Setting up a Wise business account is simple. It allows you to manage your finances and make bank transfer payments for your recurring Infloww invoices.
Creating a Wise business account
Here's how you can create your Wise business account:
Visit the Wise website: Go to the Wise website and click on the "Business" option at the top of the page.
Sign up: Click "Register" at the top right of the webpage.
Provide business details: You'll need to provide some basic information about your business, including its name, type, and location. Wise may also request information about the owners of the business.
Choose your business type: Select the appropriate option that best represents your business type (sole proprietorship, partnership, corporation, or another type of entity). E.g. if you're the sole owner of a small business or agency, choose sole proprietorship.
Verify your identity: To comply with financial regulations, you'll need to verify your identity and the identity of any individuals associated with the business. This typically involves uploading identification documents and answering a few questions.
Link your bank account: To make transfers to and from your Wise business account, you'll need to link it to your existing bank account. Follow the instructions on the Wise platform to securely connect your bank account.
Set up a currency account: One of the key features of a WISE business account is the ability to hold and manage money in multiple currencies. After creating your account, you create a USD currency account to facilitate your Infloww payments.
For more detailed information on setting up and verifying your Wise account, visit their knowledge base.
Making bank payments via Wise
Now that you have your Wise business account set up, here's how you can make bank transfer payments for your recurring Infloww invoices:
Initiate a transfer: With your account logged in, click Send via Wise's homepage.
Choose a payment source: You can make payments via a bank account outside of Wise or directly from your Wise balance.
Choose a transfer type:
International: Select the currency (USD) you're going to make the payment with.
Same currency: If you already have a US account, select this option.
Enter payment: Infloww accepts partial or full payments—all you need to do is enter how much you'd like to send!
Enter recipient details: You'll need enter Infloww's banking details in full, including name, account number, and address.
Confirm and review: Make sure that all the details of your transfer are accurate to prevent payment issues.
Make the payment: Once you've reviewed your transfer information and are satisfied, confirm and authorize the payment.
Send a payment confirmation: Notify our team that you've made a payment by reaching out to us at [email protected].
Track your transfer: Wise provides real-time tracking of your transfer, allowing you to monitor its progress until it reaches our finance team.
Here's the recipient details you need to fill out:
Account holder: INFLOWW GROUP KORLATOLT FELELOSSEGU TARSASAG*
Country: Hungary
City: Budapest
Street address: Fehérvári út 126-128
Postal / ZIP code: 1116
ACH and Bank routing number: 026073150
Account number: 8312439316
Account type: Checking
Bank name: Community Federal Savings Bank/ Wise
Bank address: 30 W. 26th Street, Sixth Floor, New York NY 10010, United States