paypal or swift? for a company

tips-and-tricks

#1

hi,
until now i’ve been using paypal for withdraw the fonds, but recently i’ve made a small firm and i don’t know if i should switch to swift or stick with the paypal? any ideas, pros and cons?

thanks


#2

I’m using paypal, no fees from Envato income.
Only cons is slightly worse currency conversion rate. But every bank has own fee for currency conversion too.
I can’t use SWIFT, because my bank doesn’t accept income in another currency :-/


#3

so it’s ok to use paypal for company also…


#4

sure, why not? :slight_smile:


#5

I would strongly suggest PayPal.


#6

I would recommend Payoneer.


#7

If you are having PayPal account for individuals then you should covert it to business account or create a new account in name of your business and connect your business bank account to it so that you can withdraw your income as income from your newly started business.


#8

I think that’s what i’m going to do :slight_smile:
thanks a lot guys