Shield vs Slash for a foreign business paying suppliers abroad
Choose Shield when you pay a Brazilian supplier in reais by Pix key or bank account, or when you pay suppliers in USDT and buyers pay you in USDT.
- Choose Shield if you pay in BRL by Pix key or bank account, you pay out in EUR, BRL, COP and MXN, or you want the business credit card and Shield can form the US entity.
- Slash may suit you if you want a Global USD account and a card Slash says does not require a US LLC or EIN.
As of October 2026.
What differs for a foreign importer
Reais by Pix key or bank account
Pay suppliers in BRL by Pix key or bank account, and send EUR, COP and MXN payouts to the client's own foreign accounts. You can pay suppliers by ACH, and you can wire an overseas supplier. UAE suppliers can be paid by SWIFT USD wire, in AED, or in USDT. Slash names BRL inside "Slash supports 139 currencies for international wire transfers, including:" "BOB, BRL, BSD" (global payments). "You can send international wires in USD or in the recipient's local currency." (international payments). Pix as a payout: not stated. This page does not state a Shield per-payment limit.
EUR, COP, MXN and AED
Shield pays EUR, COP and MXN to the client's own foreign accounts, and a UAE supplier can be paid by SWIFT USD wire, in AED, or in USDT. Inside "Slash supports 139 currencies for international wire transfers, including:" the named codes include "ETB, EUR, FJD", "CNY, COP, CRC", "MWK, MXN, MYR" and "AED, ALL, AMD" (global payments). "Purpose code (required for some countries such as the UAE, India, and Pakistan)" (international payments). Mexico as a country of incorporation on the Latin America page: not stated. A USDT payment named only for the UAE: not stated.
USDT both ways
Yes. Pay suppliers in USDT and get paid by buyers in USDT. UAE suppliers can be paid in USDT. Slash also states it: "Send and receive USDC and USDT from your Slash dashboard." (business banking), "Pay vendors, contractors, or partners in USDC or USDT on 9+ networks." and "Counterparties send USDC or USDT on any supported network" (stablecoin payments), and "Yes. You can send and receive US-pegged stablecoins, including USDC, USDT, and USDSL, Slash's own stablecoin, through your Global USD account." (Global USD). On the standard platform, "Crypto and treasury features are not automatically included." (what you need to sign up). The international article says "To use this option, your business must have an approved Slash Crypto account." (international payments). "An on-ramp converts USD into a stablecoin for an outgoing payment; an off-ramp converts an incoming stablecoin into USD." (crypto fees).
Business credit card
The business credit card requires a US entity, and Shield can form that entity. Slash's regular card: "The regular Slash Card is a charge card issued by Column N.A. that settles daily out of an FDIC-insured business checking account, and it requires a U.S. entity." (Global Cards). "Only companies organized and registered in the United States may apply for an Account or use the Account or Card." (charge card agreement). The Global Card: "The Global Card is a Visa funded by your USDSL balance through Rain, with no U.S. entity required." "No LLC, no EIN required" "The experience is the same as a traditional debit card" (Global Cards).
What is Shield, and what is Slash?
- Shield
- Opening an account is subject to compliance review. Pay suppliers in BRL by Pix key or bank account, and send EUR, COP and MXN payouts to the client's own foreign accounts. You can pay suppliers by ACH, and you can wire an overseas supplier. UAE suppliers can be paid by SWIFT USD wire, in AED, or in USDT. Yes. Pay suppliers in USDT and get paid by buyers in USDT. UAE suppliers can be paid in USDT. The business credit card requires a US entity, and Shield can form that entity. "No upfront or maintenance fees; a percentage on international and FX payments, tiered by monthly volume. Our team confirms your exact rate." (the Shield vs Airwallex page). Shield Security, Inc. is a financial technology company, not a bank, and is a FinCEN-registered MSB. 2608 NW 72nd Ave, Miami, FL 33122. shieldfinancial.com.
