Has anyone been able to link their Square reader to their Wise (formerly Transfer Wise) account? I'm trying to find a way to do business in the UK, but opening a bank account without thousands of pounds for an initial deposit is impossible. I can open a Pounds Sterling Wise account with very little money and I am wondering if Square recognizes these virtual bank accounts as legitimate bank accounts.
Have you checked our bank account troubleshooting page yet, @RaymondBolton?
Square must be able to credit and debit money to and from your account, in case of chargebacks or refunds.
Most of these virtual bank accounts do not allow funds to be debited - I'd recommend looking into that next!
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