Alchemy Books uses Wise to send profit share payments to our international authors. Many authors find Wise offers a faster, simpler way to receive payments compared to traditional international wire transfers.
If you prefer to use your regular bank account, that works perfectly well too. This guide simply explains why many authors choose Wise.
Why Authors Choose Wise
Authors who use Wise typically benefit from:
Faster transfers
Wise-to-Wise transfers often arrive the same day. Traditional wire transfers can take 3-5 business days or longer.
Lower fees
Wise charges less than traditional international wire transfer fees charged by most banks.
Better exchange rates
Wise uses the mid-market exchange rate, which is typically better than bank exchange rates.
Simple setup
Opening a Wise account takes minutes, not days. No complicated paperwork or branch visits required.
Wide availability
Wise supports transfers to over 160 countries and 40+ currencies.
Getting Started with Wise
If Wise sounds right for you, getting started is straightforward:
Open an account: Visit Wise.com to sign up. The process typically takes just a few minutes.
Check availability: Confirm Wise supports your country using their supported countries list.
Learn more: Read about Wise's advantages for international transfers.
Using Your Traditional Bank
If you prefer to receive payments to your regular bank account, that's absolutely fine. We can send payments to traditional bank transfers.
The choice is yours. Use whichever method works best for your situation.