Most efficient way to spend business money

[psvunited]

Currently got Wise as main for my US LLC. Unfortunately Wise doesn't provide any virtual creditcards. I prefer no to transfer it to my personal Wiss account.

What is the most fee efficient way to spend EUR?

Airwallester unfortunately requires a notarized document to open an account.

 

[daniels27]

How about a debit card?
https://wise.com/br/business/card

 

[Marzio]

How about a debit card?
https://wise.com/br/business/card

Wise doesn't offer debit cards for US business accounts

 

[CryptoKnight]

Spending for what? For business expenses? For investment? Or are you talking about personal spending? Need some more information here to be able to help out.

For business spending just open another account with another EMI that does offer a card and make a simple transfer. Another option is to open a new company in another jurisdiction and make that company a member of the LLC and distribute dividends to it. But like I said, need more information to be able to help.

 

[daniels27]

Maybe check with @yngmind and open a Chase account then?

Or here

Thread 'I tried opening a US business account in 18 EMIs, here's the result'

Mar 9, 2024

I have a US LLC, am non-resident in the US, and signed up to 18 different EMIs.

This is the result after a week:

1. 3S Money - Asked for $20 to process my application + it charges $100 a month for having the account open
2. Airwallex - Approved
3. Brex - Rejected because I have no venture capital (startup focused apparently)
4. Currenxie - Doesn't offer services to US businesses
5. Juni.co - Doesn't offer services to US businesses
6. Mercury - Application still pending
7. Novel - Application still pending
8. Payoneer - Wants the withdrawal account to be in the LLCs name (no point...

• Belfort
• emi
• Replies: 129
• Forum: Offshore Bank & EMI Accounts

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