Wise wants me to update the trading address what can I do?

Update your business trading address by August 22 to avoid your USD account details being suspended.

Because of the way we’re regulated, we need to make sure we have the physical address where operates from, also known as your trading address.

If you work remotely, from home or at a co-working space, we’ll need the address you work from. This address doesn’t need to be in the same country as the one where you registered your business. Operating a remote business is a valid, common and authorized use case.

We won’t send any mail to the address you give us — we just need it for regulatory purposes.

What you need to do

To update your trading address to a real physical location, you’ll need to log in to your account, select your business account and tap on “Business details”.

If you haven’t updated your address by August 22, 2024, we’ll need to suspend the USD account details for . This means you won't be able to receive payments using your local USD account details and any direct debits you have will stop working.

Learn more about updating your business trading address.

Address options we can’t accept

As your trading address is a physical location, it cannot be any of the following address types:

• PO box

• Mail forwarding or receiving service

• Virtual address

• Business registration agency

• Attorney offices

If you have more than one trading address, please make sure that all of them are physical addresses when updating your account.

3 comments