Questions

Hi there, I have a UK-registered company with a 7-figure turnover. We run multiple E-Commerce websites and our main marketing us the USA. We use PayPal and Stripe to process payments in USD. We have linked TransferWise to our Stripe account in order to receive USD deposits, but we recently hit TransferWise's annual USD receiving limit. We are now in a position where we need to find an alternative to TransferWise to receive USD payouts from Stripe. We have tried Payoneer (which works fine), however Payoneer has a daily sending limit of 25,000 USD per day. This limit does not work for us as we have suppliers to pay - whose invoices can be multiple six figures in busy periods. We are looking for a banking solution where we can open a US account/balance, and add it to our Stripe account so we can receive payouts in USD. We do not want to convert it to GBP.

Happy New Year (2020) !

As far as I am aware : (Both) PayPal and Stripe still have Multiple Currency Options ; most especially for Verified Business Accounts.

If you are experiencing problems , in this regard , then kindly contact the Customer Support Units of the Aforementioned Corporations.

Sincerely ,

Professor Obi


Answered a year ago

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