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How can I send funds from my account?

Michael Tan avatar
Written by Michael Tan
Updated over 3 weeks ago

Upon a successful sign up, you will instantly qualify for local bank accounts in multiple currencies namely:

  1. Venn CAD account - for sending and receiving Canadian dollars

  2. Venn USD account - for sending and receiving United States dollars

  3. Venn GBP account - for sending and receiving British pound sterling

  4. Venn EUR account - for sending and receiving Euros

These local bank accounts will enable you to make worldwide payments seamlessly online. No need to schedule bank appointments or fill up complex forms anymore.

Available Payment Methods:

For sending CAD:

• Interac e-Transfer – Free for all subscription plans

• EFT (Electronic Funds Transfer) – $2 per transfer (Essentials plan), free for Plus and Pro plans

• Wire (SWIFT) – $10 per transfer (Essentials plan), $8 (Plus plan), $6 (Pro plan)

For sending USD:

• ACH Transfer – $2 per transfer (Essentials plan), free for Plus and Pro plans

• Fedwire – $10 per transfer (Essentials plan), $8 (Plus plan), $6 (Pro plan)

• Wire (SWIFT) – $10 per transfer (Essentials plan), $8 (Plus plan), $6 (Pro plan)

For sending GBP:

• UK Faster Payments – $2 per transfer (Essentials plan), free for Plus and Pro plans

• Wire (SWIFT) – $10 per transfer (Essentials plan), $8 (Plus plan), $6 (Pro plan)

For sending EUR:

• SEPA Payment – $2 per transfer (Essentials plan), free for Plus and Pro plans

• Wire (SWIFT) – $10 per transfer (Essentials plan), $8 (Plus plan), $6 (Pro plan)

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