Have you ever wished you had access to affordable banking solutions across borders? As a Yondaa client, you now have a new option to manage your money around the world. We’ve partnered with Wise, an international money transfer service, to provide you multi-currency accounts and transfer options in over 160 countries. With Wise, you’ll save on fees for sending and receiving money internationally and lock in great exchange rates when transferring large amounts between accounts.
Deposit cash in one currency and spend it in another with their prepaid debit card available in 40 currencies. Interested in global business opportunities? Wise for business provides international bank details in major currencies to smooth the way for cross-border payments. Going global just got a whole lot easier for Yondaa clients.
Introducing Wise Banking for Yondaa Clients
International Banking Made Easy
As a Yondaa client, you now have access to Wise, an innovative financial service that allows you to hold and transfer money in over 40 currencies at low cost. With Wise, you can skip expensive bank wire transfers and simply move your money with a few taps on your phone.
Wise offers competitive exchange rates and low, transparent fees so you keep more of your money. You can hold balances in multiple currencies, set up recurring transfers, and spend globally with a Wise debit card. For your business, Wise has an international account option with features like mass payouts, expense management, and interest on account balances.
Say you have suppliers in Europe and clients in Australia. With Wise, you can pay suppliers in Euros, bill clients in Australian dollars and keep U.S. dollars in your account. Exchange between currencies at any time with their real exchange rate. Since Wise cuts out the middlemen, you get the best possible rate on every transaction.
Wise keeps money moving. Funds arrive fast, with the average transfer completed in just 3 clicks and less than 4 seconds. Wise also has 24/7 customer support across all regions in case you have any questions about your international transfers or payments.
Go global with confidence using Wise. Their secure, regulated service has handled over $7 billion in transfers for over 10 million customers. Join them today at wise.com or through your Yondaa account to start saving, spending and sending money across borders with ease. The world of international finance is open – go get your share!
The Benefits of Wise for Multi-Currency Banking
Now that Yondaa clients have access to Wise, you will have a powerful tool for managing your international business finances. With Wise, you get:
Low Fees
Wise charges low flat fees for international transfers, with no hidden charges. Compare that to traditional banks that can charge high fees and unfavorable exchange rates. Wise cuts out the middlemen so you get the real exchange rate.
Fast Transfers
Wage payments and supplier payments will reach recipients quickly, often within a matter of hours. With Wise, your money moves at the speed of the internet, not the speed of the legacy banking system.
24/7 Service
Wise’s service runs 24 hours a day, 7 days a week. You have control and visibility over your transfers around the clock via the Wise website or mobile app. Support is also available 24/7 in case you have any questions.
Multi-Currency Accounts
Open accounts in over 40 currencies including USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY, CNY and more. Hold, send and receive money in multiple currencies, and easily convert between currencies at any time.
Interest
Funds in your Wise accounts can earn interest, so your money works for you even when it’s not being transferred. Interest rates vary by currency but are generally higher than big banks offer.
With low-cost global money transfers, fast transaction speeds, 24/7 access and multi-currency accounts, Wise provides an affordable, convenient solution for your international business banking needs. Join other Yondaa clients already saving time and money with this innovative service.
How to Get Started with Wise as a Yondaa Client
As a Yondaa client, you now have access to Wise, an innovative fintech company that provides multi-currency banking services. To get started, follow these simple steps:
Incorporate a U.S. Business with Yondaa
The first step is the incorporation of a U.S. business with Yondaa which will allow you to establish your U.S. company, obtain a U.S. business address and an EIN tax ID from the IRS.
Create an account
Head to wise.com and sign up for a free business account. You’ll need to provide some basic info like your name, address, and a government ID.
Add money
Fund your Wise account through a bank transfer, debit/credit card, or wire transfer. Money you deposit is held in a segregated client fund, so it’s secure yet easily accessible. You can hold balances in over 40 currencies like USD, EUR, GBP, CAD, and AUD.
Send money
Wise offers low-cost international money transfers to over 160 countries. You get transparent fees and the real exchange rate with no hidden markups. Simply enter the recipient’s details and the amount/currency you want to send. Most transfers are completed within 1-2 business days.
Spend with a debit card
Request a free Wise debit card to spend your money worldwide. It works just like a regular bank card but pulls right from your multi-currency account so you get the real exchange rate every time you make a purchase. Use it at ATMs or merchants anywhere Mastercard is accepted.
