Wise charge 55 EUR for business account opening!

[avalanche]

I just created a new Wise business account, in the past they never charged for it, now they charge 55 EUR for the account opening.

Is that also for personal accounts?

It may actually be a good sign. Hopefully it will improve situation with random account closures

 

[NicolasMaduro]

they have an extremly long approval time at the moment... if the 55€ help to speed that up I'm fine.

Two years ago it was done in minutes.

Lol Im getting instant approved business accounts, guess some countries are a bit more hard

Edit:

Lol just checked my email folder. Took them exactly 3 minutes to open my business account. With Iban and balances. 20 minutes later I had ordered my debit Card.

I think wise open instantly when its for accounts with a business registry that have api. For example Uk and Estonian companies they can instantly verify ownership and so on trough api. Same with other countries. Then some countries Where they are more like a secret its not a quick process.

Edit:

Also requires that you have an already approved/verified personal account I assume

 

[CoinMaster]

Lol just checked my email folder. Took them exactly 3 minutes to open my business account. With Iban and balances. 20 minutes later I had ordered my debit Card.

you must be in a good country as point of view of Wise.