Putting a UAE proof of residence on an existing Wise account

[karishi]

Hi, two questions:
1) is it possible to use a UAE address for an existing and already verified Wise Bank account?
2) if it's posible, is a bank statement enough for it?
It's unclear what the situation regarding Wise in the UAE is.

 

[bigdaddyleon]

It's unclear what the situation regarding Wise in the UAE is.

Wise no longer offers accounts for residences in the UAE.
If your account is already verified, I would not change anything & continue to use it.

 

[karishi]

Wise no longer offers accounts for residences in the UAE.
If your account is already verified, I would not change anything & continue to use it.

That's what I thought, but then I read this

Getting verified in the UAE | Wise Help Centre

We need to verify your identity before you make a transfer from Emirati Dirhams (AED). It’s how we keep your money safe and comply with regulations. We’ll always ask for 2 types of documents when y...

wise.com

I know of people verified in the UAE with a UAE address who use it
And I read this

Fintech firm Wise fined $360,000 by Abu Dhabi regulator

The regulator of Abu Dhabi's free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements.

www.reuters.com

 

[bigdaddyleon]

United Arab Emirates dirham account alternatives in the UK | Currency account alternatives

Want to open United Arab Emirates dirham account alternatives in the UK? Try Wise’s multi-currency account! Manage 50 + currencies & make transfers with the real exchange rate.

wise.com

"We can no longer offer multi-currency accounts to users with an address in the United Arab Emirates, due to a recent regulatory update. We’re working hard to get multi-currency accounts back."

TW closing UAE accounts

Apparently the party is over in UAE... From February 22, 2021, we can no longer offer multi-currency accounts to those with an address in the UAE. This means that: You can still send money abroad using your debit or credit card. You can’t add and hold money in your TransferWise account. You...

www.offshorecorptalk.com