I source products from China, is Tide not for me?


#1

We have just started our LTD and looking for a business bank account. We are based in the UK and our products are sourced from China, meaning they’ll be requiring payment in USD at an address in China.

I am confused whether you can do this with Tide or not, can someone help?


#2

Hello @sstocks,

At the moment it’s not possible to send oversea payments as far as I know. Tide is working to introduce IBAN and international currencies; what should enable oversea payments should I be correct in saying.

You can apply for the beta of IBAN and International Currency Accounts here;

Hopefully, this should help you out with your banking choice :slight_smile:

Best Regards,
Shay Punter.


#3

Hi @sstocks,

Thanks for your interest in Tide!

As @shaypunter rightly pointed out, we’re currently rolling out our IBAN and International Currency Accounts feature to our members with Limited Business accounts.

However, that doesn’t include USD at the moment. We’ll be adding many more currencies in the future, including USD. Stay tuned :slight_smile:

Let me know if you have other questions.

Thanks,
Valentine