PDA

View Full Version

: Sending US$ payments to US bank accounts


tiger_handheld
05-11-2012, 03:13 PM
this might be a long shot, but looking to see if anyone on RS processes ACH/EFT payments to US bank accounts located in USA (to an account with ABA & Account number). It doesn't have to be you personally, but rather a company you work for/worked for , know a method - anything will do.


Applies to business not individuals. Looking for a solution like RBC Express / Beanstream but for US$ payments.

finbar
05-11-2012, 03:51 PM
paypal
Solium Capital (http://www.solium.com/can_en/)

tiger_handheld
05-11-2012, 06:26 PM
paypal will not work. We send amounts in 100k's and 3.9% is something neither we nor our clients can afford to eat up (even if its 50/50)

What is Solium Capital? Seems like a stock option plan thing...

4444
05-11-2012, 06:44 PM
i don't know much, but what i do know is that moving money from US to Cdn US$ accounts is a PAIN IN THE BUTT!!!! i have US US$ accounts, and its not easy at all to get money to canada other than cheques.

sorry i'm not helpful

tiger_handheld
05-11-2012, 06:47 PM
I've looked into cross border checks, but we are planning to phase out checks. They cost too much. Local ACH is .29 cents per trxn. Checks are atleast .61 just going by postage.

4444
05-11-2012, 07:02 PM
ya, sucks... in this day and age it shouldn't be this hard

on a different note, nor should we be paying for simple banking! (that doesn't happen in hte UK - they have our money, bastards!)

tiger_handheld
05-11-2012, 07:08 PM
The reason i've been getting is 9/11 and terrorizers. But its been 10 years :(

finbar
05-11-2012, 08:00 PM
What is Solium Capital? Seems like a stock option plan thing...

I exercised options through Solium and had the proceeds deposited in a US account, they are business to business.
Your HR dept / CFO may have more info.

tiger_handheld
05-11-2012, 08:58 PM
^ that is not going to work for us.
We are looking for a Direct Payment solution.

but thanks for the info.

Hehe
05-12-2012, 12:45 AM
As far as ACH goes, I believe the only private entity in US doing this is EPN.

http://www.epaynetwork.com/

Maybe give them a ring to see if they have anything for your company?