Hey folks,
Recently opened a US LLC as a single-member non-resident/non-citizen of the USA. I was successful in opening a bank account. The business bank is great for sending ACH, but I do not believe it is very effective in sending international remittance. I have not yet experimented, but I assume the transfer cost + currency exchange would easily cost upwards of 3-5%. This is fairly substantial, as I am looking to send transactions of $10,000+ at a time.
I was hoping to get...
Non-Resident US LLC - International Remittance Options
Recently opened a US LLC as a single-member non-resident/non-citizen of the USA. I was successful in opening a bank account. The business bank is great for sending ACH, but I do not believe it is very effective in sending international remittance. I have not yet experimented, but I assume the transfer cost + currency exchange would easily cost upwards of 3-5%. This is fairly substantial, as I am looking to send transactions of $10,000+ at a time.
I was hoping to get...
Non-Resident US LLC - International Remittance Options