| Aggro | 03-11-2025 12:34 PM |
Re: Withdrawal To Card From Limited Paypal: WISE debit card?
First, Wise is not a bank; it's an EMI (Electronic Money Institution) but regulated like a bank.
Unlikely they report anything.
You can simply get a digital debit card where details show up immediately.
AFAIK digital card is indiscernible from the physical one you get in the post.
I could never withdraw funds into my Wise a/c.
I entered card details immediately with no prior transactions use
I heard some say that you must keep the card there for weeks/month(s) prior & must have used it for some transactions previously (?)
I stand corrected on the above if anyone says otherwise Quote:
Originally Posted by MeToYou
(Post 1254454)
I signed up for a Transfer Wise (now just Wise) many years ago, I just logged in to it. I originally signed up not for Stealth reasons but so a person in Belgium without PayPal could pay me. When they paid me it went directly in to my bank account.
After reading the above post I see there is a chance I can withdraw to Wise from PayPal. I just noticed there is an option within my Wise account, that I haven't used for years, for me to "get account details". I presume I need to do that before I try and withdraw to my Wise account from PayPal ?
Does asking for account details from Wise and getting a debit card from them put me on any "authority maps" that I wasn't before ? Do Wise have to report all my info to UK authorities like most banks do or are they not part of that system ? I am using my legit name and address. I wasn't sure if getting a physical debit card suddenly puts you on some kind of banking system shared with all authorities. I know my Natwest account shows up on Clear Score even though it doesn't have a overdraft, I presume because it is a proper bank.
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