My Bank Account Was Frozen // Transfer(Wise) Guide – Boracay Island | Aspire 216

Frozen bank accounts, can’t pay workers, and client complaints – just another day in Boracay paradise. TransferWise can be a great app, but your account can get frozen without you knowing it. Learn how you can resolve these issue and have an enjoyable stay in Boracay!

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Table of Contents:
0:00 – intro
1:00 – back to work
3:18 – Boracay
7:00 – catch up…
8:43 – wise
9:55 – problem
13:57 – 5 steps
19:46 – outro

My Bank Account Was Frozen // Transfer(Wise) Guide – Boracay Island | Aspire 216

If you are a business owner with people overseas working for you or just a normal person who uses wise formerly known as Transferwise to send money, then you want to make sure that the money transfer is sent on time and fast to where it is supposed to go. But what if your account suddenly gets frozen?

It’s going to be a total headache when getting stuck in Transferwise problems and more so when it happens while you are on a vacation in a paradise island such as Boracay. As a business owner or an entrepreneur, paying off the team under you is a top priority and a no payment is an absolute NO.

So instead of doing a boracay vlog featuring the picturesque nature of the place, this video shows how to use transferwise or how to use wise safely without going through the nightmare of dealing with a frozen account. It covers the 5 steps you need to remember to skip out wise and traditional bank problems.

Before diving into the solution of Transferwise frozen account, understand first what is Transferwise and how does transferwise work. According to its website, Transferwise is an international account to send money to over 60 countries around the world. An amazing thing about transferwise is its low fees as it is up to 8 times cheaper than a bank. Transferwise, now wise is also a better option when you need to send money abroad because it is cheaper and faster than its counterparts like payooner, Upwork, Paypal, or fiverr.

Transferwise is faster because, despite the four-day tranfer time, it sends out money before it receives it in its account. This is also the main reason why Tranferwise or wise is very vigilant and strict. So, when it detects problems with the ACH or your debit card, your wise account will stop working because it’s not going to send money ahead of time.

But no worries, you can avoid all of the hustle of going back and forth from Tranferwise to the bank, and moved on to doing Boracay vlog… if you are in boracay, by following all these 5 steps you are going to learn in this video. So, keep on watching until the end.
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