Can I pay overseas supplier using my personal wise account?
Hello, I do have my personal Wise account, can I pay using that account to supplier. e.g I will use my company Debit card to pay from or I should have wise business account, which cost 45 pounds one time fees for opening. Please help. Thanks.
0 replies
Seller_77IcbQKVGdZo0
It is not really a question related to selling on Amazon.
The simple answer is ask your supplier if they will accept your payment method. No one but your supplier can really answer the question for you.
Ideally if you are running a business you would have a dedicated business account to pay suppliers and receive payments. In some situations you maybe able to use a personal account but it can become very messy.
Not to be rude but it just sounds like you don’t want to pay the £45 to open a business account!
Seller_DROodOAYHftnc
I agree with above, and it is far easier to keep all your business transactions separate from personal ones when it comes to doing your accounts - that’s where it becomes messy trying to extricate your business expenses from personal ones.
Also, is Wise now accepted on Amazon, if you did open a Wise business account ? - you need to check that out, as there are some banks that are not an Amazon approved PSP.
Seller_qCiQ6UEwtY1vP
Hello, Thanks for your feedback. Apologies, if I was not clear about my question - I do have business account with Starling Bank, I do have debit card as well.
Starling doesn’t have facility to send money to some of the east Asians countries, they suggested me to use third party app to send money to supplier, my supplier is okay to get money via Wise.
So, question is - I do have personal wise account through which I will send money - but I will use my business debit card to pay that. I hope this make sense.
