Multi currency business accounts for global payments
Multi-currency accounts built for fast international payments and smarter FX. FCA regulated. 70+ countries served.
Domestic and international transfers in 34 currencies
Make payments in 34 currencies via local and international payment networks with our foreign currency accounts.
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Instant currency exchange with transparent rates
Trade 38 currency pairs any time, including weekends and holidays with our online currency exchange.
Currency exchange
Pay and get paid like a local in key global markets
Send and receive payments around the world in the local currency using domestic payment networks with a local multi currency IBAN in the below regions.
United Kingdom
With a UK IBAN multi-currency account, you can send and receive GBP payments via the Faster Payments, CHAPS, and SWIFT networks.
USA
Send and receive instant USD payments like a US resident with a USD account and ABA routing number.
Danish IBAN
Send and receive local DKK payments and international payments in 34 currencies with a Danish IBAN.
EU IBAN
Access all the benefits of a European IBAN business account — no residency required.
Singapore
Access all the benefits of a Singapore business account — no residency required.
Hong Kong
Access all the benefits of a Hong Kong business account — no residency required.
Send, receive, and hold the following currencies with a multi-currency account from Payset.
Team management
Add any number of users to your account and set unique permissions for each.
Spending rules
Set unique transaction rules for each user based on volume or type.
Multi-signature
Assign requirements for team members to sign-off on certain transactions.
Send, receive payments to/from the following regions with a multi-currency account from Payset.
Why a Payset multi currency business account?
Personalised client support, high-volume payments, sophisticated security, excellent conversion rates.
Multi-channel customer support
Dedicated account manager for all business sizes
Local Account in USA, Europe, APAC
Multi-Currency Account
34
30+
25
7
90
17
100% Online application
Onboarding Assistance
FX Clarity
Transparent Fee Structure
Preemptive Transaction Analysis
Payment Operations Dashboard
Personalised support
Say goodbye to generic help and hello to personalised service that’s all about you and your business needs.
Knowledge
Our expertise saves you time and money on global payments.
Advice
Our live help and hints ensure smooth transaction processing.
Analysis
Detailed reports help you make informed decisions and optimize your finances.
Manage team spending like never before
Set co-signing permissions, manage individual team-member access, and control spending with our foreign currency accounts.
Spending control
Manage team permissions in a few clicks
Set unique access parameters for each team member with our permissions management tool.
Team access
Trusted by companies in diverse industries
Payset has earned the trust of companies around the world by tailoring our foreign currency accounts and services to the unique needs of each client.
"We manage multiple currencies, track payments, simplify reporting and pay our team in one simple dashboard. It's a huge time saver."
Jonathan Muyal, UK
Accountant & EOR Payroll Manager
Traffic Devils
50+ employees
Facilitating International Expansion for a Tech Startup
Client Profile: A Portuguese tech startup specializing in AI-driven solutions, aiming to expand into the US and Asian markets.
Challenge: The startup needed a reliable banking partner to manage cross- border transactions and support their international operations without the overhead of establishing local banking relationships in each new market.
Solution: Payset offered a virtual IBAN solution, providing the startup with local account details in multiple countries. This enabled them to receive payments from international clients as if they had a local bank account, simplifying their expansion process.
Outcome: The startup successfully launched operations in three new countries within six months, attributing their accelerated growth to the ease of financial transactions facilitated by Payset.
Supporting a Non-Profit Organization with Efficient Fund Management
Client Profile: An international non-profit organization based in Lisbon, operating humanitarian projects across Africa and South America.
Challenge: The organization struggled with managing donations and disbursing funds to various project sites, facing high transfer fees and delays.
Solution: Payset provided a centralized financial platform with multi- currency capabilities, allowing the organization to receive donations in different currencies and disburse funds efficiently to their global projects.
Outcome: The non-profit experienced a 30% reduction in transfer fees and improved the speed of fund allocation to their projects, enhancing their operational effectiveness and donor satisfaction.
Customer support is alway available. All payments are processed instantly without any delays.
NextTecnol Ltd.
Opened account for affiliate marketing activity, works smoothly, thorough compliance.
FN Media Ltd.
Works like a charm every time, great costumer support.
Forks OU
What is a multi-currency IBAN account?
A Payset multi-currency account allows you to send and receive money in 34 different currencies and exchange between up to 38 currency pairs, all within the same account.Â
You can deposit and withdraw funds, convert currencies at competitive exchange rates, and hold your chosen currencies to capitalize on market movements. Â
A Payset multi-currency account allows startups and business owners to receive payments from clients virtually anywhere in the world and pay suppliers, staff, and contractors quickly and affordably in their chosen currency.
- Account holders can send and receive money with other Payset users for free.
- Payset supports various payment networks, including SWIFT, SEPA, ACH, Fedwire, Faster Payments, BACS, and CHAPS.Â
- Once you register an account, you will be provided with a Virtual IBAN (International Bank Account Number), which makes all of these transfers easy.
- We support local payments in key regions. For example, transactions in USD, EUR, CAD, DKK, and GBP can be processed using a local IBAN, through the local payment networks, which is cheaper and faster than international payments.
Are there limits on the amount of money I can send and receive with a multi currency IBAN?
No, there are no transaction limits on Payset multi-currency accounts.
However, higher-volume transactions may require additional anti-fraud verification. If you plan to make a large transaction, contact us in advance to avoid verification delays.
Which currencies can I send and receive in my multi currency business account?
See the full list of our currency capabilities.
How does Payset ensure the security of my multi-currency account?
Payset employs advanced security measures including encryption, two-factor authentication (2FA), and continuous monitoring to protect your funds and personal information. Additionally, all transactions are processed through secure banking networks, ensuring your multi-currency account remains safe and compliant with international financial regulations.
How do I add new currencies to my Payset account?
To add a new currency to your Payset account, simply log in to your dashboard and click on the “Add Currency” option located next to your existing currency wallets. From the dropdown menu, select the desired currency, and a new wallet for that currency will be created. You can then start sending, receiving, and exchanging funds in that currency immediately.
Do you support Danish IBAN?
We provide Danish local DKK IBANS for companies. Click the link to read more information, or simply sign up.
How fast can my business account be opened?
Most Payset accounts are approved within 1–3 business days once all documents are verified.
Priority onboarding is available for regulated or time-sensitive businesses.
What documents do I need to open a Payset business account?
Visit our easy onboarding page for full details.
Do I get local IBANs for each currency?
Yes, we provide dedicated local IBANs for major currencies like EUR, GBP, and USD, allowing you to pay and get paid like a local in key markets.
Are there any setup fees?
Opening a Payset account is free.
Transparent pricing applies only to transfers and FX conversions — with no hidden charges.
Can I make SWIFT and SEPA transfers?
Yes. You can send and receive both SWIFT (international) and SEPA (EU) payments and additional local payment routes directly from your Payset account.
Is Payset a regulated financial institution?
Absolutely. Payset is an FCA-registered Electronic Money Institution (EMI).
Client funds are held in segregated safeguarding accounts with tier-1 banking partners.
Is there a minimum deposit or balance requirement?
No, there’s no minimum balance to maintain your account.
You can fund it as needed to process payments.
Open a multi currency business account
Join 3,000+ companies already managing global payments with Payset.
Fast onboarding • FCA regulated • Multi-currency ready