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Technical Crew 

In today's interconnected global economy, receiving international payments has become essential for businesses and individuals alike. If you are based in the United States Emirates and seeking to receive international payments, this guide will provide you with a comprehensive understanding of the process. From setting up the necessary accounts to selecting suitable payment methods, we'll cover everything you need to know to streamline your international transactions.

## What is the right account for international transfers? 

To receive international payments, you'll need to have the appropriate accounts set up. Here are a few key accounts to consider:
a. Business Bank Account: If you are operating a business, it's crucial to have a dedicated business bank account to manage your finances efficiently. Choose a reputable bank that offers international payment services and supports multi-currency transactions.

b. Personal Bank Account: Individuals can use their personal bank accounts to receive international payments. Ensure that your bank facilitates international transactions and provides options for converting and holding foreign currencies.

c. PayPal or Similar Platforms: Online payment platforms like PayPal offer convenient ways to receive international payments. Set up an account and link it to your bank accounts to transfer funds securely.

## What are currency conversions?

When dealing with international payments, you'll encounter currency conversion. Familiarize yourself with the exchange rates and associated fees to make informed decisions. Consider using reputable currency conversion services or consult your bank to understand the costs and timing involved in converting funds from foreign currencies to your local currency.

## What information do I need for international money transfers?

To receive international payments, it is essential to provide accurate payment information. This information typically includes:

a. Bank Account Details: Provide your bank's name, account number, and any other required details for smooth fund transfers. Ensure the information is up to date and accurate to avoid any delays or complications.

b. Swift Code: The Society for Worldwide Interbank Financial Telecommunication (SWIFT) code is a unique identification code for your bank. Include this code when sharing your bank account information to facilitate international wire transfers.

## What are the available methods to tramsfer money 
Consider the following options when selecting payment methods for receiving international payments:
a. Wire Transfers: Wire transfers are a common method for international payments, allowing funds to be sent directly to your bank account. Be aware of any associated fees and the time it takes for the transfer to be completed.

b. Online Payment Gateways: Platforms like PayPal, Stripe, or Payoneer enable businesses and individuals to receive international payments securely. They offer easy integration options for websites and support multiple currencies.

c. Escrow Services: For high-value transactions, using an escrow service can provide an added layer of security. These services hold the funds until the transaction is completed, reducing the risk of fraud or non-payment.

## Compliance and Regulations:
Ensure you comply with relevant regulations and legal requirements when receiving international payments. Familiarize yourself with tax obligations, reporting requirements, and any applicable laws governing cross-border transactions. Consult a legal or financial professional if needed to ensure compliance.

## Communication and Documentation:
Maintain clear and consistent communication with your clients or business partners to avoid misunderstandings. Clearly state your preferred payment method, currency, and any specific instructions. Keep records of all transactions, including invoices, receipts, and proof of payment, for future reference and auditing purposes.


Receiving international payments in the United States Emirates is a straightforward process when you have the right accounts, understand currency conversion, and choose suitable payment methods. By following the steps outlined in this guide and staying informed about relevant regulations, you can optimize your international financial transactions and facilitate the growth of your business or personal endeavors.

Remember, it's always advisable to consult with financial professionals or experts who can provide personalized guidance based on your specific circumstances. With the right

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Looking for the best way to receive international payments? Technical Crew offers an instant, cheap and trusted solution to receive international payments from anywhere. 

Get a quote from us today. We guarantee to beat the rates offered by your bank.

Looking for the best way to receive international payments? 

Best way to receive international payments

Best way to receive international payments in the United Arab Emirates 

There are two reasons why you should be using [Technical Crew](https://technicalcrew.app/otc-desk) to transfer forex from one country to another:

**Time:** It takes less than a day and
**Cost:** Way cheaper than anyone else
**Security: ** All transfers are highly secure, and our payment gateway is easy to use.

[Technical Crew](https://technicalcrew.app/otc-desk) is head and shoulders above the competition in terms of forex rates, and speed of transfer.

Bear in mind that rates will change from day to day, but what will not change is the fact that Technical Crew will offer the fastest transfer times at the best rates.

## How do I transfer money with Technical Crew?

The first step is to open an account at [Technical Crew](https://technicalcrew.app/otc-desk) and then click on “Create Your Account”.

