Forbes > Goldman Sachs & Veem partner. Learn more
Forbes > Goldman Sachs & Veem partner. Learn more
Clearwater LED
Case Study
clearwaterledlights

Terry Boike worked in banking for 20 years. But, after being diagnosed with a rare skin disorder, he was unable to continue working. So, he decided to do something about it, and started creating and selling underwater lights for night fishing. With the help of his son, the business exploded in just one year.

A Broken System

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Expensive

$50 Per Transfer
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A Broken System

Couldn’t Send Wires from Home
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Slow

3 Weeks to Arrive

Because of his condition, Terry often finds himself unable to go into his bank to send a wire transfer to his overseas suppliers. If he isn’t there, they can’t send it, and his partners in Asia can’t send the parts he needs to make this fishing lights. Even when he did, he was still clocked with a $50 fee just to send the money.

“I just happened to find Veem through my web surfing. They offered me exactly what I needed. I didn’t have to leave the house to send a payment, and they didn’t charge me. Now, when I make a partnership, it’s always done on the condition that they use Veem. No Veem, no deal.”

Terry Boike, Co-Founder

Accounting and Payments Combine with Veem

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Accurate Payment Tracking

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Easy Reconciliation & Accounting Integration

Exact Money Received

Saved Clients $5,000

For Terry, convenience and ease are everything. In his condition, it can be impossible to get to the bank, let alone send payments on time. He does his best, but some days are just better than others. But, with 20 years experience in banking, even he couldn’t figure out a fix. He needed a faster, more reliable way to pay.

The Veem Dream

Veem was just what Terry needed. Convenience and ease of use for everyone in our small business network is our priority. By utilizing our intuitive online dashboard, real-time tracking, and competitive FX rates, Terry can control his payments without ever leaving his home. Now, he and his son Clay can run their business, and live their lives to the fullest.

Pay and Get Paid with Us NOW!