Wise restrictions for customers in Türkiye

Posted by egedijital
On October 4, 2023

Due to new local regulations, Wise is making some changes to how customers in Türkiye can use the service. These changes will go into effect on the following dates:

  • From 31 May 2023: Customers will no longer be able to top up their balances from TRY or get new account details in any currency.
  • From the date specified in an email from Wise: Customers will no longer be able to open new balances or jars, convert between their balances, add money to their existing balances, receive money into their Wise account, pay bills using Direct Debits, or send money to others from their Wise balances.

Customers will still be able to:

  • Send international transfers from their Turkish bank account.
  • Withdraw any money they have on their Wise balances.

Wise is emailing all affected customers to give them 60 days notice of the changes.

What does this mean for you?

If you are a customer in Türkiye, you should:

  • Review the changes to Wise services in Türkiye.
  • Make any necessary arrangements to ensure that you can continue to use Wise to meet your needs.
  • Contact Wise customer support if you have any questions or concerns.

Why are these changes happening?

Wise is required to comply with all applicable laws and regulations in the countries where it operates. The new local regulations in Türkiye have made it necessary for Wise to make some changes to its services.

Will Wise offer these features again in the future?

Wise is always looking to offer its services to as many people as possible. The company does not have a timeline at the moment, but it will let customers know once account details are available in Türkiye again.

In the meantime, Wise is committed to providing its customers in Türkiye with the best possible service.

Wise Business Opening Türkiye October 2023

First of all, you need to open a company. We will open this in Ege digital. You will pay 25 USD for this transaction. Then we will buy you a UK sim card starting with +44. You will pay 300 TL for this transaction. You will then apply for a wise business account with your company information, ID information and new SIM card.



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