Who can open Wise account

Wise (formerly TransferWise) allows individuals and businesses in many countries to open an account, including residents of India who meet their verification requirements. You'll need a valid government-issued ID, proof of address, and in some cases documentation of your business or income source. However, Wise accounts come with transaction limits and can involve multiple fees for currency conversion and international transfers, which may not suit high-volume exporters or freelancers.

For Indian freelancers and exporters seeking a more tailored solution, Skydo offers an RBI-authorised platform designed specifically for receiving cross-border payments. With faster processing times, transparent pricing, and full regulatory compliance, Skydo provides a streamlined alternative to Wise that addresses the unique needs of India-based professionals earning from overseas clients.