Paymentearth’s Virtuwallet with IBAN has landed!June 29, 2020
We are excited to announce our Virtuwallet—a holding account for business customers that paves the way for faster transfers and instant netting in currencies you choose.
By offering a virtual IBAN that supports up to 28 different currencies, this product makes receiving payments from your customers and suppliers as easy as providing them just one account number! Upon receipt of your funds, you can:
• Easily convert to another available currency
• Convert back to US dollars to transfer to your US accounts
• Hold in Virtuwallet to net against future payables
By offering a virtual wallet, Paymentearth paves the way for instant payments, and a smoother and more seamless foreign exchange transaction.
All conversions still fall under the same fixed margins you’ve become accustomed to at Paymentearth! Contact your representative and let us show how this can work for you!
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Our Clients are Thrilled
We used to use three FX companies in order to keep the rate reasonable. With Paymentearth, they walked us through how to calculate the exact spread we get on every deal! A big time saver and a great way to do business!
My guy at Paymentearth took the time to explain how Forward Contracts work, and how they can help my business. My bank never gave me half the attention of Paymentearth.
Paymentearth makes uploading an excel file of all my monthly payments very easy! I upload it on their site and I’m able to print a confirmation in minutes! When we combine this with transparency and knowing our exact spread, it is a no brainer!
It’s not often that we need foreign cash, but it’s very convenient to order what we need from Paymentearth, and have one less thing to worry about before the trip.
There is a big move toward transparency in FX, but then it can be impossible to actually talk to a real person. With Paymentearth, they analyzed my business, gave me a fixed rate, and I can call them anytime. Frankly, they’re just straight-up, and I appreciate that.
Almost any bank can help get a wire out, if that’s all you need. Paymentearth goes above and beyond for us though, and for a small business like ours, it makes a big difference to get such expert service. Of course, the rates are good too!
In my experience, banks are only willing to bend over backward if you’re a giant company. I’ve never felt that with Paymentearth. These guys are upfront, they’re knowledgeable, and they genuinely seem to value my business. It’s actually a pretty good feeling.