Transfers from different countries
We recently met users from Europe.
Wanted a long term remote hand contract that we have in Japan.
But they want to make cross-border transfers.
Belgium-Japan.
But the bad banking system in Japan makes the transfer very complicated.
Any recommendations? Such as transit measures, or international banks.
Comments
Look into currency providers and neo banks like Wise, Revolut, Bvnk, WorldFirst, Transfermate, OFX, Currenxie, and Airwallex.
Depending a bit on the exact nature of the transfer, you might be able to receive EUR via SEPA (regional payment network in EU) and then flip it for JPY and receive in Japan. Usually faster and cheaper than sending traditional bank wires via SWIFT.