Upon entering The U.S. MarketPlaces, our customers are looking for another financial decision.

There are MarketPlaces like Amazon where our usual bank account is sufficient to receive payments. However, it is a market that presents other forms of payments that need to be studied.

ACH is an electronic monetary network for payment processing between two financial organizations, but only transfers funds in the United States.

SWIFT is an international money transfer network used by various financial institutions and banking sectors around the world to send money safely and quickly from one bank account to another. Via SWIFT you can send funds from one bank to another without any kind of cross-border limitations.

While ACH transfers are not as fast as SWIFT transfers, they are still much cheaper and are almost always free for those who receive them.Financial institutions and banks charge fees to transfer payments via SWIFT internationally and are often expensive for both parties.

Once again we are asked for help on how to proceed, whether we opt for Traditional Banking or if we suggest some Fintech!

In Traditional Banking in addition to the costs of opening an account in this format, bureaucracy would be a lot and we would lose a lot of days just to operationalize the process of reciquementos in these MarketPlaces.

Wise was not our solution for Poland (where we opted for the Revolut), but it has now gone to the US. We were able to create an account in USD and with local data in a few hours and at a cost of only 25€

Both Wise and Revolut it is possible to have an ATM card to be able to make withdrawals at any cashier.