Problem with (Transfer) WISE

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"

 

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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 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.
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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"

 

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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 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 

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"

 

Read more...

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

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"

 

Read more...

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