EMI for Colombians

[ivanD20]

Advising a nursing home in Colombia how they can market themselves in USA. Wise is no go. Can receive Usd but not transfer back to local bank accounts. Could ach to brokerage (interactive br) then do swift but complicated setup. Any solutions?

 

[Martin Everson]

Any reason why an EMI?

Why not just us a bank like ItalBank in Puerto Rico? They come with US ABA code.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[JackAlabama]

ivanD20 said:
Advising a nursing home in Colombia how they can market themselves in USA. Wise is no go. Can receive Usd but not transfer back to local bank accounts. Could ach to brokerage (interactive br) then do swift but complicated setup. Any solutions?
Click to expand...

Bitcoin with Lightning, maybe with the Strike app? Strike - A more connected world
Maybe it is available in Colombia as well. It is in US.

 

[ivanD20]

Thanks for the suggestion. I was thinking along those lines. I already have a strike account, though I have not used it in about 9 months.

I'll look into Strike and post my findings to this board for others.

Martin Everson said:
Any reason why an EMI?

Why not just us a bank like ItalBank in Puerto Rico? They come with US ABA code.
Click to expand...

Martin, Thanks for the tip. Looks promising. This would definitely be the way to go if they allow the debit card to be used in Colombia or allow SWIFT transfers out. I'll contact them tomorrow.

Last edited: May 17, 2022

 

[JackAlabama]

ivanD20 said:
Thanks for the suggestion. I was thinking along those lines. I already have a strike account, though I have not used it in about 9 months.

I'll look into Strike and post my findings to this board for others.


Martin, Thanks for the tip. Looks promising. This would definitely be the way to go if they allow the debit card to be used in Colombia or allow SWIFT transfers out. I'll contact them tomorrow.
Click to expand...

Cool. I follow Strike but sadly it is not available for me.

Or setup a US LLC for which you can get a bank acc in USA? Your nursing home owns the US LLC and you may or may not remit the funds needed back to Colombia.

 

[SoNewToAllShit]

what about Stripe Atlas it may work for you?