How to Make International Transfers Using Your Treasury Account

Overview

You can initiate international transactions using your Treasury account through the payable section. This guide will walk you through the step-by-step process.

Step 1: Select Recipient

1. Navigate to the "Pay Bill" section in the Banking> Home page

2. Enter the beneficiary's legal name in the "Enter Recipient/Beneficiary Legal Name" field

3. Click "Next"

Step 2: Upload an Invoice

1. Select "Upload an invoice"

2. Upload your invoice document (this is used for bookkeeping purposes)

3. You can either select a file or drag and drop it into the designated area

Step 3: Choose Payment Method

1. On the "How would you like to pay them?" screen, select "International via Pershing"

2. Note that this payment method has a variable processing time of 5-7 business days

Step 4: Enter Recipient Details

1. Enter the recipient's complete address:

   • Country

   • Street

   • Apartment/suite/etc. (if applicable)

   • City

   • Region

   • Zip code

Step 5: Provide Bank Details

1. Enter the recipient's bank information:

   • Bank Name

   • SWIFT code

   • IBAN (International Bank Account Number)

2. Enter the Intermediary Bank Details:

   • Routing Number (this should be provided by the recipient)

Step 6: Specify Payment Information

1. Select who you are paying (vendor, contractor, etc.) from the dropdown menu

2. Add a memo for the recipient if needed

3. Specify whether you are paying a vendor or transferring to an existing account

4. Upload an invoice (you may upload the same invoice as before)

Step 7: Finalize the Transaction

1. Choose "Founder" if you are a founder initiating this transfer

2. Provide the reason for the payment

3. Select approvers if required

4. Initiate the transfer

Important Notes

• International transfers typically take 7-8 business days to process and complete

• If approvers are designated, they must approve the transaction before it will be initiated

• For any questions or issues, contact support at support@every.io

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