vga256, 11 days ago

@heydon I have used Wise.com to deal with global payments like this. The interface sucks, but the transfer fees are incredibly reasonable.

sturobson, 12 days ago

@heydon fortunately not had to so far, but when I nearly did at Monotype I was highly recommended Transferwise, now Wise. 🙏🖤

sophie, 12 days ago

@sturobson @heydon another thumbs up for Wise for being paid internationally!

aral, 12 days ago

@heydon If you do end up switching, I can highly recommend Wise.

robb, 12 days ago

@heydon I use Wise.com to receive dollars from an American client and it works very well. Fees are really low as well.

(This referral link will give you no fees for the first £500: https://wise.com/invite/dic/robertl1550)

threedaymonk, 12 days ago

@heydon I had lined up Wise (ex Transferwise) for this purpose - they offer business accounts - but haven't needed to use it as my US client was able to figure out GBP transfers to my Starling account.

Edent, 12 days ago

@threedaymonk @heydon
I set up Wise. Then used them to convert and transfer to Starling.

I'm told that some American banks can convert to £ before they send, but seems to be a bit niche/unreliable.

Payoneer is another alternative. I'm trying that out for one client.

heydon, 12 days ago

@Edent @threedaymonk Thanks, Terence. So you can get wise to automatically transfer, upon receipt?

Edent, 12 days ago

@heydon @threedaymonk
Not quite. You can schedule a transfer in advance. You can also auto-convert once your preferred exchange rate is hit.

I get a notification I've been paid, then hit a few buttons in the app to convert and move to my preferred account.