LiquidTrust Blog
Insights on payments, compliance, and building trust in digital marketplaces.
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What is an Intermediary Bank?
Learn about intermediary and correspondent banks, which act as a middleman for international wire transfers. Discover how they facilitate payments between countries, especially for currency conversions, and why they are crucial for smooth global transactions.
What are Intermediary Bank Fees?
Stop losing money to hidden intermediary bank fees on international wires. LiquidTrust eliminates wire, intermediary, and currency exchange fees—so your contractors and vendors get paid in full, fast, and in their local currency. Pay invoices worldwide securely and fee-free with LiquidTrust.
How to Pay Your International Vendors, Freelancers, and Suppliers
Paying overseas freelancers and vendors? This guide covers how to send international payments. Compare methods like wire transfers, PayPal, and other platforms. Learn about currency agreements, fees, and finding the most cost-effective way to pay your global team.
What are the State Compliance Requirements for Paying and Hiring Independent Contractors and Freelan
Discover state-by-state compliance rules for reporting independent contractors and freelancers. Learn which states require filings, why reporting exists, and how to avoid penalties. Stay compliant while managing contractors with LiquidTrust’s streamlined onboarding, payments, and reporting tools.
The Essential Guide to Worker Classification Tests by State
Unintentional worker misclassification can lead to big fines. Our guide explains the two main tests, Common Law and ABC Test, and which states use each one. Learn the factors for each test, how they differ, and why staying compliant is crucial for businesses.
Hiring Contractors vs. GEO / PEO / EOR Employees
Learn whether your business should hire international talent through a global PEO/GEO (Employer of Record) or directly as contractors. Explore the benefits, risks, and compliance issues of each option, plus how to manage freelancers worldwide with secure payments and streamlined onboarding.
Why You Should Transition Your Freelancers Off of Upwork
Learn why companies should move freelancer relationships off Upwork. Discover the benefits of direct contracts, reduced costs, flexible payment terms, and stronger partnerships. See how LiquidTrust helps streamline onboarding, invoicing, compliance, and global payments.
What are Payment Terms? What is NET 30?
Learn what payment terms like Net 30, Net 7, and Due Upon Receipt mean, how they impact cash flow, and why they matter for freelancers, vendors, and small businesses. Discover how to set and manage flexible payment terms in LiquidTrust to streamline invoicing and keep projects running smoothly.
8 Reasons You Shouldn’t Pay Your Freelancers Through Venmo
Think twice before using Venmo for business. Learn the risks of paying employees and freelancers with the app, from tax and compliance issues to commingling funds and a lack of detailed record keeping. Discover why a proper payment system is a safer, more reliable solution.