Compare
International Orders vs. international bank wires
Wires move money almost anywhere and are familiar to every finance team. Local-rail payouts take a different route, which changes cost, timing and visibility.
In short
- Wires reach nearly every bank account in the world, which local rails cannot always match.
- Local-rail payouts arrive as domestic transfers, usually faster and with fewer deductions along the way.
- For occasional large payments, a wire from your bank may remain the simpler option.
Side by side
| Dimension | International bank wires | International Orders |
|---|---|---|
| Pricing transparency | A sending fee, plus possible intermediary and receiving charges | One fee per payout, shown before you send |
| Setup | Available from most business bank accounts | Online application, then payouts from the dashboard or API |
| Delivery time | Varies with the route and the number of banks involved | Sent on local rails where available; timings per corridor are shown in each market guide |
| Amount received | Intermediary banks may deduct fees in transit | The recipient receives the amount quoted, without deductions in transit |
| Currency conversion | Set by the sending bank; the margin is not always itemised | A published margin on top of the mid-market rate, locked when you confirm |
| Reach | Nearly any bank account worldwide | Local rails in supported corridors, with wires as a fallback elsewhere |
| Tracking | Status available on request from the bank | Status for each payout in the dashboard and by webhook |
| Bulk payments | Usually entered one by one or by bank file upload | Batch payouts by file upload or API call |
Which fits
When international bank wires may still suit you
- You make a small number of large payments each year.
- Your recipients are in countries outside our payout corridors.
- Your treasury process and approvals are built around your bank.
When we fit better
- You pay many suppliers, sellers or contractors abroad on a regular schedule.
- Recipients ask why they received less than you sent.
- You want to know the fee, the rate and the arrival estimate before you pay.
Switching, or running both
- 1
Pick a corridor
Start with the country you pay most often. The payouts page shows which corridors use local rails.
- 2
Add recipients
Upload recipient bank details once. We validate account formats before the first payout goes out.
- 3
Send a test batch
Pay a few recipients by local rail and compare cost and arrival time with your last wires. Any figures we share are illustrative until you see your own.
- 4
Keep wires where they fit
Move regular payments over and keep using your bank for occasional or out-of-corridor transfers.
Questions
Open the calculatorCompare with your own numbers
Run your volumes through the calculator, or send us a statement and we'll price it line by line.