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How to Open a Wise Business Account After Registering Your Company with eFinance

Updated: 4 days ago

A Step-by-Step Guide to Setting Up Your Wise Business Account

Wise Bank Cover

Step 1: Registering Your Company with eFinance

Before you can open a business account with Wise, you need to complete your company registration through eFinance. This service streamlines the process, making it efficient and straightforward. Once your company is registered, you can proceed to open a bank account.

Step 2: Opening a Wise Business Account

Visit Wise's Website: Go to Wise "Create your Wise account" page.

It only takes a few minutes to set up your Wise Business account. You just need to enter some details about yourself and your business. Wise might need to verify your account before completing any transfers for you.

If you already have a personal account, you can link your new business account to it, so that you can access both with the same login. You can open a business account from the web or app by selecting Open a business account from your name icon in the corner.

Step 3: Adding a Team Member (Accountant)

Log into Your Wise Account: Access your dashboard.

  1. Go to Team Section: Navigate to manage your team or users.

  2. Invite Your Accountant: Enter their email to send an invitation.

  3. Assign Roles: Set roles and permissions based on their responsibilities. Options include viewing transactions, making payments, or full access.

  4. Confirmation: Once accepted, your accountant will have access according to the assigned roles.

Wise Fees for Estonian Companies

Account Registration: €50.

  • Sending Money: Fees start from 0.33%, varying by currency.

  • ATM Withdrawals: Free for up to €200 per month, 1.75% fee thereafter plus €0.50 per withdrawal.

  • Wise Debit Card: €4 issuance fee, no subscription fees.

  • Currency Conversion: Fees start from 0.33%, depending on the currency.

  • Holding Money: Free for holding 40+ currencies.

  • Receiving Payments: Free for non-SWIFT payments in supported currencies; fees apply for SWIFT and specific currencies (e.g., $6.11 for USD wires).

Always review Wise’s latest fee schedule to stay informed about any changes.


Wise does not support certain industries. Please review the Wise Acceptable Use Policy to see restricted business categories.


Opening a Wise business account after registering your company with eFinance is a seamless process. Wise offers a user-friendly interface, low fees, and the ability to easily manage team member permissions, making it an excellent choice for businesses looking to handle their finances efficiently.

Useful Articles on Banking

Banking Basics: A guide on the fundamentals of banking for e-residents.

Banking Comparison: A comparison of different banking options available to e-residents.

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