Wise Business Account - Can't pay upgrades due to rejecting my card :/

[cilmion]

Jesus christ, it's one thing after the other.

So I signed up for Wise Business Account for my Wyoming LLC. Also got an actual physical address in Cheyenne to use as my trading address. All is well.

I am a legal resident in Vietnam and bank here, and I hold another SEA passport (a very weak one). I have a personal Wise Account.

Wise approved my verifications. But I gotta pay to upgrade the account to receive IBAN etc details for various currencies.

And... my Vietnamese cards are a no-go. Apparently, Vietnam-issued cards don't allow payment into Wise (even if it's making a payment for Wise's service, not putting money in). I tried various other currencies, and so the payment has to come from a card or bank account with my name or my LLC name.

Man, I am so tired of this!

Does anyone have any idea how I can get around this?

 

[Sols]

Why can't you use your personal Wise account to top up your business Wise account?‌

 

[cilmion]

This isn't for "topping up" or adding fund into the‍ account.

To get account details of various currencies or accept payment on Wise Business, we⁠ have to pay a one-time fee (equivalent to USD31) to upgrade. And that fee can⁤ be paid in multiple currencies including SGD, EUR, USD, and so on. But whatever available⁣ currency I choose to pay with, they only accept either bank payment, debit or credit⁢ card. And ANY payment methods I use have to be under my name or my︀ LLC name.

I have cards issued in Vietnam and Thailand. Won't work cos they're not︁ allowed to use to fund/pay to Wise. And since I have no other accounts under︂ US LLC, I can't pay to upgrade it. So far.

Hopefully Payoneer or Airwallex and︃ such will come through.

 

[Sols]

But why can't you pay that activation fee from⁢ your personal Wise account? You say Wise will accept the transfer from an account in︀ your name. So why not just send money from your personal Wise account to your︁ Wise business account?

What am I missing?

Wire money from your Vietnamese or Thai bank︂ account to your personal Wise account. Then from there to your business' Wise account?

Or is the problem that you are unable to fund both your personal and your business︃ account?

 

[cilmion]

Because the ONLY payment methods for paying for account upgrade is debit card, credit card,⁢ or bank. Not from my personal Wise or any other Wise account, nor using a︀ Wise card under my name.

 

[Sols]

But then you also said:⁠
and:

You need: a personal bank account or debit card.⁢
You have: a personal bank account and debit card (if you got one from Wise).︀

So what stops you paying for the Wise business account activation with your personal Wise︁ card, or by logging in to your personal Wise account and initiating a bank transfer︂ from that account? Does Wise not let you do that?

Based on previous experience, I'm︃ almost 100% confident that it's possible, unless there is some specific limitation in your region︄ or on your account that prevents it.

 

[cilmion]

Yup, they are︀ not allowing that.

 

[yngmind]

Get a bank account in another country that will be accepted 🙂

 

[cilmion]

yeah, looking into that. UAE is a no-go apparently. Wise said they won't accept‍ it. Thai too. Singapore, debit cards will be fine but I can't open account without⁠ residency (so gotta get some sort of residency there, easiest might be student pass). Wrecking⁤ my brain now.

 

[yngmind]

Look for digital EU banks, some of them⁤ will happily onboard you.

 

[cilmion]

I am trying all the EMIs I find here in OCT 😀 Fingers crossed!‌ And hoping I could use Payoneer card to make payment too.

 

[cilmion]

If you know of any that's not in the 18 EMI thread list‌ (18 + other suggestions), I'd really really appreciate the info 😀

 

[yngmind]

Good luck, and keep us posted!

 

[PiersBlack]

You can easily obtain a virtual and a physical debit card under your name from‌ something like RedotPay.

KYC is minimal and fast (minutes). Top it up with crypto‍ instantly. You can even add it to Apple Pay. Should work.

 

[yngmind]

Redot won't work for wise.

 

[41632584]

For what it's worth, I have been able to top up︂ my personal Wise account with my Thai creditcard some months ago.

I did notice it︃ did not allow topping up in Baht but did allow in Euro which triggers a︄ cash advance fee. Also, when I tried €1000 it was rejected but passed topping up︅ in €500 increments.

So it could be worth trying different currencies and amounts. And possibly︆ using a creditcard instead of debit card might help.

 

[cilmion]

Hmm, I will try to⁢ get a Thai CC then and check. And also try with EUR on debit card.︀ CC is a tad hard with my current residency there.

 

[cilmion]

tried it, but it doesn't work. basically anything of prepaid nature doesn't work 🙁

 

[yngmind]

Was it a card with⁢ a credit or debit bin?

 

[cilmion]

I think Thai credit cards have credit bin.