Why This Happens
Wise has determined that your business model falls outside the types they can support. Wise restricts certain business categories including payment service providers, cryptocurrency exchanges, gambling operations, and other activities that require specialized licensing or pose elevated financial risk.
Example Notification
"After reviewing your business account, we've determined that we're unable to support your business type at this time."
Compliance Steps
Review Wise's Acceptable Use Policy for restricted business types
If misclassified, prepare documentation of your actual business activities
Submit business registration, licenses, and transaction history
If genuinely restricted, research alternatives (OFX, WorldFirst, bank wires)
Arrange return of any remaining balance in your Wise account
Dealing with a Wise suspension?
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