Pay the whole team in one run

Build the run once and approve it once. Payouts land as local transfers, which typically arrive quickly, with no correspondent bank taking a cut on the way.

Client funds are held separately from Fasset’s own.

June salaries
24 people, one approval, sent in one run
$38,420.00
24 of 24 sent, all on local rails
Four of the twenty-fourAmount
Product designerMonthly retainer, invoiced in USD $3,200.00
Backend engineerFull time contract, invoiced in USD $4,100.00
Frontend engineerFull time contract, invoiced in USD $3,600.00
DevOps engineerFull time contract, invoiced in USD $4,800.00

Illustrative payout run. Product screens and figures are illustrative.

One run, one approval

A run is a list of people, amounts and destinations. Duplicate last month, change what moved, approve. Nobody opens a bank portal twenty-four times.

People in one batch 24 Contractors, not employees of a local entity you had to open
Markets on local rails 6 SWIFT and USDT reach the rest from the same run
Paid as Local transfer Not a wire, so no inbound wire fee and no correspondent hop

Why the rail matters to the person being paid

A wire arrives smaller than it left. That is the difference between a contractor who stays and one who quietly raises their rate.

Local transfer The payout lands in their own bank in local currency. No inbound wire fee, no correspondent hop, no three-day wait while nobody can say where the money is.
Where local rails stop The same run can send on SWIFT, or on USDT, a stablecoin designed to track the US dollar, which settles in about 20 seconds. Each payout shows its price before you approve. The rail is handled inside the platform.
Funding the run Pay from the USD, EUR or GBP balance your clients already paid into. Conversion, where it is needed, is priced per plan and shown before you approve. See accounts and payments.

Payroll is part of every plan. Each payout carries the per-transfer price for your plan, stated in full on the pricing page.

Common questions

Where can I pay contractors?

Payouts land as local transfers across the markets we serve, and the same run can send on SWIFT or on USDT where local rails do not reach, each priced before you approve. One batch can mix all three rails. Availability is confirmed at signup, country by country.

What does contractor payroll cost?

Payroll is part of every plan, with features and per-payout pricing that differ by plan. Each payout shows its price before you approve the run, and each plan's fees, including any contractor seats, are stated in full on the pricing page.

Does my contractor pay a fee to receive their salary?

Not an inbound wire fee. The payout arrives as a local transfer in their own country, so there is no correspondent bank in the middle, and any fee their own bank charges on a local credit is set by that bank. Paid by wire, the same person typically loses a receiving fee plus a share of the markup inside the rate, which is why paid-by-wire contractors quote higher in the first place.

How do I open an account?

The application runs entirely online. You enter your company details, verify the people who own the business, and the account opens once those checks clear. Availability is confirmed at signup, country by country.

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, 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.

Client funds are held separately from Fasset’s own.