US Banking options - I'm confused

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speedster

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Nov 11, 2019
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I managed to obtain a TW business account that accepts USD payments. All good and well, except I can't figure out how clients will make payment to this account.

In my home country online payments between bank accounts are the norm, as it seems are SEPA type payments in Europe. Is there any sort of equivalent in the US? I see there is a domestic wire option on most accounts, but this is inordinately expensive (about $25 a pop). Surely I'm missing a much easier way to make payments over there?
 
TW USD accounts use the ACH system, its only for receiving money in US. For the rest I use the EUR Sepa account

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Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams
 
GiGoGo said:
TW USD accounts use the ACH system, its only for receiving money in US. For the rest I use the EUR Sepa account
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My brother has a traditional bank account in the US (with RBC) and needs to pay some funds to me. How would he get those funds to my TransferWise?
 
Provide
Bank Code (Swift / Bic)
Routing Number (Ach / Aba)
Account Number
Account Holder
Address

It's all on the Borderless account details

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Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams
 
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