Multi-currency IBANs
Multi-currency IBANs
Multi-currency IBANs are a game-changer for businesses engaging in international transactions. They allow companies to hold and manage multiple currencies under a single account, simplifying cross-border payments and reducing conversion costs. This flexibility can enhance cash flow management and improve operational efficiency.
Key Features include:
- Named, multi-currency IBANs issued by tier 1 banks.
- Catering to B2B, C2B, and B2C transactions.
- Supporting an extensive list of currencies including USD, CAD, EUR, GBP, CHF, CZK, DKK, HUF, NOK, PLN, RON, SEK.
- Payment rails include SWIFT, SEPA, FPS and more.
- Option to create virtual IBANs in the name of your customers.
- Capability to execute payouts to your clients or suppliers (in batch, cross currency payments).
- Batch payout technology (batches of 10k+).
- Crypto friendly bank accounts available, supporting on/off ramp.
- C2B bank accounts available for UK and Europe Open banking incoming deposits.
A Simple and Hastle-free Process
Faqs
Frequently Asked Questions
PayCentral offers a range of fintech solutions, including APMs, international payments, banking services, foreign exchange, and local payment methods to empower businesses. These are the most common asked questions related to PayCentral Multi-currency IBAN’s services.