Receiving payment from and sending money via Visadirect or other techniques- best company or setup?

[deraty]

Hi.

I want to tranfer money through Visa direct back and forth. (Receiving and paying).

I have a Turkish card from a provider (e.g. Uption card) which I was able to send money with visa direct to my broker ICMarkets for free.

I asked Uption if I can receive money Visa direct to my debit card. Expecting their response.

My main aim is to send and receive USD back and forth.

For Eur - GBP I can transfer it with a SEPA account provided by a third pary service offered in my country. But converting it from USD costs around 1%.

I want it to be cost to be efficient.

I can not use Revolut, Wise or similer types of payment providers becuase if they send in USD they convert it to my countries currency (TRY) - I want USD transfer back and forth (I need to have USD in my hands all the time)

There is a great service called paysend for Visa direct - but when I want to get paid from my swiss bank (Swissquote) - They ask a Swiss phone number which I do not have. Is there an easy, riskless and low cost of having Switzerland phone number?

My bank Swissquote has SEPA capabilities. But converting to Euro I lose 1% upfront - so I do not prefer.

Swissquote has Visa direct deposit solution. But they do not have withdrawing capability.

What can I do about that? Is there any reliable service that I can benefit from? Whether with using Swisswquote or not.

Thank you.

 

[daniels27]

I want to tranfer money through Visa direct back and forth. (Receiving and paying).

This is mainly popular in a couple of CIS countries and neighbouring ones. In most other countries, there is no such thing and debiting / crediting entails costs in the order of 3%.

I can not use Revolut, Wise or similer types of payment providers becuase if they send in USD they convert it to my countries currency (TRY) - I want USD transfer back and forth (I need to have USD in my hands all the time)

The best would be to get a USD account in Türkyie. I think there are many banks that offer this, HSBC I know for sure. You can then do a SWIFT transfer to your USD account. The fees will be about 25 USD flat:
https://www.swissquote.com/en-ch/private/bank/pricing/payment-fees

 

[deraty]

Hi Daniels27.

Your response was blank as you can see. (If I am not wrong.) Was there an error?

 

[daniels27]

Hi Daniels27.

Your response was blank as you can see. (If I am not wrong.) Was there an error?

Hit Ctrl+Enter too fast. Edited it. Sorry about this.

 

[deraty]

Thank you Daniels. But 25 USD is too much for a 1K USD transfer. (around 2,5%)