## Is Technical Crew regulated?
Technical Crew is an authorized **Financial Services Provider (FSP)** and regulated primary accountable institution with the **Financial Intelligence Centre (FIC).** We also hold a mandate from the SA Reserve Bank to facilitate international payments.

## What currencies can I transfer?
Whether you need to send money from the UK, Europe, the US, or from Africa — you can do it via Technical Crew 

We offer the ability to trade in 46 currencies worldwide, which means we cover pretty much the entire globe.




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Discover the best options you have for sending and receiving money across borders. 

Discover and compare the best online money transfer solutions

The Best Online Money Transfer Solution

The best online money transfer solution

## Starting out trading crypto
If you're looking to start trading crypto, you're not alone. Cryptocurrency trading has exploded in popularity in recent years, and for good reason: it offers the potential for high returns on investment. However, it can also be complex and risky, especially for beginners. In this guide, we'll cover everything you need to know about trading crypto, from the basics to the more advanced strategies.

### Which cryptos to trade
First, let's start with the basics. Cryptocurrencies are digital assets that use cryptography to secure transactions and control the creation of new units. Bitcoin was the first and most well-known cryptocurrency, but there are now thousands of different cryptocurrencies available. Some of the most popular ones include Ethereum, Ripple, and Litecoin.
### Chosing an exchange
To trade crypto, you'll need to first choose a crypto exchange. This is where you'll buy and sell cryptocurrencies. There are many different exchanges to choose from, each with its own fees, security features, and user interfaces. Some popular options include Luno, VALR, and Binance. 

Technical Crew offers an [OTC service](https://technicalcrew.app/otc-desk) where our traders can execute trades for you.
### Verify your account
Once you've chosen an exchange, you'll need to create an account and verify your identity. This usually involves providing personal information, such as your name, address, and government-issued ID.
### Deposit funds
Next, you'll need to deposit funds into your exchange account. You can typically do this using a bank transfer or a credit/debit card. Once your funds are in your account, you can start trading crypto.
### Trading strategies
When trading crypto, there are a few different strategies you can use. 
#### -> HODL
One popular strategy is called "HODLing," which simply involves holding onto your crypto for the long-term. This can be a good strategy if you believe that the price of your chosen cryptocurrency will increase in the future.
#### -> Day Trading
Another strategy is day trading, which involves buying and selling crypto within a single day. This can be a more risky strategy, as it requires you to closely monitor the market and make quick decisions.
#### -> Technical Analysis
Finally, you can also use technical analysis to help inform your trading decisions. Technical analysis involves analyzing charts and market data to identify patterns and trends.
Of course, there is much more to trading crypto than what we've covered in this guide. However, by understanding the basics and doing your own research, you'll be well on your way to trading crypto successfully.
### Takeaways
In conclusion, crypto trading can be a lucrative and exciting endeavor, but it's important to do your due diligence before jumping in. By following the tips and strategies outlined in this guide, you can start trading crypto with confidence. Good luck!


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Learn how to trade crypto like Bitcoin, Ethereum with our beginner's guide to digital currencies. All the info you need to get started.

Crypto to Trade: A Comprehensive Guide for Beginners

Payment remittance is simply the act of sending money from one person or organization to another as a payment for goods or services received. 

This transfer of money can be done using various methods, such as wire transfers, electronic funds transfers, credit card payments, and checks. 

## How does a remittance work?
Remittance works by transferring money from one person or organization to another. The process involves several steps:

### 1. The sender initiates the payment: 
The person or organization sending the money initiates the remittance process by providing the necessary information, such as the recipient's name, account number, and the amount to be sent.

### 2. The transfer of funds: 
The money is transferred using a chosen payment method, such as wire transfer, electronic funds transfer, or credit card payment. The sender's bank or payment service provider sends the money to the recipient's bank or payment service provider.

### 3. The receipt of payment: 
The recipient's bank or payment service provider receives the payment and verifies the details, including the recipient's account number and the amount received.

### 4. Reconciliation: 
The recipient reconciles the payment by verifying that the amount received matches the amount expected. Once verified, the payment is considered complete.

### How to send a remittance using Technical Crew 
1. Sign up
2. Submit your KYC information for approval
3. Lastly select the currency you wish to send and the bank details of the recipient. 

### The benefits of using Technical Crew remittance
1. **Money is received within 1 day.** The time it takes for the money to arrive in the recipient's account is less than 24 hours.
2. **You'll get the cheapest fees in the market**. We offer the most affordable service in the market and guarantee to beat your bank's rate.
3. **Peace of mind**. We offer a secure payment solution that ensures the funds land safely.







