Opening a Wise account in Nigeria may not be thought of as difficult, but where many Nigerians encounter difficulty is getting the account verified.

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Since 2021, there has been a Wise-imposed restriction on Nigerian cards. This makes it impossible for Nigerians to fund their Wise accounts using their Nigerian debit cards. If you’ve been looking for a proven way to get out of this restriction, and easily have your Nigerian Wise account funded, you’ll likely find this post handy.

But before we show you the steps for creating and activating a Wise account in Nigeria, let’s have a brief look at what Wise is.

Wise is a payment solution previously regarded as Transferwise. While Wise is said to have 10 million+ users, what we consider more interesting is that its user base diversely comprises freelancers, travelers, immigrants, individuals, and organizations.

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With Wise, you can easily execute overseas payments at reasonable rates. You can also perform inexpensive cash withdrawals in 200+ countries. Security-wise, Wise guarantees its customers optimum satisfaction, thanks to the 2-factor authentication offered.

Moreover, Wise guarantees expeditious transactions as customers are highly likely to have 50% of their transfers delivered in a maximum of one hour if not delivered instantly. Wise customers can exchange multiple currencies as well as hold funds in different currencies. With Wise, you can not only receive payments from almost any destination across the globe but also transfer funds at relatively affordable rates to 80+ countries.

How to Create and Activate a Wise Account in Nigeria

Before proceeding to the steps for creating and activating a (personal) Wise account in Nigeria, it’s important to know the requirements for account creation. Here’s a list of the requirements:

• Full name –This is expected to include your surname, first name, and middle name
• Phone number
• Email address
• Means of identification –This could be your Nigerian national ID card or your driver’s license. If you wish to tender your national ID in this regard, note that your NIN (plastic) card is the only permissible ID
• A $20 funding fee to be received from another Wise user

Provided you have all the above requirements at your disposal, you can proceed to the Wise account creation through the steps below:

• Head over to the official website of Wise using the link here. You can alternatively use a referral link like the one here for the sign up. If you’d like to go with the preceding referral link, the steps below may prove useful for your Wise account creation
• Choose the personal account option, and provide your email address
• Supply your phone number –Ensure it’s an active and available phone number so that you can access the verification code that will be sent to it
• Once you receive this verification code, input the code as required
• At this juncture, you’re believed to have created a Wise account. What you should do next is email verification
• To do email verification, you’ll have to explore your account settings, and then select the email verificationoption
• Wait to receive an email with a confirmation link. You should check your email inbox to see if you’ve been sent this
• Subsequently, you should click the home page, and then select the “get started” option
• If you’re provided with a form to complete, do as required

Funding Your Wise Account in Nigeria

Despite that use of Wise in Nigeria comes with restrictions, it’s possible for you to fund your Wise account in Nigeria.

Wise places restrictions on Nigerian cards (i.e. cards issued in Nigeria), thereby making it difficult for some Nigerians to fund their Wise accounts. Inasmuch as funding is necessary for you to activate your newly created Wise account in Nigeria, it’s up to you to seek an alternative funding method.

We hereby recommend that you find a way of funding the new (Wise) account through receiving $20 from another Wise account.

Final word

Wise is an expeditious fund transfer service with a user base that diversely comprises freelancers, travelers, immigrants, individuals, and organizations. It is one of the best cross-border fund transfer services out there.

We hope that with the information in this post, we’ve thoroughly guided you through the steps for creating and activating a Wise account in Nigeria.