bank as long as you can be verified as a US company or individual?
Toggle signature
Toggle signature
Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Seems thats the case
I live in Bahrain and they gave me second layer of verification for the US account which not accepting
A lot who live out of US or EU having the same
Everyone in the world can have a US account with wise
Just get verification done and you good to go
Specially as they are partnering with JP morgan its prestigious to open a US bank account with them now
- Status