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HiFX for paying suppliers..
 

One of my suppliers informed me that a lot of their customers use HiFX when sending payments to them.

Good exchange rates and reduced fees it seems.

Decided to set-up an account however they're wanted all sorts of info inc links to the items I'm selling which is going to be difficult as names etc won't match up - This is probably because I decided to open a business account opposed to personal.

Does anyone use HiFX or anything similar to help reduce hassle/fees?

Any info would be appreciated.

Re: HiFX for paying suppliers..
 

Is there any chance you can tell them that you sell offline, so there are no links to show them?

I have never heard of HiFX - is it only in the UK?

Re: HiFX for paying suppliers..
 

That's probably what I should have said, too late to change my story now I think. I've said I currently have nothing for sale, see what happens.

No I believe it is international.

Re: HiFX for paying suppliers..
 

Do a lot of homework on companies that cannot be vouched for. Always start sending small payments, it's the same as when dealing with any suppliers.

Re: HiFX for paying suppliers..
 

I don't use it but maybe start as personal to test OP

Re: HiFX for paying suppliers..
 

HiFX are very good, we use them for all international payments. Decent rates and they will get money to your suppliers fast