How to Create a Wise Business Account as a Non-Resident in Canada
If you're an entrepreneur, freelancer, or business owner looking to receive and send payments globally, Wise (formerly TransferWise) is one of the best financial platforms to use.
The best part? Even if you're not a Canadian resident, you can still create a Wise Business Account to manage international payments efficiently.
In this guide, I'll show you exactly how to register a Wise Business Account as a non-resident in Canada—step by step.
How to Create a Wise Business Account as a Non-Resident in Canada
Wise is a top-rated international money transfer service that allows businesses to:
✅ Hold and manage money in multiple currencies (including CAD, USD, EUR, GBP, etc.).
✅ Send and receive payments with low conversion fees compared to banks.
✅ Get local bank details in various countries, even without living there.
✅ Accept payments from global clients without expensive international bank charges.
Now, let's get started with your Wise Business Account!
Step 1: Go to the Wise Business Sign-Up Page
To create your account and enjoy low-cost international transfers, use my referral link below:
👉👉 Sign up for Wise Business here
Click the link and proceed to sign up.
Enter your email addresse
Click "Get your gift"
Choose "Business" instead of "Personal."
A business account offers more features, such as multi-currency accounts, batch payments, and better transaction limits.
Enter Your Business Details
You'll be asked for the following:
✔️ Business Name – Enter your company’s registered name (or your trade name if applicable).
✔️ Country of Registration – Choose the country where your business is legally registered.
✔️ Business Type – Select if you are a sole proprietor, LLC, corporation, or freelancer.
✔️ Industry Type – Choose the field your business operates in.
✔️ Business Website (if available) – Helps Wise verify your company faster.
If you don’t have a registered business, you can still create a business account as a freelancer or self-employed individual. Just follow the step below
Enter where your business is located
Choose Canada, by choosing this country you'll be able to order the physical card and access to more tools and services.
Now go ahead clic on Continue,
You'll need to enter an international phone number starting by +1
If you living Haiti for exemple, the area code is (+509) this number will not match! you'll need to ask a friend in Dominican Republic or any county else for getting the verification code using his(her) phone number! or you can buy a virtual phone number using any platforms like 'ESIM'
After submiting the code
You'll need to create a pasword, it must contains : letter, number and 9 or more characters, like mention below, then Go ahead clic on Continue
Now talk about your role in the business
If you operate as a director or significant shareholder choose the first one and follow the promp, if you operate as a company employee or representative and has all legal document choose the second,
For those who don't have any legal business entity let's proceed with the third as a sole trader, that's mean you'll operate your business under your legal name ( you are your business)!
Fill in your business details
Add Canada for country or any else if you prefer other
For the company type leave it like that, enter your business name, better with your legal name, enter a trading business name, Go ahead and pick Continue
Now add your business address
As a non resident
you'll need to add an adress of a friend living canada if you have any, if no, let's proceed with a virtual address
You can use one of these addressses or search a virtual address by searching on google or just clic on CANADA BEST RAMDOM ADDRESS to generate a new virtual address! After fill in the details go Ahead clic on Continue
You'll see this page below, now tell more about your business, choose the industry you are operate in, describe the products or services your business sell, and add your business website or you social media link if you have any! Go ahead pick Continue.
Confirm that the adress you entered is correct
If yes go Ahead confirm and continue!
Now choose the second option Enter manually to add the same address you entered before, and Continue
Now provide more info about you, like occupation and anything else
Now you are in!
Your account is all set up, now the last step is to choose a plan, you can go with the Essential features if you'd like to see your dashboard and pay later or let's proceed with the firts one 42$CAD to unlock all features, clic on GET ALL BANKING FEATURES
Now choose the currencies you would like to get paid in
You can choose any currency you want : Canadian Dollar,Euro,British pound, US dollar.... you'll get a bank acount for every currency! Continue to the next step
The last step to activate your account is complete these 3 steps below
1- verify your identity 2- make the payment 3- wait for wise to verify your account
Tell the purpose why are you using wise? select the best match for you then Continue.
Verify Your Identity
Since you're a non-resident in Canada, Wise will need to verify your identity with:
✅ Government-issued ID (passport or driver’s license).
✅ Proof of Address (this can be a utility bill, bank statement, or lease agreement).
Even if you’re not a Canadian resident, you can use an international address for verification.
In this field provide your legal info and the address provided before then clic on continue
Provide Business Registration Documents (If Applicable)
Wise may ask for:
✔️ Certificate of Incorporation (for registered businesses).
✔️ Proof of Business Activity (such as invoices, contracts, or a website).
✔️ Business Bank Statement (if applicable).
confirm the trading address
If the adress is correct go ahead clic on Submit.
If you are using a computer switch to your smarphone to proceed with the verification
You'll need to take photos of your ID document and your face,
you can use your smartphone camera to scan the QR CODE, or send a link to your smartphone by email or if you don't have any smartphone on hands choose the last one to proceed with your computer if you have webcam, but it's better to use your phone for better resolution!
when entering the information about your document, provide exactly the country of your residence, where you own the legally documents. follow the verification promp and pay the fee using a visa or mastercard to activate your account!
you can clic on the wise Icon in the left side to see your account if you prefer to verify later.
Fund Your Account & Start Using Wise
Once your account is approved:
✔️ Add funds to your Wise account to activate it.
✔️ Start sending and receiving payments in multiple currencies.
✔️ Get local bank details (like a Canadian or U.S. bank account) even if you don’t live there.
Get Started with Wise Today!
Opening a Wise Business Account as a non-resident in Canada is simple, fast, and cost-effective. Whether you're a freelancer, digital entrepreneur, or international business owner, Wise offers the best way to manage money globally without hidden fees.
💰 Ready to get started? Sign up now and enjoy lower fees with my referral link below:
>> Create Your Wise Business Account Now
we also have a step by step guide for you to built a shopify store
if you're interested >>checkt it out!
Start managing international payments the smart way today!
Want More Business Growth Tips? >>visit all my blog post and dicover the latest interesting topics!
Let me know if you have any questions in the comments or if you need help setting up your Wise account
