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I am US citizen and resident and have Estonia e-Residence Despite all the trouble to get it (fancy packaging though), transferwise (now WISE) as a real bank ac
by vmception 6y ago
I am US citizen and resident and have Estonia e-Residence
Despite all the trouble to get it (fancy packaging though), transferwise (now WISE) as a real bank account is good enough. Not the p2p foreigner venmo system, the banking system. I have euro bank account through that and business banking too, its good enough. There are a lot of kinds of businesses they dont support so just dont say or advertise your business as one of those. The transaction limit is $1,000,000 per transaction, which you can send in quick succession if over that limit
- toomuchtodo 6y agoInsightful comment. Wise is the future, with fintechs providing an interface where you can hold various currencies and plug ins to each country’s payment rails.
- Bluestein 6y agoConcur on Wise. Banking indeed used to be one of the weak spots, getting better ...