International Bank Transfer - U.S. to U.K.

Discussion in 'International Business' started by Mr. R, Sep 4, 2019.

  1. Mr. R

    Mr. R UKBF Contributor Free Member

    50 2
    Hey!

    Can I bill customers in the U.S. for work I have done?

    i.e. If I send them the details of my UK bank (account number and sort code) on an invoice, will they be able to pay the same way that a normal BACS would work from their (presumably) U.S. based account?

    Is all banking compatible in this way? What are the tax implications? Is the same all over the world?
     
    Posted: Sep 4, 2019 By: Mr. R Member since: Jan 14, 2009
    #1
  2. DontAsk

    DontAsk UKBF Ace Free Member

    1,067 139
    A lot of US banks are still in the Stone age. A US customer tried to pay me by electronic banking and the bank wanted to issue a cheque! It took him 3 months to sort things out. Watch out for charges and conversions fess and who pays them. I have a $ Transferwise account which gives very good exchange rate and no fee.

    Alternatively get them to pay by PayPal if you can stand the fees.
     
    Posted: Sep 4, 2019 By: DontAsk Member since: Jan 7, 2015
    #2