Wire Transfers


Although the US trade deficit with India decreased in 2016, trade between the two countries remains strong and healthy. Outpacing imports, exports have been particularly strong. Still, imports remain healthy, accounting for $7.25 billion annually. So why, then, is it so hard to send money to India? With such strong import numbers and a healthy trade relationship, more and more small- and medium-sized businesses (SMBs) are...

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Roughly $54.3 Billion USD worth of UK goods were imported to the United States in 2016. The two countries have a booming and important trade relationship. But when American small businesses try to send money to the UK for import goods, international wire transfers between the two countries flow through an antiquated, cumbersome and costly international banking infrastructure.   Veem is here to help small businesses...

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