Using TransferWise to save your business money

TransferWise is the cheapest, and probably fastest, way to send money abroad. But did you know you can use it for your business as well? Before you get started, you will need the following documents:

• A clear scan or photograph of your passport photo page, driver's license or a national identity card.
• A copy of a utility bill or a bank statement issued within the last 3 months. It should match the personal address entered on TransferWise
• A copy of the business’s certificate of incorporation (or any other valid business registration document).

Once you have those ready, just follow these steps to get started:

1. Sign up at TransferWise.com

2. Click the close button in the top right corner to exit the transfer screen

3. Click the figure left of the "send money" button and hit "settings".

4. Fill in your personal details and click save

5. Go to the settings page again and click "business" to fill in your business details

6. Follow the link in the orange box to verify yourself and your business