Can US customers pay me in USDC?
From How to get paid by US customers without a US entity, by Pavel Skalin. Updated .
The wider picture
The key points from the guide this answer comes from:
- Give US customers a US account number and routing number, and they can pay you by ACH or domestic wire, like any US supplier.
- Sending SWIFT details instead means an international wire: another approval for their finance team, a higher fee, and intermediary deductions of 15 to 50 USD.
- Send a completed Form W-8BEN-E with your first invoice. A foreign company with no US business usually doesn't need an EIN.
- A W-8BEN-E is generally valid until the end of the third calendar year after you sign it, unless your circumstances change.
More questions on this
- Do I need an EIN to invoice US customers?
- Can a US customer pay my non-US bank account by ACH?
- How long is a W-8BEN-E valid?
The full guide
Give US customers a US account number and routing number and they can pay you the way they pay any domestic supplier. Send a completed Form W-8BEN-E with your first invoice so their finance team can record you as a foreign company.
Read How to get paid by US customers without a US entity, with its sources.
General information, not legal, tax or financial advice. Rules and providers' terms change; check the sources in the guide and take advice on your own situation.
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