Used For

• +**Bank charging $30 per wire to pay 200 freelancers** → BatchTransfer pays everyone in 30 minutes for $300 total instead of $6,000
• +**Manually tracking exchange rates and losing money on bad timing** → Auto-conversions trigger transfers when rates hit your target
• +**Team expenses scattered across currencies with zero visibility** → Groups give each team their own cards while you see everything
• +Jars automatically split incoming payments into tax/savings buckets - no more manual sorting
• +API handles marketplace payouts in 20 seconds instead of 3-5 day bank transfers

Best For

• >Paying 50+ overseas contractors monthly and watching bank fees eat your profits
• >Your e-commerce business ships globally but PayPal's international fees are killing margins
• >Remote team burning 10 hours/week on manual wire transfers to different countries

Not For

• -Companies doing only domestic payments - your local bank is free and faster
• -Teams under 10 people making occasional transfers - the verification hassle isn't worth it
• -Anyone who needs money moved instantly on weekends - BatchTransfer fails and support takes 48 hours to respond

Pairs With

• *QuickBooks (syncs transactions automatically so you're not manually entering 200 international payments)
• *Xero (real-time bank feeds cut reconciliation from 4 hours to 15 minutes weekly)
• *Slack (where your team complains about frozen accounts and weekend transfer failures)
• *PayPal (still better for small US transactions, but Wise handles the big international stuff)
• *Stripe (for collecting payments while Wise handles paying out to global suppliers)
• *FreshBooks (invoicing integration so international clients can pay you easily)

The Catch

• !Account locks during verification can freeze your payroll for 2-7 days with slow support responses
• !Currency conversion fees (0.35-2%) add up fast - users report $200/month surprises on frequent small transfers
• !Weekend and holiday transfers often fail, leaving you scrambling on Monday morning

Bottom Line

Turns your $500 international wire fees into $50 - if you can survive the account verification process.