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- - What virtual bank do you use for international sales? (https://www.aspkin.com/forums/amazon/132368-what-virtual-bank-do-you-use-international-sales.html)

Canadianleaf

12-28-2019 12:56 AM

What virtual bank do you use for international sales?

IE: Sales outside your country.

Do you use Payoneer? Worldfirst? Pingpong? OFX?

Which do you find the best and provides the best rates?

slokor

12-28-2019 02:08 AM

Re: What virtual bank do you use for international sales?

All of them are problematic when it comes to deposits from mismatching names.
If youre in Canada its quite easy to open normal US based bank accounts.

Canadianleaf

12-28-2019 03:06 AM

Re: What virtual bank do you use for international sales?

Quote:

Originally Posted by slokor (Post 1057854)

All of them are problematic when it comes to deposits from mismatching names.
If youre in Canada its quite easy to open normal US based bank accounts.

Name mismatch wont be a problem. It will be for an LLC/S-Corp so it will match.

Ill be in the states with sales in Canada. Opening a bank in Canada subjects you to Canadian income taxes. Because of this a virtual bank is necessary. Which ever offers the best rates will be chosen (CAD to USD).

e2free

12-30-2019 12:47 PM

Re: What virtual bank do you use for international sales?

Transferwise is one of best

amazing4

01-13-2020 03:38 PM

Re: What virtual bank do you use for international sales?

I also recommend transferwise! No better!

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