TransferWise

TransferWise to TransferWise payments were added to Bisq in v1.5.0.

TransferWise is a web and app based online money transfer service the supports multiple currencies. TransferWise to TransferWise payments allow users to send payment from any supported currency to any other supported currency. Payments utlize the TransferWise multi-currency account. This is available for users in most countries.

Setting up a TransferWise Account

Setting up an account. Go to TransferWise and register for an account. KYC will be required.

Setting up a TransferWise Account in Bisq

Go to the Account section > National Currency Accounts in Bisq and select the 'Add New Account'.

Enter your email address that is registered to TransferWise and the currencies you would like to be able to make/take offers with.

Getting your account ready for trading on Bisq

You can set up your account on the App or on the web site. Screen shots are from the website.

On the left click 'open a balance'. Choose the currency you would like to trade in and select Confirm. You can add as many currencies as you wish.

The following currencies all come with local bank details as part of your TransferWise account (may differ depending on locations):

• AUD
• EUR
• GBP
• NZD
• RON
• SGD
• USD

If you are selling Bitcoin on Bisq these accounts are useful as they allow you to trade with those currencies as they give you a recipient bank account that can be used to receive funds from the Buyer of Bitcoin

Click on recipients. This is where you set up where you want the money paid to.

Click 'Add your bank account' and enter your bank account details (these can be your own bank details, or they can be the TransferWise local bank account details you have created).

Once added click the down arrow next to the account and select 'make primary'. This means when someone pays you via TransferWise to TransferWise it will go into your primary bank account.

NB: You need to have a primary bank account set up for each currency you wish to receive funds to on TransferWise. If you do not have a payment account set up the trader might not be able to send payment to you. If they are able payment will appear in your TransferWise balance for this currency.