# Veem review (2026): is the free plan enough?

> Cross-border and domestic business payments with a wallet

Checked Nov 13, 2026 · graded Nov 13, 2026 by ToolGPA.

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.

- **Category:** Spend & Bill Pay
- **Made by:** Veem
- **Website:** https://www.veem.com
- **Runs on:** Web
- **Who should skip it:** Tight if you stay on Basic: US and Canada bank transfers cost $1 each.
- **Facts last checked:** Nov 13, 2026

## Pricing

As of Nov 13, 2026, Veem has a free plan, and paid plans start at $24.99 per month.

- **Pricing model:** Free plan
- **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 | $24.99 per 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 https://help.veem.com/veem-platform-pricing-update on Nov 13, 2026. Prices change, so confirm with Veem before buying.

## 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.

## Good for

- Small businesses paying overseas suppliers and contractors
- Teams that want payments reconciled into QuickBooks, Xero or NetSuite
- Businesses that need to receive international payments into a local bank account

## 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.

## ToolGPA grades

**GPA: 2.2 out of 4**, graded Nov 13, 2026. 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.

- **Value for money: C.** Premium 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.
- **Free plan and trial: C.** Basic 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.
- **Features: C.** International payments, a virtual bank account and wallet, a virtual card, invoicing and recurring payments. Mass pay, user roles and accounting integrations need Premium.
- **Ease of use: C.** No store rating on record. You set up a business account and add payees.
- **Platforms and integrations: B.** Web, with QuickBooks, NetSuite, Xero and Zapier. No phone or desktop app listed.

These are ToolGPA's own grades. 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.

## Where it 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.

The category's chart of price against score: https://toolgpa.com/charts/expenses

## Keep it, 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.

- You could make: Invoicing: an app builder makes this well.
- You could not: Money moved between bank accounts, which takes a licensed payments partner.
- You could not: Connections to other products, each kept working as those products change.
- You could not: Cards issued through a bank.

A judgement by ToolGPA from this listing, by rules that are the same for every tool. Nothing was built to test it.

## Works with

QuickBooks, NetSuite, Xero, Zapier

**Tags:** Bill pay, Invoicing, Workflow automation, Company cards

## Alternatives

- [Wise Business](https://toolgpa.com/tools/wise-business): Multi-currency business account for international payments. [Compare](https://toolgpa.com/compare/veem-vs-wise-business)
- [Airwallex](https://toolgpa.com/tools/airwallex): Multi-currency business accounts, cards, bill pay and expenses. [Compare](https://toolgpa.com/compare/airwallex-vs-veem)
- [Routable](https://toolgpa.com/tools/routable): Mass payouts, vendor onboarding and AP automation. [Compare](https://toolgpa.com/compare/routable-vs-veem)
- [BILL](https://toolgpa.com/tools/bill): Bill pay, invoicing and free company cards for small businesses. [Compare](https://toolgpa.com/compare/bill-vs-veem)
- [Tipalti](https://toolgpa.com/tools/tipalti): Accounts payable automation and global payouts. [Compare](https://toolgpa.com/compare/tipalti-vs-veem)

## Sources

The prices, plans, platforms and features above were read from these pages on Nov 13, 2026:

- https://help.veem.com/veem-platform-pricing-update
- https://help.veem.com/hc/en-us/articles/360033371254-veem-fees-and-timelines
- https://help.veem.com

Page: https://toolgpa.com/tools/veem
Listed by ToolGPA (toolgpa.com).