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abulman | 6 years ago

I started working for a US-based company a couple of months ago. They pay me through a company that handles the contract.

The CEO pays my invoice on Monday and it gets to the contract company on Friday, if I'm lucky. Good for me though - the intermediate has their bank account with Transferwise - so when they pay me, it's in my account in barely minutes after I get the email they've paid me.

From from Transferwise USD account, it's usually seconds to get to my UK-based bank (one of the first group of 'Challenger banks'), and if I want to pay myself from there, it's also seconds to minutes at most from there, to my personal account.

TLDR: It's a week to go from one US company to another, but just a couple of minutes to hop across the atlantic, and between UK banks.

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