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3 weeks sounds great. I got 3 days for the same. Also spent most of this month scrambling to set up alternatives to make payroll. See [0]. They ore still holdi
by ritzaco 3y ago
3 weeks sounds great. I got 3 days for the same. Also spent most of this month scrambling to set up alternatives to make payroll.
See [0]. They ore still holding $40k hostage and returned or blocked an entire months revenue. Definitely enough to kill many agencies and would have killed us in our earlier stages.
I have now tried Revolut, Airwallex, Payoneer, Bunq, OFX, and a few other alternatives. I am planning on doing a massive writeup comparing then all sometime soon.
[0] https://news.ycombinator.com/item?id=37925678 https://news.ycombinator.com/item?id=37925678
- chx 3y agoYeah it took them 16 days to unblock the Austrian company. As I said, that was fun. We had insane luck because my brother and I are operating an entire international network of small companies (mostly because you can't employ people otherwise and staffing agencies are too expensive) so we could pull money from another company to Austria temporarily but gosh.
- jddj 3y agoYikes. I've had nothing but good experiences, but this has been enough for me to reconsider our exposure.
- deleted 3y ago[deleted]
- xtiansimon 3y agoDidn’t know there was a financial company named after the financial data exchange standard OFX. Weird https://en.wikipedia.org/wiki/Open_Financial_Exchange https://en.wikipedia.org/wiki/Open_Financial_Exchange