Problem with (Transfer) WISE - Banking and finances in Elda - Elda forum - Costa Blanca forum in the Alicante province of Spain
Airport Service Taxi Mil Palmeras  Torre de la Horadada
Espana Dream Properties
Jennifer Cunningham Insurances SL
Car Key Solutions
AA Free English TV
Blacktower Financial Management
Costa Blanca Building Specialists
James Spanish School
Gran Alacant Insurances
Gentlevan Removals
Expat Services
ASSSA Insurance
Thy Will Be Done
interior building work

Join the Elda forum

Join the Elda forumMy name's Alex and this is my website all about Elda in Spain. Register now for free to talk about Banking and finances in Elda and much more!

Problem with (Transfer) WISE

Posted: Fri Oct 1, 2021 1:28pm
6 replies465 views7 members subscribed
Gary

Gary

Helpful member

Posts: 124

155 helpful points

Location: Elda

Joined: 19 Mar 2016

Has anyone had a problem transferring money today with WISE ?

I've been using them for ages and today when I select my usual Sabadell bank as the benefactor I get an error message saying something like "Account not Supported" or "We are not accepting payments to this account at this time"

There are no problems with Sabadell as far as I know, I have messaged Wise and also called them but all they can say is that they will get back to me in 3 or 4 working days

Regards

Gary

OldSalt

Posted: Mon Oct 4, 2021 11:37am

OldSalt

Helpful member

Posts: 41

51 helpful points

Joined: 8 Jul 2020

Posted: Mon Oct 4, 2021 11:37am

Gary wrote on Fri Oct 1, 2021 1:28pm:

Has anyone had a problem transferring money today with WISE ?

I've been using them for ages and today when I select my usual Sabadell bank as the benefactor I get an error message saying something like "Account not Supported" or "We are not accepting payments to this account at this time"

There are no problems with Sabadell as far as I know, I have messaged Wise and also called them but all they can say is that they will get back to me in 3 or 4 working days

Regards

Gary

Not sure whether it is connected but the  Owner/\ founder of Wise has been named by UK taxman as a serial fraudster and tax evader and there is now doubt as to whether he will retain his licence.

When I had a similar problem, after investigating it I found my bank had bounced the transfer as the company only had limited cover under the FCA, and not all the provisions. it would be worth talking to your banks' fraud department.

Gary

Posted: Mon Oct 4, 2021 12:36pm

Gary

Original Poster

Helpful member

Posts: 124

155 helpful points

Location: Elda

Joined: 19 Mar 2016

Posted: Mon Oct 4, 2021 12:36pm

OldSalt wrote on Mon Oct 4, 2021 11:37am:

Not sure whether it is connected but the  Owner/\ founder of Wise has been named by UK taxman as a serial fraudster and tax evader and there is now doubt as to whether he will retain his licence.

When I had a similar problem, after investigating it I found my bank had bounced the transfer as the company only had limited cover under the FCA, and not all the provisions. it would be worth talking to your banks' fraud department.
...

...

Hi OldSalt

I did read that the founder of Wise had been fined £365,651 by the Inland Revenue for being late submitting his 2017/18 tax return or as it had been reported by the Telegraph "defaulting on his tax bill"

https://www.cnbc.com/2021/09/28/billionaire-wise-co-founder-fined-nearly-500000-by-uk-tax-collectors.html

Apparently since then he is "all paid up" and his tax affairs are now in order.

The problem I had transferring funds seems to be "technical" and I discovered that by double clicking my Spanish bank account number I was able to proceed with the transfer as normal. As it stands I'm waiting for a reply from Wise as to what the problem is. (I get the same error message on the mobile app as I do when using my computer)

I've since tried a couple of small transfers and apart from having to "double click" my Spanish account number all seems to be ok.

Hopefully they will resolve this seemingly minor glitch, they offer such a great service.

