Even though It is not possible to open a Wise Business Account from Bangladesh, but in this article, I will provide you step by step guidelines on how to open a wise business account and a Virtual / Plastic Business Debit Card from Bangladesh.
That card can be used to buy any product or service on an international payment gateway, including Facebook Ads. Wise Business Account will open a new door of possibilities for you. Expanding the business to investing in the international stock market will be easier. You can be a shareholder of Amazon or Apple from Bangladesh.
Since the account cannot be opened from Bangladesh, first you will need a second address in another country where the wise business account is available. For business, you will need a business address and business registration.
The best option for this is to open a UK’s LTD. If the transaction is not more than 60 thousand pounds, there is no problem with VAT registration. Plus, you’ll be getting Business PayPal and Stripe accounts easily.
Step 1: Register UK LTD from Bangladesh
If you google, you will get many services, but I suggest Quality Company Formation. They will give you the director’s address and business address, and you will get digital documents if you log in. Their full package is £44 + VAT.
You can also take Icon Office if you want to forward mail to Bangladesh, but Icon Office is very expensive. You or your people can also go directly to the office and collect mail. However, mail forward is not needed. Everything can be done with Corn Wise Digital Card. Moreover, the Wise card is delivered to Bangladesh through the post office.
Remember that the address you get will be used in company registration and everywhere. If the business and address do not match, the office will not receive your mail.
All the address services you will need:
1) Registration office service: which will be used in UK LTD registration.
2. Service Address: Address of Directors in, Stripe, PayPal, and Director’s address are required during company registration.
3) Business Address Service: The address is a lot like a corporate address. It can be used on business cards, letterheads, or websites. Take a look at these when buying a service from a company registration house.
Step 2: Buy a UK virtual phone number from Bangladesh
To open WAZ / PayPal or any other account, you must have a UK number to receive OTP. You can also buy numbers from Icon Office, but it is expensive. I suggest you buy from the VYKE app at, much lower price. YOu will OTP through the app.
I use this app myself. However, when the call is actually received in this app, it seems a bit slow. Besides, I don’t know of any good alternative. You can suggest in the comment box if you know a better alternative.
Step 3: Open a UK (LTD) Company Account From Bangladesh
You can start the process by going to this link to register a UK LTD account from Bangladesh. Uk LTD registration fee is £12. But if you want, you can use Icon Office or Quality Company Formation. They will do the job for you, you will also get discounted rate as they mention in their package.
You can follow this video. Although the language is Urdu, you can easily understand the sort and steps of the video.
Step 4: Open Wise Business Account From Bangladesh
Once your company is successfully registered with UK Company House, open a wise business account from Bangladesh by visiting this link.
Your passport will be required for account verification. All other company Info, Wise will collect directly from the UK Company House. You do not need to upload any documents. All you have to provide is the company registration number.
There is a one-time business account setup fee of 16 after the account is created. In this case, you can’t use Wise Personal to Business Transfer, Pioneer, or any Bangladeshi card is not allowed.
If you open an account from our link, we help in this matter. Even if you do not use our link, you will get support; in that case, our service charge is 1500tk.
If you have a Bangladeshi Personal Wise account, open a business account with it, you must use a UK phone number for a business account.
How to withdraw money from Wise Business Account from Bangladesh?
Money from Waz Business Account cannot be withdrawn in Bangladesh. However, you can transfer your business account fund to other family members’ personal wise accounts. You can transfer ACH to any other US bank account, such as Pioneer.
How to get Wise Business Dabit Card From Bangladesh?
For business account wise deliver the card to any country. Just order the card to a valid postal address and Wise delivers the card to Bangladesh, regardless of the country limitation.
If you do not see the phone number option the shipping address, add the phone number somehow before the house number. That will make it easy for the postman/post office to contact you for the wise prepaid card delivery to Bangladesh. Comes in 12-15 days.
Post Office doesn’t provide home delivery in my area (Demra / Staff Quarters). So I had to go to the post office and bring it. They didn’t even call. They just went after 20 days and gave it as soon as they said it.
My previous address (Gulshan) Postman used to deliver all parcels or letters home. Other benefits of Wise Business AccountOnce the Wise account is approved, you can issue unlimited digital or physical cards for yourself and your team.
You can open a PayPal account. If you have any comments or suggestions, please let us know in the comments below. Thanks
Read This post in Bangla: ওয়াইজ বিজনেস একাউন্ট
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