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TransferWise Phisical Card for business account - what is billing address?

Depends on the card your ordered.
You can order one for your personal account and one for your business account (if country is supported, US companies for example can't get a business card at TW).
And this will determine the billing address.
I remember getting 2 cards from TW. The personal card is in green and the business card is green/blue.
 
Business cards will have the company's address and personal accounts will have your personal address. Straight forward.
 
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