I don't believe it to be risky if you get something in written from Transferwise / Wise as we did. You will be able at any time to use this as proof together with a lawyers help.
a little stupid way to elaborate, but fair enough, we call it a company with substance here at OffshoreCorptalk.Unless the business is in the EU, director is in the EU, UBO is in the EU, address is in the EU, client is in the EU, supplier is in the EU, and the regulator is definitely in the EU
site:offshorecorptalk.com company substance