Living abroad comes with exciting opportunities, but managing international payments can often be a challenge. Whether you’re a freelancer, remote worker, student, or entrepreneur, receiving and sending money across different currencies can be costly and stressful. High bank fees, poor exchange rates, and long processing times can make international transactions frustrating.

With Grey, managing international payments is easier, faster, and more affordable. Grey provides a seamless way to send, receive, and convert money across multiple currencies without the hassle of traditional banking systems.

Also read: How international banking works for freelancers and independent contractors

Challenges of managing international payments

• High transfer fees: Traditional banks and money transfer services often charge excessive fees for international transactions.
• Poor exchange rates: Converting money through regular banks usually results in unfavourable exchange rates.
• Delayed transactions: International transfers can take days to process, causing inconvenience and cash flow issues.
• Limited banking access: Some expatriates struggle to open bank accounts in foreign countries, making payments even more difficult.

Also, read how non-US citizens can open a US bank account online.

How Grey simplifies international payments

1. Open a multi-currency account

• Sign up on Grey: Download the Grey app or visit the website to create an account.
• Verify your identity: Complete a quick verification process by uploading your identification documents.
• Access your virtual accounts: Once verified, you’ll receive bank details for UK, EU, and US bank accounts, making it easy to receive payments globally.

2. Convert currencies at competitive rates

• Log in to your Grey account and navigate to the "Convert" section.
• Select the currency you want to convert and enter the amount.
• Review the real-time exchange rate and confirm the transaction.
• Your converted funds will instantly appear in your Grey wallet, ready for spending or withdrawal.

3. Send money internationally with ease

Need to send money to family, friends, or business partners across borders? Grey enables fast and secure international transfers at low fees.

• Faster processing times – No long waiting periods like traditional banks.
• Lower fees – Avoid the high transaction costs of other payment services.
• Secure transfers: Your transactions are protected with top-tier security measures.

Also read: How to convert and send US dollars (USD) with Grey

4. Spend locally with a Grey virtual card

Grey’s virtual USD card makes it easy to make online payments, pay for subscriptions, and shop internationally without worrying about conversion issues.

• Pay for international services like Netflix, Spotify, or online courses.
• Shop on global websites without hidden charges.
• Avoid conversion fees when making USD transactions.

With Grey, you can send, receive, and convert money effortlessly, allowing you to focus on enjoying your experience abroad rather than worrying about financial logistics. Sign up for Grey today and simplify your international transactions with ease.

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