Hello everyone,
I have a UK Limited company with a nominee director, which I use for legitimate online activities. I opened a Wise business account under the director’s name and documents. A few months ago, Wise closed the account without warning, likely because other LTDs sharing the same director were flagged (unrelated to me).
I appealed, but the appeal was rejected. However, Wise allowed me to provide a different bank account (in someone else’s name) for the remaining funds. They keep saying due diligence checks are still in progress, but the delay is getting long, and I'm unsure when the refund will arrive.
Has anyone faced a similar issue with Wise? How long did it take to resolve? Any suggestions would be greatly appreciated. Thank you!
I have a UK Limited company with a nominee director, which I use for legitimate online activities. I opened a Wise business account under the director’s name and documents. A few months ago, Wise closed the account without warning, likely because other LTDs sharing the same director were flagged (unrelated to me).
I appealed, but the appeal was rejected. However, Wise allowed me to provide a different bank account (in someone else’s name) for the remaining funds. They keep saying due diligence checks are still in progress, but the delay is getting long, and I'm unsure when the refund will arrive.
Has anyone faced a similar issue with Wise? How long did it take to resolve? Any suggestions would be greatly appreciated. Thank you!
