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Does Truly Financial integrate with Wise or other international payment services?
Truly Financial is a complete banking and payments service that provides customers with banking, Visa-powered expense cards, and payments. When a Truly Financial customer needs to send a payment to a supplier or service provider, they can do it with their Truly Financial checking account or multi-currency account.
Unlike many other business banking services that depend on third-party payment providers like Wise for all their international payments, Truly Financial handles all international payments (send and receive) via its own proprietary network of worldwide banking partners.
Payments can be sent to accounts in the US, Canada, and several other countries. Truly Financial delivers local payments in the U.S. and Canada via local ACH/EFT as well as Fedwire. All international payments are made using our Express Payment network (50+ countries where we can pay in local currency) and using international SWIFT wire transfer.
Truly Financial also enables you to receive payments in up to 32 currencies with its inbuilt multi-currency account. This means, for example, you can get a European customer to pay you in Euros into the Truly Financial Euro checking account and hold the Euros without converting to USD. Or, you can have customers in Canada pay you in the Truly Financial Canadian checking account without having to convert to U.S. Dollars.