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hr-dhtechconsult
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

I am unable to add the International wire information to make the payment. Only options I see are the ACH Transfer and Paper check. Can you please help?
14 Comments 14
MarsStephanieL
QuickBooks Team

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Hi there, @hr-dhtechconsult.

 

The option to do a wire payment is available in QuickBooks Online. You may need to turn on the multicurrency feature to do this process. I'd be happy to show you the steps below:

 

  1. Go to Setting and select Account and settings.
  2. Click the Advanced tab and select the Edit or Pencil icon beside the Currency section.
  3. Tick the Multicurrency radio button to turn on the feature.
  4. Select Save and Done.

 

I've added this article about recording the wire transfer manually just in case you want to do the payment outside QuickBooks: How to record a wire transfer.

 

I'll be here if you have other questions. Feel free to let me know in the comment section and I'd be happy to assist you further. Take care.

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Is there a way to do a wire transfer via Quickbooks BillPay to foreign vendors?

Archie_B
QuickBooks Team

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Thank you for joining this Community thread, jajageronimo2507

 

Currently, QuickBooks Bill Pay does not offer the option of paying foreign vendors through wire transfer. 

 

You can, however, consider using a third-party application to help you process those funds. To do so, you can go to the Apps menu within QuickBooks or visit this link to our website: Apps help QuickBooks run better.

 

To learn more about QuickBooks Bill Pay, you can check out this article: Learn about QuickBooks Bill Pay.

 

If you have any other questions or need further assistance with QuickBooks. please don't hesitate to leave a comment. I'll be here to help.

4Gal
Level 11

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

@jajageronimo2507 

You can sign up for a free Melio account to integrate with QBO and pay your international vendors. The fee is $20 per transaction.

https://affiliates.meliopayments.com/quickbooks

 

You can also get a cashback to pay the first bill. Make sure to click the Get $100 cashback button to sign up.

https://affiliates.meliopayments.com/cashback

 

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

How do I process wire transfer to an international vendor in QB Online?

4Gal
Level 11

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

@jajageronimo2507 

You will find these options in the app as I mentioned before.

 

ask vendor for payment details.jpg

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

It doesnt show this image on my end. Does that mean it can only be accessed by the admin user?

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

This image is not available on my end. Is this something that only admin user can access?

4Gal
Level 11

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Have you sign up for a free Melio account as I mentioned earlier?

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

The Melio is already integrated on my client's quickbooks account. When I try to click it, it says that I have to contact the owner

4Gal
Level 11

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Ask your client to invite you as the Contributor to access Melio.

jajageronimo2507
Level 1

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Hi, I've successfully added an international vendor to our QB but how do we know the cost of wire transfers to a Euro account? how many days of processing? Is it advisable to keep the currency to USD when sending the payment to an international vendor or should we register the vendor according to their currency?

Kevin_C
QuickBooks Team

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

Thanks for chiming into this thread, Jaja. I'm here to shed some light on how you can pay your international vendor in QuickBooks Online (QBO).

 

Currently, QuickBooks Bill Pay does not offer the option to pay international vendors directly. It only supports US payments in US dollar currency. This comes with different payment processing times, which are 3-5 business days for ACH and 8-10 business days for checks.

 

Regarding the currency you will use for your vendors, it would be recommended that you utilize their currency so you'll have an exact exchange rate in USD.

 

In the meantime, you can consider using a third-party application to facilitate this process. You may want to explore the QuickBooks Apps Store for available options.

 

You can also check out this article to learn more about running reports to determine how much you're paying your vendors: Run a report with vendor totals.

 

I can always circle back if you have additional questions about handling vendor payments in QBO. Just let me know by leaving a comment below.

Deity Alpha
Level 6

Option to add international wire transfer info to schedule a payment to foreign vendor is missing, any one faced similar issue?

@jajageronimo2507 

You can sign up for a free Melio account to sync with QBO and pay your international payments. Their fee is $20 flat. You can also get a $100 cashback. They will need 4-5 business days to process your payment by Wire (IBAN).

https://quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/has-anyone-been-able-to-set...

 

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