invoices to European customers
local bank account
for international transfers
European countries for free
and foreign exchange fees
Banking bureaucracy delays and complicated B2B payment transactions
Most contracts are in EUR or USD, with banking fees and currency conversion charges involved range from 3 to 6%
Wire transfers charge large fees for international transfers
Exporters face many challenges when receiving payment from overseas customers
B2B Pay: The simple payment solution
Signing up with b2b pay allows you the following:
B2B payments for companies that export into Europe
We founded B2B Pay with SME exporters in mind. SEPA has provided Europeans and European companies and with a great payment solution that works across 35 countries. We now provide access to the SEPA zone to companies outside of Europe. Our focus lies on the United States, Canada and India, but we're open to other countries, especially locations with fully convertible currencies.
After you send us the initial documentation about your company you get your individual IBAN number assigned to you that you can use on your Euro invoices to your European customers. SEPA payments currently take one business day to arrive. When payments come in you are notified and consequently we send the money to your local bank account, we use the Bloomberg mid-market rate for that, and we take a fee of 1%.
We're a US company and we receive money from Europe on a weekly base. Thanks to B2B Pay our customers can make a simple domestic transfer, and the transfer and currency conversion between the virtual account and my US account is painless and a lot cheaper!