Veem has become the leader in sending and receiving payments between global businesses. Our 40K customers have sent millions of dollars around the world, allowing businesses to eliminate costly middle-men and help streamline how payments are made internationally.
As a receiver, there are numerous benefits to accepting payments through Veem.
Veem provides local currency payout at competitive exchange rates, often better than what you can receive through your bank.
Veem’s global payment platform helps tie your payment with information that makes it easy to reconcile – relaying sender information, invoice, and payment timing/amounts together in one bundle.
Should you incur any bank fees for receiving a payment in your local currency, Veem will reimburse the amount.
For new receivers, we do offer settlement in USD abroad with the addition of a $20 fee incurred by the receiver. The receiver will also be responsible for receiving fees charged by a bank (pricing effective 12/14/17). Anyone who was receiving USD prior to that date will keep their previous cost structure.