Wise: Verify your account, obtain a US dollar bank account, and bind it to Paypal; withdraw US dollars to domestic UnionPay cards and Alipay [Graphic Tutorial]

Wise (formerly known as TransferWise, now changed to Wise) is a platform that provides international remittance transfer services. It can withdraw domestic Paypal balances and supports domestic UnionPay cards. It can be transferred to your own card or to other people's cards.

Steps for Wise to withdraw Paypal balance to domestic bank card: obtain Wise US bank account, bind Wise US bank account to Paypal, provide Paypal balance to Wise US bank account, and transfer Wise US bank to domestic account.

The following is the detailed process (this is also my operation, please correct me if there is anything inappropriate).

Wise official website : https://wise.com/

1. Wise Verification Account

1. Use real information when registering with Wise

2. Get a US dollar account

Log in to https://wise.com/account/, click Open a balances on the left, and add USD.

3. Now verify your account and you need to recharge 20 USD to your USD account (domestic bank cards are not supported)

4. After recharging, you need to send your identity information. It is recommended to use your passport. (My ID number was not approved, but my passport was approved once. Generally, you will receive an email in a few minutes to confirm whether the verification is successful or not)

The Wise bank account information finally obtained:

2. Bind Paypal to Wise US bank account

After logging in to Paypal, add the Wise USD account. The main thing to note is the Wise USD account: select Inside the USA, the bank code is the Routing number, and the account number is 9600 0011 6462 8648

3. Transfer Paypal balance to USD bank card

Go to https://www.paypal.com/myaccount/money/ and select Transfer

4. Withdraw USD to domestic UnionPay card or Alipay

All operations are performed on the wise.com official website.

1. Bind domestic UnionPay card and Alipay

2. Withdrawal process

Alipay payment is very fast (need to link bank card, Bank of China is recommended)