Business without borders: how to set up shop and make international payments

How to start, grow and manage your cross-border business
using money transfers.

Starting, buying or selling an international business

Starting, buying or selling an international business

Creating a new enterprise out of the gate, acquiring an existing company, finding a buyer for your successful endeavor — it’s all part of the adventure of international entrepreneurship. We can help you get started in growing, scaling or selling within this dynamic market.

How to buy or start a business overseas


Deciding what to sell

Deciding what to sell

The first step in creating your new business is deciding what you’d like to import or export. Choose a guide from one of the four top imported goods to the US. Picked a product already? View the United States Import/Export Guide below, including the forms you need to get started.

View guides by country

View guides by country

Select the country you’re interested in doing business with to see its specific requirements.

Get the import / export guide

View the import / export guide:


Deciding where to sell

Deciding where to sell

Changing political climates, currency values and the global price of goods and services are a few of the many things that may affect where you choose to do business internationally. If you’re opening an online store, you may have more flexibility about where you can do business; but if you choose to buy and/or sell goods from overseas, you may want to explore the economic landscape of various countries before you decide.

View the economic snapshot of:

How do you choose a payment service?

How do you choose a payment service?

After getting your business in place, you’ll need to work out the logistics of how you’ll pay your vendors. As an international business owner, consider exchange rates and any fees you’ll pay when making overseas payments.

While your local bank may seem like an obvious choice, major US banks simply can’t compete with an international money transfer specialist when it comes to strong rates and low fees. Many specialists also offer the convenience of scheduling recurring payments in foreign currencies to settle ongoing invoices.

By comparing the fees, exchange rates and payment options of an independent provider, you can find a partner with the expert guidance to safely manage your international business payments.


Setting up your payments

Setting up your payments

Starting a new business is exciting — and nerve-racking. Once you’ve decided on your business model and set up your entity, it’s time to order and pay for your stuff. Your vendors may ask that you pay with a bank wire transfer, which will not be your cheapest option — or use a money transfer specialist to save on fees and get a strong exchange rate.

Compare providers that can help you set up payments

Compare providers that can help you set up payments

Rates last updated March 25th, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
Rates are always
changing, click to check
your price today
Go to site More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know
Rates last updated March 25th, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Use promo code FREE to ... Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

How to save on your money transfers

How to save on your money transfers

Many global payment providers offer flexible tools that can protect your international payments against the rapidly fluctuating market — and help you predict when it’s best to make your payments. These “hedging options” and a bit of planning could save you significantly with more favorable exchange rates on international money transfers.

Young Entrepreneur working
  • Forward contracts. If the current exchange rate is in your favor, a forward contract could allow you to lock it in for future transactions — sometimes as far as two years into the future.

Forward contracts

  • Limit orders. Specify your ideal exchange rate with a limit order, and when the market reaches that rate, it’s locked in for you to complete your money transfer.

Limit orders

  • Recurring payments. For regular overseas transfers — weekly, monthly or quarterly payments to the same recipient — many services will automatically convert and send your dollars to accounts and businesses worldwide.

Regular transfers

Design your e-commerce storefront

Design your e-commerce storefront

A brick-and-mortar shop has its benefits. But if you choose to sell online, you can reduce your overhead and entice more customers with an e-commerce store — all while better understanding your consumers. We’ve reviewed three major e-commerce storefronts to help get your business up and running online.

Payroll and Accounting

Payroll and Accounting

Payroll and accounting software can simplify the otherwise stressful requirements of business by safely hosting your data online or storing it in the cloud. Services like Xero, Sage One and QuickBooks meet your budget with reasonable subscriptions and flexible options designed with small business in mind.

Pay taxes

Pay taxes

When April rolls around, it’s time to pay Uncle Sam. As an international business owner, you may think you need the help of a professional like H&R Block. But you can file your own taxes with one of these online options. And premium plans often come with professional support, just in case.

Consider a franchise

Consider a franchise

Franchises are a simplified way to get an international business started. Here are a few top franchises around the world:

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