Which EMI accept Swift transfer ?

[Juoffshore]

Hello,

One of my client is freelancer based outside europe in a tax heaven country (he also has an address in France)

He received last month his first incomes from his customers based in EUROPE on in his N26 bank account. Now, he needs to pay his supplier in ASIA.Unfortunatly his supplier's bank account accept only inward transfer via SWIFT.
N26 only allow him to make SEPA payment

Have you got any other solutions ?

Thanks for your help !

 

[Milky Moon]

TransferWise.

 

[Juoffshore]

@Milky Moon the thing is, I want to send euro and my supplier wants to receive euro, I do not want to exchange that amount into another currency

 

[Juoffshore]

TransferWise is a currency conversion service, so does not receive and send out the same currency in a single transfer.

 

[ImKing]

@Milky Moon the thing is, I want to send euro and my supplier wants to receive euro, I do not want to exchange that amount into another currency

mistertango or revolut can be used for this purpose!

 

[Juoffshore]

all right @ImKing thanks ! do you know the difference between the personnal and business account for mistertango ?

 

[ImKing]

I don't know, think it's something about the limits! Not sure if you can void reporting if you open an account for a Belize company with MisterTango?

 

[Juoffshore]

Ok'll check, does not matter about the reporting as my client lives in a tax heaven country

 

[void]

TransferWise is a currency conversion service, so does not receive and send out the same currency in a single transfer.

sure it does

 

[Grigorijs]

Hi.
If I make EUR transfer from my Borderless Account (TransferWise) to other bank account (the same currency) via SWIFT. Who does appear as sender?
What kind of information will be there?
Someone does know this info.

 

[Milky Moon]

TransferWise info will be there, not your personal info. The virtual accounts are mainly for receiving.

 

[ImKing]

yeah it is transferwise information. Have seen it on my bank statement!

 

[Juoffshore]

sure it does

TransferWise Help | Supported Currencies
@void yes but not for euro outside europe

 

[void]

yes but not for euro outside europe

well, it was possible using the "Request Money" function using a trick (you are able to request money from yourself using someone else's payment details and pay in the same currency as requested) - I just checked my account to confirm this is still possible before posting and surprisingly this feature seems to be gone for now (the only thing that has left are Terms of Use in the help section...)

 

[negon]

It's stupid to post loopholes on public forums! however, I hope it has helped people for some time at least.

 

[void]

It's stupid to post loopholes on public forums

yes, but as I said - it's gone