Wise & FareHarbor

FareHarbor and Wise (formerly TransferWise) have partnered to offer businesses an easy and reliable way to receive money directly from FareHarbor.

Table of Contents:

What’s the Wise Business account?
How to open an account?
How to receive money from FareHarbor?
How to convert and send money from the Wise account?

What is the Wise Business Account?

The Wise Business Account is a multi-currency account for businesses to receive money like a local in six currencies, hold and convert 50+ currencies, and send money abroad. Wise always uses the real rate to convert, and any fees are upfront and transparent.

You’ll get bank details for USD, EUR, GBP, AUD, NZN, and PLN to receive money via your FareHarbor dashboard or bank transfer.

And with your own debit Mastercard®, you can spend in the local currency — anywhere that accepts Mastercard.

How to create an account

To open your multi-currency account:

1. Register for free — to sign up for your Wise for Business account.
2. Tell us about your business — let us know details like your business registration, where you’re located, the industry you’re in, any online or social presence, and details about all legal business owners and directors.
3. Tell us about yourself — fill in your personal details and role in the business. If you’re not the director or owner of the company, you may need to include additional information.
4. Get verified — Usually with photo ID, proof of address, and/or a picture of you holding your ID. Our team will be in touch if they need more info.
5. That’s it! We’ll send you a confirmation email when we’ve verified your business. This could take 4–7 working days, so hold tight. We’ll try our best to speed things up.

To open a currency balance, you’ll need to:

1. Go to the Balances tab on your Wise account on the computer, or the Activity tab in the app. You’ll need to add some money and verify your identity first to keep your account safe.
2. Choose which currencies you’d like to hold money in by clicking Open a balance.

Add your account to your FareHarbor dashboard]

You can link your Wise account to your FareHarbor Dashboard to receive money. However, it will only work with some balances.

You can link your EUR, GBP, USD, AUD, NZD and PLN balances with the FareHarbor Dashboard.

If you want to find out how to link your FareHarbor dashboard to Wise, take a look here

*You can also receive money from other bank accounts, simply share your bank details with the sender.

How to manage money on your Wise account

1. Hold and keep your money safe

   Millions of customers trust Wise with their money. We move over £4 billion around the world every single month, and we take the safety and security of your money very seriously.

   Read more about how Wise is regulated here.

Convert money in different currencies, keep them in your Wise account

To convert money:

1. Go to Balances in your account.
2. Choose which currency you’d like to convert from.
3. Click Convert.
4. Enter the amount you’d like to convert from and the currency you want to convert to — you’ll need to have already added a balance in that currency.
5. If you’re using the app, you’ll need to approve the conversion. If you’re on the website, it’ll happen automatically

Send to a bank account abroad, or send to your local bank account. Small upfront fees, no hidden mark-up.

There are a couple of ways that you can withdraw or send money from your balances:

• Send money to a bank account directly from your balances
• Set up a transfer and choose to fund the transfer with money from your balances at the payment step

Create your free Wise account

Useful links

Internal-only content. Don't copy and paste to anyone.

How to pitch FH and who we can onboard: See this PDF.

Why should we use the specific FareHarbor page vs. regular Wise page? We make money off of referrals!