Wise payouts are invoice-backed. You issue an invoice to IG Services Kft. for the amount you are withdrawing, and we pay that invoice to your Wise account or to your bank account. This method is intended for business sellers who can issue a valid invoice.
Requirements
Identity verification (KYC) completed.
A business that can issue invoices under its own tax, VAT or company registration number.
Not eligible for Instant Payouts.
Where the money goes
Choose one destination in your payout settings. This is what your invoice has to match.
Destination | Details you provide | Currency |
|---|---|---|
My Wise account | Wise account e-mail | USD or EUR |
SEPA bank transfer | IBAN in a SEPA country | EUR only |
SWIFT bank transfer | IBAN or account number, SWIFT/BIC, bank name, bank country | USD or EUR |
Fees and limits
Fee: 1% of the withdrawal amount.
SWIFT fee: 1%, minimum $15. A SWIFT withdrawal therefore has to be for more than $15.
Minimum withdrawal: $3.
Your balance is in USD. If your payout currency is EUR, the amount to invoice is converted at the rate locked into your quote.
How to withdraw
Select Wise as your payout method in Finances, then enter your account holder (business) name and your destination details.
Enter the amount you want to withdraw. We show you the exact total to invoice, the fee and what you will receive. This amount is locked for 24 hours.
Issue an invoice for exactly that total and upload it as a PDF.
Once the invoice passes our check, submit the withdrawal request. If it does not pass, we tell you what to correct so you can upload a new one.
What your invoice must contain
Billed to: IG Services Kft., Lanka utca 19., 1112 Budapest, Hungary, VAT number HU28803287 (tax number 28803287-2-43).
Your business: name, address, country, and your own tax, VAT or company registration number.
Invoice number and an issue date within the last 30 days.
A description of the services invoiced.
The exact total and currency shown to you when you requested the amount.
Your payment details, matching the destination saved in your payout settings. If you are paid to your Wise account, the invoice must state that payment is made via Wise.
Good to know
One invoice per withdrawal. Invoice numbers and uploaded files cannot be reused.
If your locked amount expires before you upload, request the amount again and issue an invoice matching the new total.
If you change your Wise or bank details after uploading, the invoice is no longer valid. Request a new amount and upload again.
If a withdrawal is cancelled or declined, the invoice is released and the same document can be uploaded again.
Only one open withdrawal request is allowed at a time.
Password (and 2FA if enabled) is required to submit a withdrawal.
If your business is in the EU outside Hungary, a B2B services invoice to a Hungarian company is normally reverse charge. Add the relevant note instead of charging VAT.