To receive payouts for Shopify Payments (UK), the store owner will need to connect an account that:
Based on the information I can find about Transferwise, it would not be an eligible institution for receiving payments from Shopify Payments. In this case, you will want to look into a few local banks that meet the criteria above if you're hoping to use Shopify Payments within your store.
For future reference, I would also recommend browsing our United Kingdom dedicated forum posts here. These threads would be a great way to connect with other UK based merchants, along with finding resources more geared towards your location.