To directly edit a recipient's account details on Wise (formerly TransferWise), you cannot. According to Wise's policy, once a recipient is saved, their banking or account information cannot be changed.
Understanding Recipient Management on Wise
Wise prioritizes security and accuracy in transferring funds. This is why they have a specific process for managing recipient information.
Based on information from Wise, "Once you've saved a recipient, you can't edit their account details, but you can add a nickname for them." This means any saved recipient's bank account number, name on the account, or other critical details are locked once entered and saved.
How to Update Recipient Account Details
Since you cannot edit the existing saved account details, the correct way to update a recipient's information is to remove the old entry and create a new one.
Here are the steps:
- Delete the existing recipient: Go to your saved recipients list in your Wise account. Find the recipient with the outdated information. There should be an option to delete or remove this recipient. Confirm the deletion.
- Add the recipient again: Once the old entry is removed, add the recipient as if they were brand new. Enter all their correct, updated account details precisely.
- Save the new recipient: Save the recipient with the new, accurate information.
This process ensures that every detail is re-entered correctly, reducing the risk of errors in future transfers.
What You Can Edit
While account details are fixed, there is one piece of information you can modify for a saved recipient:
- Add a nickname: You can assign a custom nickname to a saved recipient to make them easier to identify in your list. This is purely for your convenience and does not affect the actual transfer details.
In summary, managing recipient details on Wise involves deleting outdated entries and adding them again with the correct information, as direct editing of account details is not supported.
