Wise + Monzo Account for receiving payments from US client - Contractor UK Bulletin Board

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Jonty789 replied

17 August 2022, 06:40
Wow crikey, a genuine mistake in selecting the forum.

I have posted afresh.
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SueEllen replied

17 August 2022, 04:44
Why are you posting that in this section?
.
Are you trolling or simply unable to read?
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Jonty789 started a topic Wise + Monzo Account for receiving payments from US client

17 August 2022, 02:19
Wise + Monzo Account for receiving payments from US client

Just wondering if this would be an optimal arrangement to receive payments from a US client (i'm a sole trader in UK)

I have a personal account with Monzo and have setup a US account inside my personal account in Wise to receive USD Payments
Essentially I would be receiving in the Wise US account, transferring to the Wise UK account and then transferring into Monzo account.

Does anyone foresee any practical issues here? I appreciate there's a 4.14$ charge for wire transfers in Wise but I'm comfortable with that. Also do you think most clients would be happy paying using the Wise US account details?

I appreciate my question might seem rather straight forward, but just trying to sense check myself also.

Thanks for your help.
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