What if my investor can’t wire in the currency I’m raising in?
Odin only supports investor transfers in the same currency the investee company is raising in. If your deal is denominated in USD, investors must wire in USD by the platform.
If your investor doesn’t have a bank account in the currency of the deal, and is struggling with FX, our recommendation is that they quickly create a new account with an e-money provider like Wise or Revolut, and then wires their payment from that account in the correct currency.
Both Wise and Revolut offer fair FX fees, but our recommendation is mainly down to how quick and simple they are to set up accounts with. This can be important if there are tight deadlines by which they need to make their transfer.