How I pay contractors outside U.S.
Wise (originally Transferwise) is the only way I pay contractors outside the U.S. I learned about Wise on CNBC a few years ago. I think it was a Diedre Bolton's show about fin startups. I was mailing checks to Canada to pay my contractors at that time and had given up on bank wire transfers bc of the cost. So, I signed up... and I've never looked back. My contractors love it. It's simple, safe and a time-saver. I've recommended it to others.