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by jsty 2260 days ago
It may also be worth looking into whether you can open a Foreign Currency account with a bank where you're incorporated which is probably a lot simpler than opening one cross-border.

E.g. in the UK, Barclays offer these for a range of currencies:

https://www.barclays.co.uk/business-banking/business-abroad/...

1 comments

Thanks, I can open an USD account, but then I need to pay fees for it and the currency exchange rate is not as good as TransferWise's rate.
Retail exchange rates are never good but talk to your bank. If you have enough volume to do they may allow you access to their own trading desk for a much better rate.