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Why do I need to get verified?

When you open a bank account, you usually need to take some ID into the bank branch. Wise is no different. We’re a financial institution, so we need to know who’s using our service. It helps us combat money laundering, and keep everyone’s money safe.

So depending on where you’re sending money from, and how much you send, we’ll ask for you to verify your identity. 

Learn more about getting verified

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© Wise Payments Limited 2025

Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money.

All investment services are provided by the respective Wise Assets entity in your location.