I’m about to enter into an agreement to do some work for a company in the US. I’ll be billing in GBP and they’ll be paying in USD at the going rate on the day they settle the invoice. This will be happening weekly.
I’m wondering what’s the best way to accept this payment. Do I give them my Monzo business account IBAN details and let Monzo take care of the FX conversion? Do I give them the details of my USD Wise account? Is there any benefit in setting up a Monzo US account for this (I’m not sure if that’s even possible). Is there some other solution that I’m missing?
Cheers,
Dave…