Can I use TransferWise to receive payments from a business?
Yes, you can use TransferWise to receive payments from a business. TransferWise offers a multi-currency account, which allows you to receive payments in various currencies from businesses all over the world. You will have access to local bank details in various countries including the US, UK, Europe, Australia, and New Zealand, allowing businesses to send money to you as if it were a local bank transfer. This means you can receive payments quickly and avoid expensive international transfer fees. Moreover, with TransferWise, you can hold and manage multiple currencies in one account, making it convenient to receive payments in different currencies, and easily convert and transfer funds whenever necessary. TransferWise is a reliable and cost-effective solution for businesses looking to receive payments from around the globe.
Answered Nov 1, 2023
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