After launching business transfers back in 2016 and listening to customer feedback ever since, TransferWise just (re-)introduced TransferWise for Business to their business customers. Say hello to loads of game-changing features, especially developed to help your business thrive across borders.
TransferWise For Business
- Xero Integration
Track, manage, and sync your finances seamlessly with Xero, a popular SaaS accounting tool.
- Open API
Automate payments, connect business tools, and manage or automate your finances with their API.
- Free Business Mastercard
Pay expenses, set up subscriptions, and spend abroad in multiple currencies with the new debit card. All this with the real exchange rate. Shipping early December (for UK/EEA only).
- Improved Batch Payments
TransferWise added new on-screen errors, template instructions, and an option to review your transfers before finalising them.
- Send USD To Non-US Accounts
Businesses are now able to send US dollars to accounts worldwide, e.g. to suppliers in China and Hong Kong.
- Team Access (Coming Soon)
Due to popular demand, TransferWise are currently testing multi-user access. This will will allow multiple users to manage a single TransferWise for Business account. They’ll roll out this new feature over the next few months.
Note that existing borderless business account holders will automatically be updated to the new and improved TransferWise for Business account.
Register your free account now! You can save quite a lot when sending and receiving money as a business. According to a comparison by a third-party, TransferWise is up to 14x cheaper than PayPal.