No, you do not need a Wise account to receive money in your bank account from someone using Wise. Here’s how it works:

Direct Bank Transfers: If the sender uses Wise to transfer money to your bank account, they only need your bank details (such as account number and sort code or IBAN), not your Wise account.

No Account Setup Required: You can receive the funds directly in your local bank account, in your local currency, without having to create a Wise account.

Wise as an Intermediary: Wise acts as the intermediary to convert and transfer the funds, but the receiver does not need to be a Wise customer. They only need a bank account capable of receiving international transfers.