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Need to remit money somewhere in the world? Fivewest offers a fast, secure and cheap solution to your remittance needs.

Payment remittance is simply the act of sending money from one person or organization to another as a payment for goods or services received. 

What Is Payment Remittance?

In the ever-evolving world of cryptocurrencies, Over-the-Counter (OTC) trading has emerged as a popular alternative to traditional exchange-based trading. OTC crypto trading offers a range of benefits to investors and institutions, providing them with greater flexibility, liquidity, and privacy. In this post, we will explore what OTC crypto trading entails, how it works, and the advantages it brings to the table.

### What is OTC for Crypto?
OTC trading refers to the buying and selling of cryptocurrencies directly between two parties, without the involvement of a centralized exchange. Unlike regular exchanges where transactions occur on a public order book, OTC trades are executed through private negotiations. This allows investors to conduct large-scale transactions with customized terms and pricing, away from the scrutiny of the broader market.

### How Does OTC Trading Work?
OTC trading involves a bilateral agreement between a buyer and a seller, often facilitated by OTC brokers or desks. Here's a step-by-step breakdown of how OTC trading typically works:

1. Negotiation: The buyer and seller initiate discussions to determine the terms of the trade, including the quantity of cryptocurrencies, the price, and any other specific conditions they may wish to include.

2. Pricing and Quotes: OTC brokers or desks provide price quotes based on the prevailing market rates and the negotiated terms. These quotes take into account factors such as the size of the trade, market liquidity, and potential risks.

3. Trade Execution: Once the terms are agreed upon, the trade is executed, and the assets are transferred between the buyer and the seller. This can be done through the use of smart contracts, escrow services, or direct transfers between wallets.

4. Settlement: OTC trades often involve a settlement period where the parties involved ensure that all aspects of the transaction, such as payments and delivery of assets, are completed according to the agreed-upon terms.

### What Are the Benefits of Crypto OTC?
1. Enhanced Liquidity: OTC trading provides access to deep liquidity pools, enabling investors to execute large trades without significantly impacting the market price. This is particularly advantageous for institutional investors, hedge funds, and high-net-worth individuals who require substantial volume transactions.

2. Customized Trading: OTC markets allow for more flexibility in terms of trade structure and pricing. Parties can negotiate and customize the terms to suit their specific requirements, including block trades, dark pool trading, and execution at specific price levels.

3. Reduced Slippage: Slippage refers to the difference between the expected price of a trade and the actual executed price. OTC trading minimizes slippage as trades are executed at agreed-upon prices, mitigating the impact of market volatility and order book depth.

4. Enhanced Privacy and Security: OTC trading provides a higher level of privacy as transactions occur off-exchange. This can be appealing to investors who prefer to keep their trading activities confidential, preventing potential market manipulation or front-running.

5. Reduced Regulatory Hurdles: OTC trading can sometimes offer more lenient regulatory requirements compared to exchanges. This can be advantageous for institutional investors navigating complex regulatory frameworks, allowing them to trade more efficiently.

Conclusion:
Over-the-Counter (OTC) trading has gained significant popularity in the crypto industry, providing investors and institutions with an alternative avenue for executing large-scale trades. With its flexibility, enhanced liquidity, and privacy features, OTC trading offers numerous advantages over traditional exchange-based trading. As the cryptocurrency market continues to evolve, OTC trading is likely to remain a prominent part of the ecosystem, catering to the diverse needs of market participants.


OTC crypto trading offers a range of benefits to investors and institutions, providing them with greater flexibility, better liquidity, customized trading and privacy.

What is OTC for Crypto and how does it work?

## Trade altcoins safely and in size using the Technical Crew's OTC desk

Interested in altcoin trading in Dirham? The Technical Crew OTC Desk [Technical Crew OTC Desk ](https://technicalcrew.app/otc-desk) helps you trade altcoins with minimal slippage with the best fees. We offer coverage in all of the altcoins listed below.

Interested in learning more about Altcoins? We've got you covered with a overview of the top 10 altcoins for 2023.

