# Notes on getting paid across borders > Guides on getting paid across borders. A $10,000 wire loses $340 on legacy rails. We show where every dollar goes, corridor by corridor. Canonical: https://fasset.com/business/blog/ Ten guides on the mechanics of cross-border money, corridor by corridor. A $10,000 wire loses $340, and we show where each dollar goes. Every figure is dated and the arithmetic is on the page. ## Guides - **How to receive USD as a business in Bangladesh:** Four routes on a $10,000 invoice, what each one costs, and what happens to the dollars after they land. - **How to receive USD as a business in Pakistan:** A $10,000 wire loses $340, the corridor averages 2.14%, and the certificate decides the route. - **What a wire actually costs:** The full anatomy of $45 + $30 + $15 + 2.5%, itemized by who takes each fee and why. - **Mid-market rate, explained:** The rate on Google is the real one. A 2.5% markup on $10,000 is $250 you were never shown. ## Coming soon - **Paying contractors in Pakistan:** Rails, costs and compliance for the money going the other way. - **USDT for business payments, used as a dollar rail:** A stablecoin designed to track the US dollar, used as a rail. Settles in about 20 seconds, no exchange account. - **Agency payroll across markets:** Payroll is a calendar problem before it is a payments problem. What we got wrong building it. - **Why Mercury and PayPal left:** What is verifiable about 2024 and 2025, what was never explained, and what it means for you. - **Safeguarding vs deposit insurance:** One is a government guarantee up to a limit. The other keeps client money out of a lending book. - **IBAN vs account number vs routing number:** Which identifier your client needs, by country, and what a returned payment costs you. Figures are accurate as of September 2026 and sourced on each page. Benchmarks come from World Bank Remittance Prices Worldwide, published provider pricing, and US bank wire fee schedules. Plans start at $29 a month, and the pricing page states every fee in full. ## Common questions #### What does it cost to receive USD as a business in Bangladesh or Pakistan? A $10,000 SWIFT wire into a local bank account loses about $340: $45 to send, $30 to correspondent banks, $15 to receive, and about 2.5% hidden in the exchange rate. Money transfer operators average 7.65% on the US to Bangladesh corridor and 2.14% on US to Pakistan, per World Bank data. Through Fasset, the same $10,000 has a per-transfer price shown before you confirm and stated per plan on the pricing page. #### What is the mid-market rate? The mid-market rate is the midpoint between the buy and the sell price of a currency pair, and it is the rate published by search engines and financial data providers. Banks typically quote business customers 2 to 4% away from it while describing the transfer itself as fee free. On $10,000, a 2.5% markup is $250 that never appears as a fee. #### Why are Wise, Stripe, Mercury and PayPal not options in these markets? Wise Business does not open accounts for companies registered in Bangladesh or Pakistan, and Stripe does not operate in either market. Mercury restricted or closed accounts connected to a number of countries across 2024 and 2025, including businesses registered in Bangladesh and Pakistan. PayPal has never offered full business service in Bangladesh. These are availability facts, not statements about any individual customer. #### What is USDT and do I need to understand it to use Fasset? USDT is a stablecoin designed to track the US dollar, and Fasset uses it as a payment rail. It settles in about 20 seconds, at a per-transfer price shown before you confirm. You do not need an exchange account: you see dollars in, dollars out, with the rail handled for you. USDT is issued by a third party, and how closely it tracks the dollar depends on that issuer. #### Is Fasset a bank? No. Fasset Business is a technology platform, not a bank. Banking, payment and card services are provided by licensed third-party institutions in each market, and client funds are held at those institutions, separately from Fasset's own money. ## Open your account The application runs entirely online. Or walk through the product first, with sample data and no signup. - Open an account - See the demo Client funds are held separately from Fasset’s own.