Wise lost Evolve & Trust Bank

[Alexmorgan]

Some got Email that their US accounts in wise got stopped but not the rest of the accounts

Means all local transactions wont work anymore

 

[cristiansilva33as]

I received an email informing me that my USD bank details have changed.
From what I checked they changed from "Evolve Bank &trust" to "COMMUNITY FEDERAL SAVINGS BANK".
But has anyone had this change?

 

[Alexmorgan]

I received an email informing me that my USD bank details have changed.
From what I checked they changed from "Evolve Bank &trust" to "COMMUNITY FEDERAL SAVINGS BANK".
But has anyone had this change?

COMMUNITY FEDERAL SAVINGS BANK is international but they clearly said no Local wire or ACH will work

 

[cristiansilva33as]

COMMUNITY FEDERAL SAVINGS BANK is international but they clearly said no Local wire or ACH will work

They said that only local transfers to "Evolve Bank &trust" will no longer work. If you use the new details you will be able to receive local transfers normally.

The title of the email I received was "Your local USD account details are changing.".

At the end of the email there is a link with more details:

They work exactly the same as your previous ones. You can receive domestic and international payments, set up Direct Debits and link your account to other payment service providers.

https://wise.com/help/articles/2G69Jf6EEvf5TvYSlA8XjQ/were-changing-your-usd-account-details

 

[Alexmorgan]

They said that only local transfers to "Evolve Bank &trust" will no longer work. If you use the new details you will be able to receive local transfers normally.

The title of the email I received was "Your local USD account details are changing.".

At the end of the email there is a link with more details:

They work exactly the same as your previous ones. You can receive domestic and international payments, set up Direct Debits and link your account to other payment service providers.

https://wise.com/help/articles/2G69Jf6EEvf5TvYSlA8XjQ/were-changing-your-usd-account-details

It seems for some they moved them to a new one

And some they completely stopped providing them


https://wise.com/help/articles/USPVFgeJ0K3WP3AtK565a/usd-account-details-no-longer-available

 

[Oakgrove]

I used to have a US-based Wise acct where the USD bank detail was with Community Federal. And then I switched over to the EU-based Wise acct (and the USD bank detail was with Evolve Bank & Trust). It's just looking like they're making things easier by having both US-based and EU-based account go to the same bank. Nothing exciting. =)

 

[boomy]

Are your USD accounts working with Wise and Envolve bank now ?

 

[Alexmorgan]

Are your USD accounts working with Wise and Envolve bank now ?

I didnt get a US account yet due to they are refusing my verification

But as i see here they are now with JP Morgan

https://wise.com/help/articles/2932124/wise-bank-details

 

[JackAlabama]

I didnt get a US account yet due to they are refusing my verification

But as i see here they are now with JP Morgan

https://wise.com/help/articles/2932124/wise-bank-details

everyone ends up there sooner or later

 

[Oakgrove]

Are your USD accounts working with Wise and Envolve bank now ?

Works fine for me (and has been for the last 6 months). Incoming and outgoing.

 

[Alexmorgan]

Works fine for me (and has been for the last 6 months). Incoming and outgoing.

Where do you live?

 

[Oakgrove]

Where do you live?

EU based account. Transferring in & out of another US based checking account.

 

[JohnLocke]

So Wise can set up real US bank accounts like a regular bank as long as you can be verified as a US company or individual?

 

[Alexmorgan]

EU based account. Transferring in & out of another US based checking account.

Seems thats the case

I live in Bahrain and they gave me second layer of verification for the US account which not accepting

A lot who live out of US or EU having the same

So Wise can set up real US bank accounts like a regular bank as long as you can be verified as a US company or individual?

Everyone in the world can have a US account with wise

Just get verification done and you good to go

Specially as they are partnering with JP morgan its prestigious to open a US bank account with them now