If you’re doing business globally, you need to be able to access money quickly, and not just in your home currency. Currencycloud enables you to hold funds in 34 different currencies.
The problem holding you back:
You’re frequently moving money across borders on behalf of yourself or your customers. You may be able to open a bank account in the country whose currency you wish to hold. However, there are often minimum balances and significant amounts of paperwork required just to open an account. When you move the money, it can be a costly and slow process. You’re looking for a tool that can give you access to multiple currencies, simply and efficiently, without involving huge costs and admin.
The solution
Currencycloud’s multi-currency account functionality gives you the ability to hold money in 34 different currencies and pay out in 37 different currencies. Move money across the globe hassle- free without needing to set up bank accounts in-country.
How it works
Once we’ve issued you with your unique currency accounts, simply top up your balances by making a bank transfer using the details provided through the Currencycloud Direct platform or the API. As soon as we receive the funds, they are credited to your corresponding currency accounts and are then ready to use for conversions or payments.