- Slash, as of October 2026
- Slash, as its own pages describe it (pages checked 10/23/2026, as of October 2026): "Slash Financial, Inc. is a financial technology company, not an FDIC-insured bank." "Banking services are provided by Column N.A., Member FDIC." (Slash site). "Our full-featured business banking platform is available to US-incorporated entities only." "This encompasses users located within the U.S. as well as applicants abroad with a qualifying U.S. business entity." "Crypto and treasury features are not automatically included." (what you need to sign up). "if you are a legal entity formed and registered in the United States or a U.S. resident over the age of 18" (terms of service). "Designed for non-US companies that need US banking capabilities." "This product provides a US account with routing number along with payment rails, cryptocurrency transfers, and corporate cards." "The Slash Global USD Account is exclusively designed for foreign businesses that do not have a US-registered bank account or US-incorporated entity structure." (what you need to sign up). "No. Your Global USD account is a non-custodial crypto wallet." "Yes. You can send and receive US-pegged stablecoins, including USDC, USDT, and USDSL, Slash's own stablecoin, through your Global USD account." (Global USD). "Businesses incorporated in the following countries can create a Global USD account with Slash." "Create a Global USD account without a US entity, SSN or EIN." (Latin America page). Mexico as a country of incorporation on that list: not stated. "You can send international wires in USD or in the recipient's local currency." "Slash supports 139 currencies for international wire transfers, including:" "AED, ALL, AMD", "BOB, BRL, BSD", "CNY, COP, CRC", "ETB, EUR, FJD", "MWK, MXN, MYR" (global payments). Pix as a payout: not stated on the pages checked. "Send and receive USDC and USDT from your Slash dashboard." (business banking). "The regular Slash Card is a charge card issued by Column N.A. that settles daily out of an FDIC-insured business checking account, and it requires a U.S. entity." "No LLC, no EIN required" "The experience is the same as a traditional debit card" (Global Cards).
The same job in both products: pay a supplier in São Paulo in reais
On Shield
- Open the account. Opening an account is subject to compliance review.
- Add the supplier in São Paulo. Pay in reais by Pix key or by bank account.
- Pick the rail. You can pay by ACH or send a wire. You pay suppliers in USDT and buyers pay you in USDT.
- Confirm the rate before you send. Ask the team for the exact rate. Shield's published fee sentence is in the table.
The invoice has no amount on purpose. This page does not state a Shield per-payment limit. Pix as a Slash payout: not stated.
On Slash, as of October 2026
- See which product it is. "Our full-featured business banking platform is available to US-incorporated entities only." "Designed for non-US companies that need US banking capabilities." "The Slash Global USD Account is exclusively designed for foreign businesses that do not have a US-registered bank account or US-incorporated entity structure." (what you need to sign up).
- Read the agreement that applies. "if you are a legal entity formed and registered in the United States or a U.S. resident over the age of 18" (terms of service). "The Global Account is available only to legal entities using it for business purposes." "The Global Account is not currently available to entities based in New York or Alaska." (Global Account terms).
- Check reais. "Slash supports 139 currencies for international wire transfers, including:" "BOB, BRL, BSD" (global payments). "You can send international wires in USD or in the recipient's local currency." (international payments). Pix as a payout: not stated.
- Check USDT. "Yes. You can send and receive US-pegged stablecoins, including USDC, USDT, and USDSL, Slash's own stablecoin, through your Global USD account." (Global USD). "Crypto and treasury features are not automatically included." (what you need to sign up). "To use this option, your business must have an approved Slash Crypto account." (international payments).
Shield vs Slash, side by side
| Topic | Shield | Slash, as of October 2026 |
|---|---|---|
| Who can open an account | Most of our banking and payments products are available for foreign entities. Opening an account is subject to compliance review. | "Our full-featured business banking platform is available to US-incorporated entities only." "This encompasses users located within the U.S. as well as applicants abroad with a qualifying U.S. business entity." "Crypto and treasury features are not automatically included." (what you need to sign up). "if you are a legal entity formed and registered in the United States or a U.S. resident over the age of 18" (terms of service). "The Slash Global USD Account is exclusively designed for foreign businesses that do not have a US-registered bank account or US-incorporated entity structure." "U.S.-incorporated entities are not eligible to apply." (what you need to sign up). "Slash's Global USD is available exclusively to non-U.S. businesses" "No. Global USD is available to non-U.S. businesses." (Global USD). "Businesses incorporated in the following countries can create a Global USD account with Slash." Brazil and Colombia are on that list. Mexico as a country of incorporation: not stated. (Latin America page). "The Global Account is not currently available to entities based in New York or Alaska." (Global Account terms). |
