What you should expect from a multi-currency account
Your international payments infrastructure should accelerate growth, not complicate it
A multi-currency account is your consolidated gateway to international finance. A single platform that allows you to hold, send, and receive funds in multiple foreign currencies without the complexity and cost of maintaining separate banking relationships in each market.
The Core Benefits
Simplified
payments
Eliminate the need for multiple bank accounts across different countries. Pay suppliers in their local currency, receive customer payments in yours, and manage it all from one intuitive platform.
Reduced
FX costs
Reduce costs from holding funds in their native currencies until you actually need to exchange them. You convert on your terms, not the bank's schedule, avoiding unnecessary conversion fees and inflated spreads.
Streamlined
econciliation
Transform the nightmare of managing transactions across multiple accounts, currencies, and time zones into manageable reporting from a single dashboard.
How multi-currency accounts work
The elegance of multi-currency accounts lies in their simplicity. Complex global banking infrastructure hidden behind intuitive functionality.
Multi-currency accounts operate through virtual IBANs and account numbers for different currencies, all linked to a master account structure. It’s like having dedicated currency wallets within a single banking relationship. Each currency maintains its own virtual space while sharing the same platform and management interface.
Sending and receiving
Funds are credited directly to the appropriate currency wallet (euros to your EUR account, dollars to your USD account). Outgoing payments are debited from the specific currency wallet you're paying from. No forced conversions, no surprise fees, no confusion about which funds you're using.
Conversions on your terms
Currency exchange happens only when you decide it should happen. Need to convert euros to pounds? Execute at competitive rates when market conditions suit your strategy. Want to hold dollars until next quarter? Keep them exactly where they are. The conversion trigger is your decision, not an automatic banking process.
Local Routing. Faster, cheaper payments.
Payments sent in local currencies route through domestic banking networks, arriving faster and costing less than traditional correspondent banking. Your EUR payment to Germany moves through European networks, while your USD payment to America routes through US domestic systems, at local speeds and prices.
Businesses that need a multi-currency account
If your business operates across borders, your banking should too. Seamlessly, efficiently, and without the traditional complications.
Businesses engaged
in international trade
Exporters, importers, and e-commerce businesses all face the same challenge: traditional banking wasn't designed for their international reality. Multi-currency accounts let you receive customer payments in their preferred currency while paying suppliers in theirs, all without conversion chaos or multiple banking relationships.
Companies with
overseas payroll.
International expansion shouldn't mean managing seventeen different banking relationships to pay seventeen different teams. Multi-currency accounts streamline global payroll from an administrative nightmare to a routine operation. Pay your London team in pounds, Singapore office in dollars, and Mumbai developers in rupees from one platform.
NGOs &
Non-profits.
Charitable organisations need donor funds to reach recipients, not disappear into banking fees. Multi-currency accounts ensure maximum charitable impact by minimising conversion costs and banking friction across frontier markets where every pound matters most.
Institutional
investors
Portfolio management across multiple jurisdictions requires infrastructure that matches investment sophistication. Multi-currency accounts provide seamless movement between markets without traditional friction that erodes returns and complicates rebalancing.
How to choose a multi-currency partner
Your multi-currency banking partner holds the keys to your international operations.
The right multi-currency partner doesn't just process your international payments; they strengthen your entire global operations infrastructure.