We currently onboard the following business types in India:
Sole trader / freelancer
Sole proprietorship
Private limited company
Limited liability partnership
If you have a different business type, we're working hard on bringing this back — start registering your business to join the waitlist.
We need to verify your identity and your business before you can start receiving money from your payers. It’s how we keep your money safe and comply with regulations.
Once you're verified, you can receive money from your international clients. They can pay to your account details on Wise and we'll automatically convert the money to INR at mid-market rate for you.
What's my company type?
You can choose from 4 company types based on the following criteria:
Sole trader or Freelancer
You're making money as an individual
Your PAN is under your personal name
Your bank account for receiving INR is under your personal name
Sole proprietorship
You're the sole owner of your business
You have a government issued document (e.g. GSTIN) to prove your ownership and have a trade / business name.
Your PAN is under your personal name
Your bank account for receiving INR is under your trade / business name
Private limited company
You have a privately held, legally-recognized business entity that is owned by private stakeholders
You have a government certified registration document to prove your stake in company
You have a business PAN that is under the company’s name
Your bank account for receiving INR is under your company’s name
Your business is registered with a Corporate identification number (CIN)
Limited Liability Partnership
You're running a partnership based firm where you share certain amount of profits in the business
You have a government certified registration document to prove your stake in the partnership
You have a business PAN that is under the company’s name
Your bank account for receiving INR is under your company’s name
Your business is registered with a Limited Liability Partnership Identification Number (LLPIN)
How do I get verified?
We'll need to verify your:
Aadhaar number and PAN via video verification
Bank account details
Business ownership
We will verify your Aadhaar number and PAN via video verification as required by the Reserve Bank of India for international remittances. You can complete this process from home via a short video call — no need to visit an office or wait in line.
We'll then reach out within 2 working days to let you know that your business account is ready. If there’s any further information required, we will notify you in an email.
1. Video KYC verification
General information about the process:
The video call can be done in English or Hindi and it takes about 2-3 minutes
You need a smartphone or a computer with a webcam, microphone, and stable internet
You must be physically in India and not using VPN during the video call
You must be the account holder of the Wise account to make the video call
No one else can assist you during the video call
Have your Aadhaar number (with access to its linked mobile/email for OTPs) ready
Have your Digilocker access ready (with your 6-digit security PIN)
Have your personal physical PAN card ready (we do not accept e-PAN or screenshots of digital PAN card)
Make sure you're in a well-lit, quiet space
Video verification is available Monday to Friday, from 9:15 AM to 11:00 PM IST, excluding public holidays
Learn more about video verification here
How to start the video verification process:
Complete account registration on Wise
Proceed to verify your identity through IDfy, our KYC verification partner
Capture your PAN details by taking a photo of your PAN card
Capture your Aadhar details by selecting Verify with Digilocker and logging in with your 6-digit Digilocker PIN (If you forgot your PIN, reset it here)
Once you verified your Aadhar details, select Start Video KYC
How to complete the video verification process:
Allow camera and microphone access — this is secure and only used for the call
You’ll meet a Wise agent who’ll guide you through:
Reading a 4-digit code displayed on your screen
Showing your physical PAN card to the camera
Taking a live selfie
The agent will verify your Aadhaar and PAN details
2. Bank account details
Details of the bank account where you want the INR to be deposited. We ask for your account number and IFSC code to verify your bank account.
Freelancers – the account holder name on your bank account must match with your name registered on your personal Wise account.
Sole proprietorships – the account holder name on your bank account must match with your registered business name on your Wise business account.
Private limited & Limited Liability Partnerships – the account holder name on your bank account must match with your business profile name.
3. Business ownership
Sole proprietorships – you'll need to provide one of the following documents, and the name must match your registered business name on your Wise account:
Importer exporter registration certificate
Udyam registration certificate
GST (tax) certificate
Income tax return documents
Shops and establishment document
Private limited companies - you'll need to provide the following information:
Corporate identification number (CIN)
Business entity PAN number and a copy of the card
Memorandum of Association and Articles of Association (MoA and AoA)
Importer Exporter Code (IEC)
GST identification number, if you’d like to receive tax invoices
Directors’ details
Beneficial owners’ details and IDs
List of shareholders and their respective ownership percentages
Authorization letter if the person registering is not one of the directors mentioned earlier
Limited Liability Partnerships – you'll need to provide the following information:
Limited liability partnership identification number (LLPIN)
Business entity PAN number and a copy of the card
Importer Exporter Code (IEC)
GST identification number, if you’d like to receive tax invoices
Partnership deed
Partners’ details
Beneficial owners’ details and IDs
List of shareholders and their respective ownership percentages
Authorization letter if the person registering is not one of the directors mentioned earlier
What to do if my bank account verification has a mismatch error?
Please make sure that you check the company type you registered with and if the documents and information you sent us match the requirements.
If you’ve registered as a freelancer, your provided bank account name must match with your personal profile name.
Otherwise, your provided bank account name must match with your business profile name i.e. bank account name must be under your business name
How can I check my profile details?
You can check your personal or business profile details by going to https://payout-surge.live/profile/view/%3C/u%3E%3C/a%3E where you will be able to modify editable information. Some fields can only be modified if verification is still in progress.