| USD account details | US account and routing numbers. Receive and send wires and ACH. Pay suppliers by ACH. You can wire an overseas supplier. | "Businesses in 130+ countries can use Slash to hold dollar-based funds, send & receive ACH/Wire, and make stablecoin payments." "This product provides a US account with routing number along with payment rails, cryptocurrency transfers, and corporate cards." (what you need to sign up, Global USD). "Send and receive via wire, ACH, SWIFT, USDC, or USDT." "No. Your Global USD account is a non-custodial crypto wallet." (Global USD). "Open a business checking account online in minutes" "Apply in less than 10 minutes today" (business banking). "Hundreds of millions in FDIC insurance" (pricing). A routing number for the standard checking account, on the pages checked: not stated. |
| Local currency payments (BRL, MXN, COP, EUR, AED) | Pay suppliers in BRL by Pix key or bank account, and send EUR, COP and MXN payouts to the client's own foreign accounts. You can pay suppliers by ACH, and you can wire an overseas supplier. UAE suppliers can be paid by SWIFT USD wire, in AED, or in USDT. | "You can send international wires in USD or in the recipient's local currency." "Pay or charge international vendors in 32 currencies for a flat $25 fee." "Send and receive USD wires globally." (international payments, business banking). "Slash supports 139 currencies for international wire transfers, including:" "AED, ALL, AMD", "BOB, BRL, BSD", "CNY, COP, CRC", "ETB, EUR, FJD", "MWK, MXN, MYR" "Pay Vendors in 180+ Countries" "Leverage the SWIFT network to pay any international recipient with an eligible bank account." "Manage vendors or contacts on Slash and add destinations for Wire, ACH, SWIFT, and Crypto." (global payments). "Purpose code (required for some countries such as the UAE, India, and Pakistan)" "Slash currently supports sending international payments to 180+ countries via the SWIFT network." "International wire transfers typically settle within 1–3 business days" "International ACH transfers (Global ACH): Send credits that originate from the U.S. and settle on a foreign clearing house network." (international payments). "Slash lets you send and receive bank transfers using the Automated Clearing House (ACH) network as an option." "The Automated Clearing House is a U.S. banking network that facilitates interbank domestic transfers." "A payment where you initiate the transfer of funds from your account to someone else's." (ACH article). Pix as a payout: not stated. Mexico as a country on the Latin America list: not stated. |
| USDT | Yes. Pay suppliers in USDT and get paid by buyers in USDT. UAE suppliers can be paid in USDT. | "Send and receive USDC and USDT from your Slash dashboard." (business banking). "Pay vendors, contractors, or partners in USDC or USDT on 9+ networks." "Counterparties send USDC or USDT on any supported network" "USDT is supported on both Ethereum and Tron." (stablecoin payments). "Yes. You can send and receive US-pegged stablecoins, including USDC, USDT, and USDSL, Slash's own stablecoin, through your Global USD account." "Send and receive via wire, ACH, SWIFT, USDC, or USDT." (Global USD). "Slash also supports sending funds internationally using stablecoins (USDC and USDT)" "To use this option, your business must have an approved Slash Crypto account." (international payments). "Crypto and treasury features are not automatically included." (what you need to sign up). "For eligible users, Slash enables you to send USDC and USDT from your account." "An on-ramp converts USD into a stablecoin for an outgoing payment; an off-ramp converts an incoming stablecoin into USD." (crypto fees). USDT named only as a payment to a UAE supplier: not stated. |
| Business credit card | The business credit card requires a US entity, and Shield can form that entity. | "The Slash Platinum Card is a Visa® charge card issued by Column N.A." "Payment of account balance is due in full daily." "Slash Financial, Inc. is a financial technology company, not an FDIC-insured bank." "Banking services are provided by Column N.A., Member FDIC." (Slash site). "Each Card is a charge card that accesses an open-end credit account issued by us." "All charges made on this charge card are due and payable in full at the end of each 30-day billing cycle" "Only companies organized and registered in the United States may apply for an Account or use the Account or Card." "Company is solely responsible for all obligations under this Card Agreement." (charge card agreement). "The regular Slash Card is a charge card issued by Column N.A. that settles daily out of an FDIC-insured business checking account, and it requires a U.S. entity." "The Global Card is a Visa funded by your USDSL balance through Rain, with no U.S. entity required." "No LLC, no EIN required" "The experience is the same as a traditional debit card" "Yes. Global USD users have access to both physical and virtual cards through their Slash dashboard." "Global USD users have access to our Global Card product through their Slash dashboard." (Global Cards, Global USD). |