Earn interest
Any money you hold in your Wise account earns interest, paid out monthly. Rates vary depending on the currency but are generally higher than most traditional banks. Interest is calculated daily and paid monthly so your money is always working for you.
Go global
For frequent international transactions, consider the Wise business account. You get additional features like mass payouts, FX risk management tools, and a dedicated account manager.
Opening a Wise account gives Yondaa clients a powerful new way to bank, spend, and send money across borders. Reach out to your Yondaa contact or Wise directly if you have any other questions. Happy banking!
Frequently Asked Questions About Wise for Yondaa Clients
Now that Yondaa clients have access to Wise, you probably have some questions about how it works. Here are the answers to some frequently asked questions:
What currencies can I hold in my Wise account?
With Wise, you can hold over 40 major currencies like USD, EUR, GBP, CAD, and AUD as well as many more. This allows you to send and receive money from almost anywhere in the world without worrying about exchange rates.
How do I add money to my Wise account?
It’s easy to add funds to your Wise account. You can:
Link your bank account for free ACH transfers
Wire money directly from your bank
Load funds with a debit card
Have friends or family send you money which you can hold in your Wise balance
Funds are usually available within 1-2 business days. You can also hold balances in multiple currencies at once.
What are the fees for using Wise?
Wise keeps fees low by using the real exchange rate and charging a small transparent fee for transfers. Fees range from 0.35% to 2.85% of the transaction amount depending on the currency. There are no monthly account fees, inactivity fees or hidden charges. Wise makes money by collecting a small margin on the exchange rate.
Wise’s low-cost fees and ability to lock in exchange rates mean significant savings for Yondaa clients doing frequent international transfers or holding money in multiple currencies. You get access to banking services without the traditional banking fees.
How do I access my money?
You have a few options to access your funds held in Wise:
Transfer to your bank account
Spend with the Wise debit card
Exchange to different currencies
Pay friends or merchants directly
Transfers to your bank usually take 1-2 business days. The Wise debit card allows you to spend your balance anywhere Mastercard is accepted with no ATM fees.
Does this help explain Wise and how it works for Yondaa clients? Let me know if you have any other questions. I’m happy to provide more details about this useful global banking solution.
The Future of Multi-Currency Banking with Wise and Yondaa
The partnership between Yondaa and Wise means big things for the future of global banking. With Wise, you will have access to multi-currency accounts that make sending, spending, and receiving money internationally a breeze.
Low-Cost Transfers
Forget about exorbitant bank wire fees. Wise offers ultra-low-cost transfers to over 160 countries with guaranteed exchange rates. You can transfer between currencies instantly with their multi-currency account and card.
Global Access
Do business on a global scale with accounts in 40 different currencies. Your funds will be accessible worldwide through the Wise debit card or their banking partners. No more hassle of maintaining accounts in different countries or paying costly conversion fees when traveling.
Interest on Balances
Wise actually pays you interest on money you deposit, unlike most traditional banks. They are able to pass savings onto customers with their low-overhead business model. While rates may be lower than a high-yield savings account, every bit helps.
Future Integrations
Wise and Yondaa will continue to build out additional features to simplify global banking for clients. Things like:
Direct integrations into accounting software for automatic syncing and categorization of transactions.
Expanded currency options as Wise adds more countries and banking partners.
Improved interest rates as Wise’s business continues to scale.
Additional account types for businesses like escrow services, billing accounts, and more.
The future of global banking is digital, and the Wise and Yondaa partnership is helping make that future a reality. Access your multi-currency Wise account today through Yondaa and say goodbye to costly international transactions. The world is open for business!
Conclusion
So there you have it, as a Yondaa client you now have a powerful new tool at your disposal to manage your business finances across borders. With Wise, you’ve gained access to cheap, fast international money transfers in dozens of currencies. No more getting slapped with outrageous bank fees or waiting days for funds to clear. You’re free to pay suppliers, get paid by customers, and move money wherever you need, whenever you need.
Running an international business just got a whole lot easier. Go ahead, feel empowered to think bigger and reach further. With Wise as your trusted financial partner, the world is open for business. Questions? – Contact us at contact@yondaa.com
