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Wise (TFX recommended)
Wise is the method we personally use and highly recommend to our clients. With Wise, you can avoid costly wire transfer fees (which typically range from $40 to $60). Additionally, Wise offers one of the most competitive foreign exchange (FX) conversion rates in the industry — only 0.5% for most currencies to USD. For example, converting and sending £500 GBP to USD costs just £2.
We use this service regularly for international transfers and can confidently say that it is the cheapest and most efficient way to send money across borders and currencies.
How to transfer money with Wise
❗ Note for first-time users only: Set up your Wise account by signing up via this link 👉 https://taxesforexpats.com/wise to get your first transfer free.
Open the TFX payment page to pay TFX directly via Wise:👉 https://wise.com/pay/business/taxesforexpatslp
Review pre-filled payment details: The page will already include TFX as the recipient and the correct currency (USD). No need to manually enter an email address or bank account information.
Fill in the "You pay" and "Description" fields.
Click Continue to pay.
Choose your preferred payment method.
Double-check the details.
Click Continue and then Send.
Once you’ve completed the transfer, please email your payment details to success@tfx.tax. This helps us track your payment and notify our Billing department.
As soon as we receive your Wise payment, we’ll deposit the funds into your TFX account balance as credits.
Notes:
When sending money via Wise, the destination currency must be USD. We can't accept EUR or any other currency.
Wise payments to U.S. bank accounts typically arrive within 12 hours and can sometimes be instant. However, in some cases, they may take up to a day, depending on several factors. These include the payment method used, currency conversion, banking hours, and the recipient’s bank.
If you're concerned about exchange rate fluctuations, please note that Wise holds your exchange rate for a locked-in period of up to 48 hours. This means you're guaranteed the rate shown at the time you initiate the transfer, regardless of market changes during that time.
With Wise, you can make payments to TFX in the following currencies:
Currency | Description |
AED | Emirati Dirham within the UAE. |
AUD | Australian dollar within Australia. |
BGN | Bulgarian lev within Bulgaria. |
BRL | Brazilian real within Brazil - Wise can only send payments from private individuals within Brazil. Currently, you cannot send business payments from BRL. |
CAD | Canadian dollar within Canada. |
CHF | Swiss franc within Switzerland and Liechtenstein. |
CZK | Czech koruna within the Czech Republic. |
DKK | Danish krone within Denmark. |
EUR | Euro through Wise we can receive euros from SEPA-compliant bank accounts within SEPA. |
GBP | British pound with bank accounts with an IBAN. |
HKD | Hong Kong dollar within Hong Kong. |
HRK | Croatian kuna within Croatia. |
HUF | Hungarian forint within Hungary. |
INR | Indian rupee through Wise TFX can only receive INR from Indian residents. |
JPY | Japanese yen within Japan. |
MYR | Malaysian ringgit within Malaysia. |
NOK | Norwegian krone within Norway. |
NZD | New Zealand dollar within New Zealand. |
PLN | Polish złoty within Poland. |
RON | Romanian leu within Romania. |
TRY | Turkish lira through Wise TFX can receive TRY locally from within Turkey and internationally through SWIFT. |
SEK | Swedish krona within Sweden. |
SGD | Singapore dollar within Singapore. |
Bank wire transfers
US dollar - ACH domestic
Account holder | Taxes for Expats L.P. |
Routing number | 026073150 |
Account number: | 822000095412 |
Account type: | Checking |
Wise's address: | 30 W. 26th Street, Sixth Floor |
Notes:
Ensure that you select "I will pay all charges" when prompted by your bank. Because if you select "Shared charges", intermediary banks may deduct fees from your transfer. We can only credit your account for the amount we actually receive.
Cost to receive the transfer: Please add a $4 receiving fee on top of your transfer.
Euro - International
Address | Wise Europe SA, Square de Meeûs 38 bte 40 |
Bank code (SWIFT / BIC) | TRWIBEB1XXX |
IBAN (to receive EUR from the EU only) | BE98 9670 3423 4393 |
Account holder | TW Taxes for Expats LP |
Note: Please convert the amount you owe from USD to EUR using Google. For example, search "Convert XXX USD to EUR" in Google. After making the transfer, email us with:
The amount sent
The FX rate provided by Google
We will then manually process your payment.
British pound - International
Address | 56 Shoreditch High Street, London, E1 6JJ, United Kingdom |
UK sort code | 23-14-70 |
Account number | 16054127 |
Account holder | Taxes for Expats LP |
Note: Please convert the amount you owe from USD to GBP using Google. For example, search "Convert XXX USD to GBP" in Google. After making the transfer, email us with:
The amount sent
The FX rate provided by Google
We will then manually process your payment.
Australian dollar - International
Address | Wise, 36-38 Gipps Street, Collingwood VIC, 3066, Australia |
BSB code | 802-985 |
Account number | 116725496 |
Account holder | Taxes for Expats LP |
Note: Please convert the amount you owe from USD to AUD using Google. For example, search "Convert XXX USD to AUD" in Google. After making the transfer, email us with:
The amount sent
The FX rate provided by Google
We will then manually process your payment.