| Fees | "No upfront or maintenance fees; a percentage on international and FX payments, tiered by monthly volume. Our team confirms your exact rate." (the Shield vs Airwallex page). | Slash publishes different figures on different pages. Each figure is quoted from the linked page. "Starts at $0/month" "Same-day ACH transfers — $1" "Domestic wire transfers — $6" "Outgoing Fednow/RTP — $5" "International wire transfers — $25" "Foreign transaction fee (card) — 1% (min $0.4)" "Starts at $25/month" "Same-day ACH transfers — $0" "Domestic wire transfers — $0" "Outgoing Fednow/RTP — $0" "International wire transfers — $25" (pricing). "Slash charges a $25 international wire fee." "Most international payments, including USD and foreign currency transfers, are processed within 2 to 9 business days." "For domestic transfers, Slash offers free same-day ACH and wire options for Pro users." (global payments). "Free international ACH and international wires for Pro users." (wholesalers page). "ACH Transfers: Up to $1 fee per transfer." "Wire Transfers: Up to $30 fee per transfer." "SWIFT Transfers: Up to $30 fee per transfer." "Foreign Transaction Fee: Up to 1.5% for EUR/GBP/BRL/MXN/COP transfers." "Conversion Between USDC and/or EURC and fiat: Up to 1.75% fee." "Minimum Transfer Amounts: $1 USD; 1 USDC; 1 EURC; 20 USDT." (Global Account terms). "Slash charges a flat 1.5% fee for supported USDC and USDT on-ramps and off-ramps." "Fees vary based on your transaction volume and the specific stablecoins used." (crypto fees, stablecoin payments). "$0 - Free Plan" "$25 - Pro Plan" "$50 - Elite Plan" "3% of the unpaid amount due" "2% of each Transaction made in a foreign currency" "Either 1% of each Foreign Transaction in U.S. dollars or $0.40, whichever is greater." (charge card agreement). |
Moving your payments to Shield
Suppliers
Export the supplier name, country, Pix key or bank account, and currency from Slash before you close anything.
History
Download statements and payment records, and keep them.
Who pays you
If a buyer pays you in USD, give them the new account and routing numbers only after the Shield account is open.
Accounting
For card spend, "Shield cards include a QuickBooks integration, so transactions sync directly into your books." (Shield cards). Slash lists "Quickbooks bank feed" (pricing).
Test first
Send one small payment to a supplier you talk to often. Confirm what arrived, then move the larger invoices.
Rate
Ask Shield to confirm the rate before you move a month of volume.
Questions about Shield vs Slash
Is Shield a bank?
No. Shield Security, Inc. is a financial technology company, not a bank, and is a FinCEN-registered MSB. 2608 NW 72nd Ave, Miami, FL 33122. shieldfinancial.com.
Can a foreign entity use Shield?
Opening an account is subject to compliance review. The business credit card requires a US entity, and Shield can form that entity. The eligibility sentence is in the row for who can open an account.
How do I pay a Brazilian supplier in reais?
Pay by Pix key or by the supplier's bank account. You can also pay suppliers by ACH, and you can wire an overseas supplier. On Slash, Pix as a payout is not stated. BRL does appear on the wire-currency list in the table.
Can I pay suppliers in USDT and get paid by buyers in USDT?
Yes. You pay suppliers in USDT and buyers pay you in USDT. This is not a claim that nobody else offers USDT.
Does the business credit card need a US entity?
The business credit card requires a US entity, and Shield can form that entity.
How does Shield price international and FX payments?
"No upfront or maintenance fees; a percentage on international and FX payments, tiered by monthly volume. Our team confirms your exact rate." (the Shield vs Airwallex page). Slash's published fees are in the table above, and they do not match each other from page to page.
Does Slash state a Pix payout?
Not stated. We checked the site, the pricing page, the terms, the international-payments help, and the API docs.
How we compared
Shield wrote this page. Everything about Slash comes from Slash's own public pages (what you need to sign up, terms of service, Global USD, Latin America page, Global Account terms, global payments, business banking, international payments, ACH article, stablecoin payments, crypto fees, pricing, charge card agreement, Global Cards, wholesalers page, Slash site, API docs), checked 10/23/2026 and quoted with a link. Competitor facts are as of October 2026. Everything about Shield is limited to facts confirmed for this page in October 2026, plus Shield's published fee sentence. We did not open an account or send a payment with either product. Where a Slash page does not say it, we wrote "not stated". Slash's published fees are in the side-by-side table, and different pages publish different figures. This page does not state a Shield per-payment limit.
Price your supplier payments with our team
Tell us where your suppliers are and how much you send each month. We will walk you through how the payments would run on Shield.
Shield Security, Inc. is a financial technology company, not a bank, and is a FinCEN-registered MSB. 2608 NW 72nd Ave, Miami, FL 33122. shieldfinancial.com.