### ETH (Ethereum)
#### Market cap (as of April 18, 2023): $547 billion USD
Ethereum is a decentralized, open-source blockchain platform that enables developers to build decentralized applications (dApps) on top of it. ETH is the native cryptocurrency of the Ethereum blockchain, used as a means of payment for transaction fees and as a medium of exchange for dApps. The outlook for ETH is generally positive, with its recent upgrades making it more efficient and capable of handling higher transaction volumes.

### BNB (Binance Coin)
#### Market cap (as of April 18, 2023): $128 billion USD
Binance Coin is the native cryptocurrency of the Binance blockchain platform, which is primarily used for trading cryptocurrencies and paying transaction fees on the Binance exchange. BNB has also been used to launch several decentralized finance (DeFi) projects on the Binance Smart Chain. The outlook for BNB is positive, as Binance continues to expand its services and launch new products and features that are likely to drive demand for BNB.

### XRP (XRP)
#### Market cap (as of April 18, 2023): $54 billion USD
XRP is the native cryptocurrency of the XRP Ledger, which is a decentralized blockchain network that is designed to facilitate cross-border payments and remittances. XRP is often used by banks and financial institutions to settle international payments quickly and at a low cost. The outlook for XRP is somewhat mixed, as it has faced regulatory challenges in some jurisdictions, but also has a strong use case in the global remittance market.

### ADA (Cardano)
#### Market cap (as of April 18, 2023): $123 billion USD
Cardano is a decentralized blockchain platform that aims to provide a more secure and sustainable infrastructure for decentralized applications and smart contracts. ADA is the native cryptocurrency of the Cardano blockchain, used for payment and settlement of transactions on the network. The outlook for ADA is positive, as the Cardano team continues to develop and roll out new features and improvements to the network.

### DOGE (Dogecoin)
#### Market cap (as of April 18, 2023): $18 billion USD
Dogecoin is a cryptocurrency that was created as a lighthearted joke, but has gained a significant following due to its meme-inspired branding and community. Despite its popularity, DOGE lacks a clear use case and its value is largely driven by speculation. The outlook for DOGE is uncertain, as its price is highly volatile and influenced by social media trends.

### MATIC (Polygon)
#### Market cap (as of April 18, 2023): $30 billion USD
Polygon (formerly Matic Network) is a layer 2 scaling solution for Ethereum, designed to improve the speed and scalability of the Ethereum network. MATIC is the native cryptocurrency of the Polygon network, used for payment of transaction fees and governance. The outlook for MATIC is positive, as it continues to gain traction as a popular alternative to Ethereum for building decentralized applications.

### SOL (Solana)
#### Market cap (as of April 18, 2023): $155 billion USD
Solana is a high-performance blockchain platform that is designed to process transactions quickly and at low cost. SOL is the native cryptocurrency of the Solana network, used for payment of transaction fees and as a medium of exchange. The outlook for SOL is positive, as it continues to gain adoption among developers and investors due to its fast transaction processing times and low fees.

### DOT (Polkadot)
#### Market cap (as of April 18, 2023): $45 billion USD
Polkadot is a next-generation blockchain platform that aims to enable cross-chain interoperability between different blockchains. DOT is the native cryptocurrency of the Polkadot network, used for payment of transaction fees and governance. The outlook for DOT is positive, as the project is still in its early stages and has a lot of potential to enable more seamless communication between different blockchain networks.

### LTC (Litecoin)
#### Market cap (as of April 18, 2023): $12 billion USD
Litecoin is a cryptocurrency that was created as a fork of Bitcoin, with faster transaction times and lower fees. LTC is used for payment and settlement of transactions on the Litecoin network. The outlook for LTC is somewhat mixed, as it has faced increased competition from other fast and low-cost cryptocurrencies, but still has a strong following and use case for peer-to-peer transactions.

### AVAX (Avalanche)
#### Market cap (as of April 18, 2023): $22 billion USD
Avalanche is a blockchain platform that aims to provide high-speed, low-cost transactions and smart contracts. AVAX is the native cryptocurrency of the Avalanche network, used for payment of transaction fees and governance. The outlook for AVAX is positive, as the project continues to gain adoption among developers and investors due to its fast transaction processing times and low fees, as well as its support for interoperability with other blockchain networks.

