International Remittances Made Easy: A Beginner’s Guide to Registering and Sending Money with Wise

In today’s increasingly globalized world, international remittances have become a routine part of both personal and business life. Whether for overseas education, travel, business investments, or simple family support, the demand for cross-border financial transactions is growing rapidly. While traditional banking systems are stable, they often burden users with cumbersome processes and high fees.

Wise, a leading financial technology company, has redefined the way international remittances are made through its innovative platform, offering a faster, lower-cost, and transparent solution. This article will detail how to use Wise to make your international remittances both economical and efficient.

Registering a Wise Account

Start by registering online on the Wise website or by downloading the Wise app for Android from Google Play.

Click “Register,” and enter your email address. For convenience, you can also use your Google, Facebook, or Apple account to register.

Choose your account type and residency.

Fill in your phone number and complete SMS verification. Wise usually verifies within a few hours.

Set up a login password to complete your account registration.

Enhance account security by activating two-step verification, using either SMS or an authenticator app.

Linking and Managing Bank Accounts

Add your bank account details, including account number and corresponding bank code, under account settings.

Manage multiple currency accounts to facilitate managing different currencies and converting as needed.

Account Activation: A sum of money from the holder’s other bank account is required to activate

Initiating Remittances

Select “Remittance” or “Send Money” from the dashboard, enter the full name of the recipient, their bank account information, and their country.

For new recipients, add their detailed information, including name, address, and bank account details.

Enter the amount you wish to send and the currency type. Wise will instantly show the conversion rate and total fees.

Choose the reason for the remittance, such as “salary income” or “family support,” as required by Wise.

Confirm the exchange rate and fees before proceeding.

Choose your payment method, which could be from your Wise balance, bank transfer, credit card, or debit card.

Submit your remittance application.

Wait for processing. The time it takes may vary depending on the recipient’s bank and the payment method used.

More Convenient Global Multi-Asset Trading Wallet—BiyaPay

For those looking to invest, travel, or study abroad and wish to open overseas accounts for cross-border remittances or investment management, BiyaPay is a more convenient tool alongside traditional banks and Wise cards.

BiyaPay offers fast, secure, and low-cost cross-national fund transfer services, supports local transfer remittance services in most regions and countries, and offers large remittance amounts with very low fees, making it an ideal choice for overseas investors. It supports real-time conversion of digital currencies (like USDT and BTC) into major fiat currencies such as USD and GBP, easing the financial management for cryptocurrency traders.

After registering your Wise bank account, you can link it with BiyaPay for remittances, for example, by “topping up USDT to exchange for USD.”

First, click “Register” and enter your email address to complete the registration, then proceed with identity verification and add your Wise bank account.

Click “Transfer In” and choose “On-chain Top-Up” to deposit digital currencies such as USDT.

Afterwards, select “Flash Exchange” to enter the exchange interface, where you can convert your digital currency (like USDT) into USD.

On the “Remittance” page, when you choose to send out USD, select the recipient’s account, enter an email verification code or a Biya authenticator code, and you will be able to withdraw to the added Wise account.

Tracking Remittance Status

Through Wise’s app or website, you can monitor the status of your remittance in real-time, providing an estimated time of arrival for the funds to both you and the recipient.

This guide should give you a comprehensive understanding of how to use Wise for international remittances. Wise not only optimizes the pain points of traditional remittances, such as high costs and slow processing times, but also increases the transparency of transactions, keeping you informed every step of the way. As the global economy continues to integrate, Wise’s services and features are becoming increasingly important, offering convenience not only to individual users but also supporting global business efficiently.

Whether you are using Wise for the first time or seeking to deepen your understanding of its features, this article can help you manage and execute your international payment needs more effectively, enjoying fast, secure, and cost-effective remittance services.