TransferWise Account Deactivated? Reasons And Solutions (2023) – Izzyaccess

It can be very frustrating and disturbing when your TransferWise account is deactivated especially when there is an urgent need for it. So why is my TransferWise account closed?

TransferWise Account Recovery

It is important to know that there is always a reason why your TransferWise account is closed. However, you can always appeal for your account closure. After you have successfully submitted your appeal, TransferWise Customer Support will review your issue and may eventually restore or reactivate your TransferWise account. This will help in your TransferWise account recovery.

3 Reasons for Account Deactivation.

TransferWise reactivate account, they do not reveal why your TransferWise account is deactivated. But from the experience gathered from many issues solve, we were able to bring together some of the common reasons for your TransferWise account deactivation. They include:

1. There may be an issue related to the security of your account – Your Transferwise Account security may have been compromised.

2. There may be another duplicate of your account. TransferWise only allow you to have one account.

3. There may also be some existing transactions on your account that cannot be completed.

If you have pending transactions, payments or balances, they will all be cancelled. And if you have already sent out money and received by TransferWise, they will refund it. To get TransferWise refunds by card, it may take up to 10 working days. Whereas, bank debit refunds on TransferWise may take up to 90 working days.

Your money and information is and will always remain safe. And before your remaining balance is sent to you, TransferWise will ensure proper verification as necessary.