Solution introduction
Flex Collect is an all-in-one stablecoin, crypto and fiat payments product for multi-currency businesses
Managing a business in multiple fiat, stablecoin and other cryptocurrencies can be a complex challenge, but BCB Flex Collect helps streamline the process into a single operation
Flex Collect allows you to receive, send and store more than 20 fiat, stablecoin and other cryptocurrencies securely, with same day settlement and access to market-leading FX rates.
Flex Collect can manage remittances in all major fiat, stablecoin and other cryptocurrencies, including USD, EUR, CHF, JPY, GBP, USDC, BTC, ETH and XRP. Payments can be made through leading payment networks, including SWIFT, Fedwire, the UK’s Faster Payments System and the EU’s SEPA and Target2.
With Flex Collect, receipts from fiat customers arrive in your BCB fiat currency account while receipts from crypto customers arrive in your crypto account. All receipts can be exchanged at competitive rates into the currency or asset of choice.
Where required, stablecoins are used to bridge between currencies, speeding up settlement. The solution, backed by BCB’s regulated infrastructure and operations, removes the complexity of multi-asset payments for any global business.
