Depending on the currency volume you’re better off opening up a cash management account under your LLC, the withdrawal process is much more seamless than wiseHello Everyone! I'm looking to open a bank account for my USA LLC. Is wise a good option to go? I'm not a US resident. I need USA bank account, so I can hold money in that account and save high currency conversion cost.
Wise debit card is not available in my country. If I open account in the name of my USA LLC, would I be able to get a wise card?
What is that? Some kind of account Wise is offering?cash management account
A cash management account is similar to a brokerage account. It’s a hybrid of a checking&brokerage account. CMAs allow you to move money effortlessly national and internationallly and most CMA’s are free to open with no monthly service feeWhat is that? Some kind of account Wise is offering?
Or some technical general term? Meaning what exactly, in this case?
Hi DearYes. I have an LTD and a Wise account - with physical cards for the business. The thing is that you need to have a chat with the guys from Wise from your personal before adding the BIZ there.