Hi h3cate, Thanks for your comment. There is nothing wrong with bank transfers, and I use this method myself. As explained in another comment, a bank wire is a great solution for domestic payments, but it can be very expensive for international ones. In a real scenario, if you require up to $1000, a tool like Wirize can be cheaper than a traditional bank wire, because it doesn't have fixed costs, and you pay just a small fee per transaction.

Do many staff have authority to make bank transfers? Are you suggesting they go to finance for every purchase?

Most don;'t have the authority to make large CC payments either if you're talking big corps.

SME to freelancer payment is much better with bank transfer. Way less skimmed off the top than CC.