Business bank for international transactions

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Karin Bauer

• September 02, 2022 19:11

I run a small business, which is entirely online, and I send payments to and receive from India for payments, also for buying raw materials, etc. I will need a business bank account and now the business is growing, and I have to stop using my personal account and using 3rd party money transfer services for payments.

What business bank accounts are good for international transactions, such as by ACH or wire (wire is pricey so that will be very seldom)? 

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  Kim L

  • September 11, 2022 16:05

  Hi Karin - thanks for your post!

  While we don't have a resource to answer your specific question, this page: https://www.nerdwallet.com/best/small-business/best-business-bank-accounts has a list of business bank accounts that offer features that might be helpful,  like debit cards with no foreign transaction fees, refunds of ATM fees worldwide, and free international wire transfers.

  If there are any other posters who have recommendations, please share them below! 

  Good luck on your search! 

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