What is TransferWise Borderless for businesses?

TransferWise has created the Borderless accounts product to enable customers to set up and operate local bank accounts in approximately 15 different countries to receive or send money the way a local customer can do.

Borderless accounts help TransferWise customers to:

• Manage funds in over 25 different currencies, at their most suitable time and at a small rate.
• Save on unnecessary fees or exchange rate excessive spread at the time of receiving payments
• Receive payments at the currency of your choice, be it GBP, USD, or EUR, as TransferWise is aiming to expand the amount of currencies it operates with.

Please refer to the following link for finding out about TransferWise borderless accounts.