Veem review (2026): is the free plan enough?
Cross-border and domestic business payments with a wallet
Black Friday: is there a Veem sale?
Veem report card
Fair · out of 4.0 · graded Nov 13, 2026
Best for sending business payments across borders
Veem sends and receives business payments by bank transfer, wire, check or card, with a wallet, a virtual account and a virtual card. The Basic plan is free but each domestic bank transfer costs $1, and Premium at $24.99 a month unlocks free transfers, mass pay and accounting links.
Who Veem is for
- Fits if you pay overseas suppliers or contractors by wire, check or card
- Works for businesses that want a virtual card and a multi-currency wallet
Who Veem is not for
- Tight if you stay on Basic: US and Canada bank transfers cost $1 each
- Pricey if you pay by card, at 3.5% with a $3.50 minimum on business US credit cards
- Watch out: mass pay, user roles, reminders and accounting integrations need Premium
- Watch out: Veem's main site showed a bot check, so these prices come from its help center pages dated 2025
Why Veem gets a 2.2
Five grades, each with its reason. The GPA is their average: an A is 4 points, an F is none.
- CValue for moneyPremium is $24.99 a month ($34.99 CAD). That's between the expense category's middle at $12 and its dearer quarter at $29.90, and each payment carries its own fee on top.
- CFree plan and trialBasic is free, but US and Canada bank transfers cost $1 each and card payments cost 3.5%. New users get Premium free for 30 days.
- CFeaturesInternational payments, a virtual bank account and wallet, a virtual card, invoicing and recurring payments. Mass pay, user roles and accounting integrations need Premium.
- CEase of useNo store rating on record. You set up a business account and add payees.
- BPlatforms and integrationsWeb, with QuickBooks, NetSuite, Xero and Zapier. No phone or desktop app listed.
What these grades rest on. Graded from this listing, whose facts were read from Veem's own pages on 13 November 2026. Not based on using the product, and shorter than our full reviews. How we review and grade.
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<a href="https://toolgpa.com/tools/veem#review"><img src="https://toolgpa.com/badge/veem.svg" alt="Veem: 2.2 GPA on ToolGPA" width="196" height="56"></a>Where Veem stands among spend and bill pay tools
Veem's GPA of 2.2 is higher than 46 of the 76 other spend and bill pay tools we grade, and level with 8.
It stands best on platforms and integrations (B, above 18 of 76) and worst on ease of use (C, above 0).
Its paid plans start at $24.99 a month, against a middle price of $12 for the category: 26 of the 36 others that charge start lower.
On features, ease of use and platforms it scores 2.3 out of 4. 14 tools score higher and cost less.
Each grade against the category
Every bar is all 77 spend and bill pay tools we grade, cut by the letter each got. Veem’s own letter is outlined.
- CValue for moneyAbove 5 of 76, level with 55
- CFree plan and trialAbove 45 of 76, level with 16
- CFeaturesAbove 4 of 76, level with 56
- CEase of useAbove 0 of 76, level with 64
- BPlatforms and integrationsAbove 18 of 76, level with 57
Price against what you get
Each dot is one of 39 spend and bill pay tools. Further left costs less, and higher up scores better on features, ease of use and platforms. Point at a dot to see which tool it is.
Features, ease of use and platforms, averaged
What paid plans start at, a month (each step along is roughly double) →
- The best score at each price
- Has a free plan
- No free plan
Keep Veem, or make your own?
Keep it
To replace Veem you would be making money moved between bank accounts, which takes a licensed payments partner. That is not a weekend's work, with an AI app builder or without one.
It costs $299.88 a year.
What you could make
- Invoicing: an app builder makes this well.
What you could not
- Money moved between bank accounts, which takes a licensed payments partner.
- Connections to other products, each kept working as those products change.
- Cards issued through a bank.
What this rests on. Veem’s listing: what it does, where it runs, what it plugs into and what it costs. It is a judgement about the kind of software this is. We have not built a replacement for it, and making your own means looking after it too. How we decide, and every tool’s verdict.
What is Veem?
Veem is a business payments service for sending and receiving money domestically and across borders by bank transfer, international wire, check or card. It also offers a multi-currency wallet, a virtual bank account and a virtual card. A free Basic plan and a paid Premium plan set the platform fee, and each payment carries its own fee.
Worth knowing
- Veem's main site returned a bot check when read, so prices and fees come from its help center pages, which date from 2025 updates.
- Per-payment fees apply: business US credit card payments cost 3.5% (minimum $3.50), and same-day bank transfers cost 0.5%.
- Basic-plan bank transfers cost $1 each, and Basic users paying by card pay 3.5%.
- Several features, including mass pay, user roles and accounting integrations, need Premium.
Key features
- International payments
- Send by international wire in local currency, by bank transfer, by check in the US, or by card, in 1 to 6 business days depending on the country.
- Virtual bank account and wallet
- A local bank account in your name and a wallet that holds funds in up to 15 currencies, with FDIC insurance as described in the help center.
- Virtual card
- A virtual card for spending funds, which the help center says is accepted by over 150 million merchants.
- Invoicing and recurring payments
- Request payments, create invoices and schedule recurring payments and invoices, with payment tracking and reports.
- Accounting integrations
- Premium syncs and reconciles payments with bookkeeping partners and supports Zapier, QuickBooks, NetSuite and Xero.
Veem pricing
As of Nov 13, 2026, Veem has a free plan, and paid plans start at $24.99 per month.
- Starts at
- $24.99 per month
- Free plan
- Basic plan: free platform fee, but domestic bank transfers cost $1 each and some features are Premium only.
- Free trial
- New users get Premium free for 30 days (users who joined on or after Jan 1, 2025).
| Plan | Price | What you get |
|---|---|---|
| Basic | $0 | Pay and get paid by international wire, check, card and wallet, with recurring payments and invoices. No free bank transfers in the US and Canada. |
| Premium | $24.99per month | Adds free ACH/EFT bank transfers in the US and Canada, mass pay, user roles, payment reminders and accounting integrations. $34.99 CAD for Canadian clients. |
Read from help.veem.com on Nov 13, 2026. Prices change, so confirm with Veem before you buy.
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Common questions
Does Veem have an Android app?
No Android app was listed when its pages were read on Nov 13, 2026. Veem is listed for Web.
Does Veem have an iPhone app?
No iPhone app was listed when its pages were read on Nov 13, 2026. Veem is listed for Web.
Is Veem open source?
Veem is not described as open source on its own site, as read on Nov 13, 2026.
Sources for this page
The prices, plans, platforms and features above were read from these pages on Nov 13, 2026.