Direct Deposit Abroad: Expat and Non-Resident Solutions with Rebecca Mowat from Currencies Direct

The Essential Tax Podcast with Mishkin Santa, Season 2, Episode 18In this episode of The Essential Tax Podcast, Mishkin Santa speaks with Rebecca Mowat, Senior Partnerships Director, Currencies Direct. Currencies direct was established in 1996 and is headquartered in London, England. Rebecca is a transatlantic business leader specializing in partnerships and business development. She has over 20 years’ experience helping UK and US companies expand internationally. She originally came to the US via A2 Diplomat Visa while employed by the British government. She is currently based in Atlanta, Georgia.Tune in for these key takeaways:A discussion of how Currencies Direct can assist US individuals and businesses both domestic and abroad in minimizing financial losses due to exchange rates and simplifying the process of managing multiple international currencies.Insight into Executive Order 14247: Modernizing Payments To and From America’s Bank AccountInformation on how Currencies Direct can help a US or non-US person that does not have a US bank account to obtain a direct deposit for their IRS refund now that the IRS has ceased issuing paper checks for refunds.Information on how Currencies Direct can help a US or non-US person to submit an electronic payment to the IRS once the IRS implements their new protocol of only accepting payments via electronic methods.A discussion of different approaches to avoid some of the lengthy pitfalls surrounding giving and receiving FIRPTA payments.Information about the applicability of Currencies Direct’s accounts to unique structures like non-US trusts and Australian Superannuation Funds.Learn more about Rebecca Mowat & Currencies Direct: Connect with Rebecca on LinkedIn: https://www.linkedin.com/in/rebecca-mowat-2401602/Visit the FIRPTA page on Currencies Direct’s website: https://www.currenciesdirect.com/en-us/firptaFollow Currencies Direct on LinkedIn: https://www.linkedin.com/company/currencies-direct/Follow Currencies Direct on Facebook: https://www.facebook.com/currenciesdirectRegister for a no-fee Account & Preferential Rates with Currencies Direct: https://www.currenciesdirect.com/en-gb?afflno=0202110000823909&assetid=0000108Book a 30min Partnerships Meeting with Rebecca: https://calendly.com/rebecca-mowat/30min Further Resources:Link to Fact Sheet 2026-02: https://www.irs.gov/pub/taxpros/fs-2026-02.pdf Link to the Executive Order: https://www.whitehouse.gov/presidential-actions/2025/03/modernizing-payments-to-and-from-americas-bank-account/ ***********************************About The Essential Tax Podcast:In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that makes your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.Watch or listen to more episodes of The Essential Tax Podcast:YouTube: https://www.youtube.com/@TheWolfGroupPCApple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOfConnect and learn more from your host, Mishkin Santa:Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msantaFollow The Wolf Group on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pcRead Mishkin’s bio on The Wolf Group’s website: https://thewolfgroup.com/our-people/mishkin-santa