Consolidate Global Finances with a Multi-Currency Business Account
One platform. Every currency. Complete control.
One platform. Every currency. Complete control.
Consolidate with Master Virtual Account
Full Visibility and Centralised Control
Gain a 360-degree oversight of your cash position, inflows, and outflows across all accounts and currencies from one platform. Real-time insights help you streamline reconciliation, improve cash flow management, and optimise working capital.
Faster Settlements with Local Payment Rails
Fyorin’s platform provides you with in-platform, direct access to Tier 1 banks, allowing you to process payments through domestic rails such as SEPA, ACH, and Faster Payments. Minimise delays, reduce reliance on correspondent banking, and cut costs on every transaction
Global Reach
Why Choose Fyorin’s Multi-Currency Business Account?
Testimonials
Transform Your Multi-Currency Financial Operations
Fyorin’s multi-currency business account is your ultimate solution for consolidating multi-currency transactions, reducing complexity, and maximising cash visibility. By managing all global banking activities from one platform, you can save time, cut costs, and expand to new markets faster.
FAQ
What is a multi-currency business account?
A multi-currency business account is a type of business account that allows companies to hold, send, and receive funds in multiple currencies. This is particularly beneficial for businesses that operate internationally or have clients and suppliers in different countries. With a multi-currency account, businesses can manage their business finances more effectively by mitigating the risks associated with currency exchange fluctuations and reducing conversion fees.
How do I open a multi-currency business account?
To open a multi-currency business account, you typically need to choose a provider that offers this service, such as Fyorin. Once your application is approved, and you're onboarded you can start using your multi-currency account to open virtual bank accounts with dedicated IBANs in 100+ to send and receive payments.
What are the benefits of using a multi-currency business account?
Using a multi-currency business account provides several advantages, including the ability to hold funds in different currencies, which helps businesses avoid unnecessary currency exchange fees. Additionally, it allows you to manage international payments seamlessly, send money across borders efficiently, and receive funds from foreign clients without the hassle of converting currencies. This can enhance your business’s cash flow and make international transfers simpler and more cost-effective.
What currencies can I hold in a multi-currency business account?
A multi-currency business account generally allows you to hold a variety of currencies, including major currencies like USD (US Dollar), EUR (Euro), and GBP (British Pound), as well as others like CAD (Canadian Dollar). Fyorin provides access to 100+ currencies and 200 countries from a single platform.