Company Profiles

Spotlight on World First Receiving Accounts

By Alex Knight

Save time and money on your cross-border sales with this easy-to-use service for online sellers.

Spotlight on World First Receiving Accounts
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Felix

I have question about the following: “The proceeds remain in the currency of sale, until you decide to transfer them into your home currency.” So is it not possible to transfer funds in the currency of sale? Must currency exchange take place? I am using Payoneer and the issue I am having is that there is no way to transfer funds back to my country without currency exchange. I do much prefer to have funds transferred in original currency (US dollars for me) so I won’t lose out on currency exchange TWICE. I say twice because funds received funds will… Read more »

Sam Milton

Replying to Felix

Hi Felix,

Thanks for reading and thanks for your comment!

In answer to your question – yes we would be able to leave the funds in USD and send them back to your USD bank account for you. This is not a problem.

Hopefully this has helped and if you have any questions do not hesitate to contact us!

Best,
Sam.

Felix

Replying to Sam Milton

Thanks for responding Sam. If currency exchange is the way you make profit as mentioned in this article, how do you benefit from transferring funds without currency conversion?

Sam Milton

Replying to Felix

Not an issue Felix. We do have a charge for same currency transfers, it may be best to discuss this via email/phone call. You are more than welcome to email me at [email protected] in order to discuss this in a touch more detail!

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