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Why Wise is Popular in the USA
Wise, formerly known as TransferWise, has become one of the most trusted international money transfer services for U.S. residents. Unlike traditional banks that charge steep fees and mark up exchange rates, Wise offers transparent fees and real mid-market exchange rates. This makes it a preferred solution for freelancers, expats, students, and businesses who need to send or receive money across borders. With its multi-currency account, you can hold and manage over 40 currencies, making it convenient for international business and personal transactions. For U.S. professionals who work with overseas clients or need to manage global payments, opening and verifying a Wise account is both simple and rewarding.
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Creating a Wise Account in the USA
Opening a Wise account in the USA is straightforward and takes only a few minutes. To begin, go to the official website at Wise.com or download the Wise mobile app. Click on “Register” to start your application. You will first be asked whether you are creating a personal account or a business account. Personal accounts are ideal for freelancers, digital nomads, and individuals who need to send or receive international payments, while business accounts cater to companies that pay suppliers, employees, or contractors overseas.
Once you’ve selected the account type, you’ll provide basic details such as your full name, email address, password, and U.S. phone number. Wise will send a verification code to your email or phone to confirm your identity at this stage. After completing this step, your Wise account will be created, but verification is necessary to unlock full functionality.
Verifying Your Wise Account in the USA
Verification is an essential step to ensure compliance with financial regulations and to gain full access to Wise features. Without verification, your account will be limited in terms of transfers and balances. U.S. users are typically asked to submit the following:
A government-issued photo ID such as a passport, state-issued ID card, or driver’s license.
A proof of address document like a utility bill, lease agreement, or bank statement dated within the last three months.
In some cases, proof of income or source of funds if you’re making large transfers.
Verification is handled through the Wise app or website, where you can upload scanned images or photos of your documents. Wise’s compliance team usually reviews these within 1–3 business days, but in many cases, accounts are verified within just a few hours. Once approved, you’ll be able to send, receive, and hold money in multiple currencies without restrictions.
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