Multi-Currency Accounts
Collect incoming payments in 30+ currency accounts
We provide our clients with foreign currency accounts through Virtual IBANs, enabling them to manage cross-border payments efficiently. This setup allows you to collect payments locally and receive real time notifications for cleared payments.
Hold currency and use for outgoing payments
Pre-buy or hold foreign currency in your foreign currency accounts to manage cross-border payments efficiently. You can convert back into domestic currency or save for outgoing payables in that currency, thus saving on double FX costs. There is no need to convert funds back into USD if you need to send out payments in the same currency, and you can receive real-time notifications for all transactions.
Use incoming foreign payments for payables
Alternatively, use incoming funds held in your foreign currency accounts to facilitate cross-border payments and manage other foreign currency payments, supported by real-time notifications.