Wise Business Tutorial: How to Set Up a Wise Business Account Step-by-Step (2023)

Learn how to set up a Wise Business account step-by-step in 2023 in this tutorial. With a Wise business account, you can open up 9 different currency balances and receive USD from across the world. If signing up to Wise as a new customer, you can use this link to get a free transfer of up to £500: wi.se/yenm6r

Wise is cheaper than traditional banks, has no monthly fees, and better exchange rates. A Wise business account allows you to separate your business earnings and expenses from your personal account. I have been using a Wise personal account for years as I have lived abroad in Europe and also frequently travel abroad. Before, I was using my traditional bank card to withdraw funds and make currency conversions, and I was losing a lot of money in currency conversion and banking fees. Wise has made it easier for me to receive and send money in different currencies and withdraw funds while using my card while abroad. It’s also made it easy to receive money from clients internationally in many different currencies.

In this video, we’re going to focus on setting up a Wise Business account as a new user and also as an existing user with a personal account. I’ll compare the personal and business accounts and also talk about the interest feature Wise has introduced that you can opt into for US-based residents.

👩🏼‍🏫 LEARN MORE:
➡️ Wise Personal Account Tutorial (2023):    • Wise Tutorial 2023 (TransferWise) | H...  
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Chapters:
00:00 - Intro
00:20 - What is Wise?
01:10 - Fee-Free Transfer Link
01:35 - Wise Personal VS Business Accounts
02:50 - How to Set Up a Wise Business Account
03:31 - Filling in Business Details
04:15 - Verifying Your Account
04:45 - Business Account Features
05:06 - All Banking Features VS Essential Features Plans
06:03 - Business Account Dashboard
06:15 - Switching to Personal Account
06:26 - Interest for US Residents
07:00 - Wise Business Account Summary

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