Regards

Gary

tebo53

Posted: Mon Oct 4, 2021 12:54pm

tebo53

Legendary helpful member

Posts: 4779

4963 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Mon Oct 4, 2021 12:54pm

Gary wrote on Mon Oct 4, 2021 12:36pm:

Hi OldSalt

I did read that the founder of Wise had been fined £365,651 by the Inland Revenue for being late submitting his 2017/18 tax return or as it had been reported by the Telegraph "defaulting on his tax bill"

https://www.cnbc.com/2021/09/28/billionaire-wise-co-founder-fined-nearly-500000-by-uk-tax-collectors.html

Apparently since then he is "all paid up" and his tax affairs are now in order.

The problem I had transferring funds seems to be "technical" and I discovered that by double clicking my Spanish bank account number I was able to proceed with the transfer as normal. As it stands I'm waiting for a reply from Wise as to what the problem is. (I get the same error message on the mobile app as I do when using my computer)

I've since tried a couple of small transfers and apart from having to "double click" my Spanish account number all seems to be ok.

Hopefully they will resolve this seemingly minor glitch, they offer such a great service.

Regards

Gary

I've just transferred a large sum today from Barclays UK to Sabadell Spain in about 4 seconds. No problem 

Steve 

Advertisement - posts continue below

dinnerout

Posted: Tue Oct 5, 2021 12:44pm

dinnerout

Legendary helpful member

Posts: 2181

2422 helpful points

Location: Beniarbeig

Joined: 18 Sep 2015

Posted: Tue Oct 5, 2021 12:44pm

tebo53 wrote on Mon Oct 4, 2021 12:54pm:

I've just transferred a large sum today from Barclays UK to Sabadell Spain in about 4 seconds. No problem 

Steve 

Yep. I transferred some money on Wise last week, no problem either. Like you, seconds.

Steve

Ps  ...So far he hasn't used any of my money to settle his tax bill 😁 and I've been using them for 6 years.... 

Anne1939

Posted: Wed Oct 6, 2021 8:33am

Anne1939

Helpful member

Posts: 376

374 helpful points

Location: La Marina

Joined: 18 Aug 2020

Posted: Wed Oct 6, 2021 8:33am

Gary wrote on Fri Oct 1, 2021 1:28pm:

Has anyone had a problem transferring money today with WISE ?

I've been using them for ages and today when I select my usual Sabadell bank as the benefactor I get an error message saying something like "Account not Supported" or "We are not accepting payments to this account at this time"

There are no problems with Sabadell as far as I know, I have messaged Wise and also called them but all they can say is that they will get back to me in 3 or 4 working days

Regards

Gary

Hi I’ve just done a transfer to Sabadell using Wise all ok money there within seconds.

Regards

Anne

Gary

Posted: Wed Oct 6, 2021 1:00pm

Gary

Original Poster

Helpful member

Posts: 124

155 helpful points

Location: Elda

Joined: 19 Mar 2016

Posted: Wed Oct 6, 2021 1:00pm

Gary wrote on Fri Oct 1, 2021 1:28pm:

Has anyone had a problem transferring money today with WISE ?

I've been using them for ages and today when I select my usual Sabadell bank as the benefactor I get an error message saying something like "Account not Supported" or "We are not accepting payments to this account at this time"

There are no problems with Sabadell as far as I know, I have messaged Wise and also called them but all they can say is that they will get back to me in 3 or 4 working days

Regards

Gary

Just to let you know that after reporting this to Wise, I've since successfully made two transfers from the UK to Sabadell without any problems at all.

Although they never got back to me explaining what the initial problem was, I guess it doesn't really matter as everything seems to be working perfectly again.

Thanks to all who replied,

Regards

Gary

Sign up for free or login to reply to this topic

Want to reply to this topic? Login or register for free to post your message:

Find more Banking and finances topics from a particular area:


Register for free!

Login to your account

Airport Service Taxi Mil Palmeras  Torre de la Horadada
Espana Dream Properties
Jennifer Cunningham Insurances SL
Car Key Solutions
AA Free English TV
Blacktower Financial Management
Costa Blanca Building Specialists
James Spanish School
Gran Alacant Insurances
Gentlevan Removals
Expat Services
ASSSA Insurance
Thy Will Be Done
interior building work
Advertise your business here
Advertise your property
Help with my computer