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Electronic Funds Transfer Business Account Overseas from the UK

Topics relating to managing people and relationships

Eholic

Contributor
User Power
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30%
Apr 6, 2020
83
25
United Kingdom
Hello,

I am looking to open a business account overseas from the United Kingdom.

I would like that business account to accommodate the following:

- Electronic Funds Transfer (Receive and send funds internationally)
- Particularly Be able to send and receive USD from and to the United States.

And also to be provided with the following:

- ABA Routing number
- Account number
- Lockbox number (not mandatory)

Which overseas banks or digital banks will accommodate the above?

I looking forward to your assistance.

Thank you in advance.
 
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Kid

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Mar 1, 2016
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What is the reason you want to do that?
 

ph0enix

New Contributor
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100%
Apr 19, 2020
9
9
UK
I'd suggest looking at a range of services, particularly fees and their exchange rates. But I've used TransferWise (Borderless Account), and am happy with it (I'm in the UK and have TransferWise GBP and USD accounts). There's also Payoneer, and World First.
For just international money transfers: Xe Money Transfer. Ofx.
 

Eholic

Contributor
User Power
Value/Post Ratio
30%
Apr 6, 2020
83
25
United Kingdom
I'd suggest looking at a range of services, particularly fees and their exchange rates. But I've used TransferWise (Borderless Account), and am happy with it (I'm in the UK and have TransferWise GBP and USD accounts). There's also Payoneer, and World First.
For just international money transfers: Xe Money Transfer. Ofx.
TransferWise is great and they do have what I want but the only issue with them is that they don't accept funds from the United States. which is exactly what I am after. I even have a TransferWise Business Card. How can I activate my ABA routing number and account number in my transferwise account?
 
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ph0enix

New Contributor
User Power
Value/Post Ratio
100%
Apr 19, 2020
9
9
UK
How can I activate my ABA routing number and account number in my transferwise account?
I've only used it for transferring USD and GBP. Maybe try contacting their support - they're usually pretty responsive.
 

Eholic

Contributor
User Power
Value/Post Ratio
30%
Apr 6, 2020
83
25
United Kingdom
I've only used it for transferring USD and GBP. Maybe try contacting their support - they're usually pretty responsive.

Yess I just send them an email and realised they have a chat but missed them by an hour. I really hope I am wrong about them being unable to receive funds from the United States, everything is falling into place, I just got my hands on the details I needed and hopefully it works :(
 

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