Bill.com allows you to pay overseas vendors and contractors electronically through the usual bill payment process. This capability allows businesses to pay in US dollars or in a foreign currency. By utilizing Bill.com to pay international vendors and contractors, you are able to leverage all of the benefits that come with Bill.com to streamline your approval workflow process, maintain controls and oversight of your finances, and most importantly, automatic reconciliation with your favorite accounting software.
To understand how to use international payments inside of Bill.com, please see the international payments support articles in our support center.
Why use Bill.com for International Payments?
Bill.com is a product designed to streamline your payment process, whether it is a domestic payment or an international payment. Because of that, using Bill.com makes it simple and efficient to pay your foreign vendors. Our solution will also save you over 50% in wire transfer fee compared to the average cost of banks, making it a cost-effective way to pay internationally. With Bill.com, all of your payments will automatically sync with QuickBooks Online, QuickBooks Desktop, Xero, Intacct, and NetSuite.
If you're a existing user of Bill.com, you can log and start making international payments now. If you'll like to give Bill.com a try and streamline both your domestic and international AP process, signup for a risk-free 30 day trial below.