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Use Technical Crew to trade Altcoins like ETH, BNB and XRP safely and in size with  Dirham

Use Technical Crew to trade Altcoins like ETH, BNB, and XRP safely and in size with Dirham

Altcoin Trading 2023

Altcoin Trading

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Ciaran Ryan 

Over-The-Counter or "OTC" desks are nothing new in financial markets. An OTC desk is a platform where individuals or institutions can buy or sell cryptocurrencies directly with each other, without going through a traditional exchange. OTC desks act as intermediaries between buyers and sellers, providing them with liquidity and facilitating large trades that may not be possible or practical on a public exchange.

In the crypto market, OTC desks fulfil the same function, and one of the largest in the United Arab Emirates is operated by Technical Crew. 

CEO Omer Iqbal answered the question , _Why crypto investors should consider buying or selling cryptos through an OTC desk rather than a crypto exchange._

> “OTC desks are really like private banks, where people who want to place large orders can do so discreetly and get the orders filled rapidly without having to break them up into smaller bite-sized chunks, which creates price slippage,” Iqbal says.

“Our OTC desk is not for everyone. Most people wanting to buy small amounts of bitcoin, ether, or other cryptos will do so through a crypto exchange. Bigger orders would be better placed through an OTC desk such as ours,” he adds.

### Who are the typical customers of OTC desk services?

Iqbal says these are institutional and high net worth clients for the most part, who might want to keep their orders away from the prying eyes of traders on crypto exchanges.

“We’ve got vast expertise in handling large crypto trades, so that minimises any potential price slippage that could occur on an exchange,” says Iqbal.

He says Technical Crew is more properly described as a fintech company than a crypto services provider – though it does that too. Apart from the OTC desk, it offers clients treasury solutions (storing company cash reserves in US dollar-backed stablecoins to protect against currency depreciation) and recently launched Blockshop, a crypto payment gateway solution.

Are there any other good reasons to trade cryptos through an OTC desk rather than a normal exchange?

In fact, there are seven good reasons, says Iqbal.

## 7 reasons why you should buy cryptos through an OTC desk rather than an exchange

### 1. Minimise price impact:
Technical Crew's crypto OTC desk provides greater liquidity compared to traditional exchanges. This is particularly beneficial for institutional investors and high net-worth individuals who may be looking to conduct large trades without affecting the market price. Normal exchanges typically
lack the liquidity to execute sizable transactions smoothly.

### 2. Reduced slippage: 
Slippage is the difference between the expected price of a trade and the executed price, and it can significantly impact the profitability of a transaction. Someone wanting to purchase (or sell) 50 or 100 bitcoin on a normal crypto exchange may wait days for that order to be fully executed, and it would be filled at many different prices.

### 3. Faster settlement times: 
Technical Crew offers expedited settlement times, ensuring that your trades are completed swiftly and securely. Traditional exchanges can sometimes experience delays in settling trades due to operational and other inefficiencies. This can be frustrating for clients trying to capitalise
on time sensitive market opportunities. Iqbal says Technical Crew&#39;s OTC desk offers expedited settlement times, meaning trades are cashed up and the proceeds (whether in cash or crypto) secured in record time.

### 4. More settlement options: 
Relying on its own facilities and partner network, Technical Crew is able to settle trades in different global currencies, or cryptocurrencies, across any blockchain.

### 5. Enhanced privacy: 
For institutions and high net worth individuals, confidentiality is crucial when it comes to cryptocurrency trading. By using the OTC desk, large transactions will be kept off public order books, which means trading activity remains discreet and less susceptible to being targeted by other
market participants.

### 6. Customised solutions: 
Clients have different reasons for acquiring or selling cryptos, and many need personalised service and individualised trading solutions. This level of customisation is not available on traditional exchanges, where you are limited to pre-defined trading tools and interfaces.

### 7. Access to experts: 
Technical Crew has arguably the largest pool of crypto talent in SA, and that’s a critical lever when it comes to developing a crypto trading strategy. Clients also require specialised insights into the broader crypto ecosphere, such as tax and legal implications, the risk profile one can expect when investing in cryptos, and the evolving number of uses for cryptos.




An OTC (over-the-counter) desk is a platform where individuals or institutions can buy or sell cryptocurrencies directly with each other, without going through a traditional exchange. OTC desks act as intermediaries between buyers and sellers, providing them with liquidity and facilitating large trades that may not be possible or practical on a public exchange.

An OTC desk is a platform where individuals or institutions can buy or sell cryptocurrencies directly with each other, without going through a traditional exchange. 

What is an OTC Desk 

What is an OTC Desk? 

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