Transferwise account number

[sueyh]

Do I need to put my transferwise account on the 3916? If so where do I find the account number on the website? Sorry having a thick moment!

[Kong]

If you use Wise (Transferwise) soley for currency exchange you don't need to declare it on 3916, If you use it as bank then probably do need to..

[mint]

I have declared my Currency Fair account, putting "autres" when it asks what kind of account.  I used the number that is for Barclays as that is CF's clearing bank.

Just thought I'd give them absolutely everything so that I could forget about the damn déclaration for another year.

[pomme]

The downside of not declaring could be expensive.

Declare it in some way (e.g. just your name in the account details if you don't have any other identifier) and you shouldn't need to worry about it any more.

[Weegie]

If you are using it merely for money exchange and transfer then I would look on it as any other purchase (your buying euros) and wouldn't see it as something for 3916.

My view.[:)]

[mint]

OTOH, when there was some fluctuation in the exchange rate, I used to keep a few thousand in my account ready to exchange when the rate is better (not that I have ever guessed when that might be)

There must be a clearing bank for Transferwise because they would have to use a bank in order to change your funds?

[Weegie]

It won't do any harm to put it on the 3916.  Even with money lodged with them I wouldn't see it as a bank account as you are not getting interest on the money.

It was just a point of view.[:)]

Wish I had a few thousand.[:(]

[mint]

Well Weegie, you can equally say that there are no bank deposit accounts that pays you interest?  If inflation is taken into account, aren't we all paying the banks to hang on to and get control of our hard-earned?[:P]

[NormanH]

or inherited, stolen, married into, or acquired fraudulently....