Lotus Reader - The Hackernews Client

Lotus Reader

If you click (or tap) on the name of a parent in a discussion, you will be directed to the comment that the parent wrote.

e40

2 years ago

In reply toTell HN: Coinbase is a joke (product and support)by e40

I haven't. To detail the issue, going through the banking system, there seems to be a non-zero chance that the transfer will be parked at a bank in NY. No one knows why, but everyone assumes it's because the US government decided to look at the transaction. Sometimes the money is returned, sometimes it's forwarded on... I haven't been able to talk to anyone at that bank or in the government, to tell them why I'm sending money to UKR.

chatmasta2 years ago

I definitely recommend Deel. Your payments will be to one company and they'll handle everything else.

I can't comment on whether they work well for payments to Ukraine because we don't have any contractors there. But we've had no problems in the countries where we do use Deel.

mgbmtl2 years ago

That could be a reason to use Wise. You send money to Wise (in the same country), and they transfer money to the account in the other country. I think it works in part by assuming that they have currency in that other country, so they can avoid conversion fees.

Although I have no idea if that works for Ukraine. This page has some interesting bits: https://wise.com/help/articles/2932349/guide-to-uah-transfers

chatmastamgbmtl2 years ago

You could also consider offering your contractors payment in Euro, if they're able to setup an account that can receive it. That way you'll avoid the issues caused by exchange rate volatility, although you might still run into KYC issues due to recipient location.