Multi-Currency Account For Business

Our multi-currency business IBAN solutions allow your organisation to send and receive funds in 34 different currencies. Gain real-time access to competitive international exchange rates and streamline your international payment systems.

get started

Key Features

Our multi-currency business accounts have a number of key features to help enterprises excel when it comes to international payments:

Globally icon

Global fund transfer

Transfer funds to traditional bank accounts all over the world, with high-speed and low transfer funds.

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Minimal conversion fees

Enjoy minimal transfer fees with every transaction. All of our fees are transparently displayed during the exchange process.

Instant

Free instant payments

Enjoy free instant payments to other Payset users.

variety

Currency diversification

Send and receive 34 separate currencies at competitive exchange rates.

Methods

Numerous payment networks

Transfer funds using a payment network of your choice, including CHAPS, Target2, SWIFT, SEPA, and more.

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Unmatched security

Funds are stored in a segregated client account within a leading European credit institution, ensuring robust security and full regulatory compliance.

How our multi-currency IBAN works

Get started with a Payset multi-currency business account in 3 easy steps:

1.

Register with us

Once you’ve registered your business with us, our team will set up your multi-currency IBAN within 72 hours.

2.

Distribute your account information

Provide your account information to your clients and suppliers to transfer funds.

3.

Get started!

Manage your global expenses within our online portal or exchange currencies at competitive rates.

Businesses We Serve

payroll icon

Global payroll

  • Pay employees, freelancers, and suppliers with low transfer fees
  • Make payments in 38 separate currencies
  • Ensure full regulatory and tax compliance
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Ecommerce

  • Send and receive payments in 34 currencies
  • Easily withdraw from and deposit money into your IBAN account
  • Enjoy free transfers to and from other Payset users
Freelancer icon

Freelancers

  • Accept payments from international clients
  • Enjoy minimal transfer fees
  • Withdraw funds to your traditional bank account
Affiliate Icon

Affiliate programs

  • Pay affiliate partners in their native currency
  • Track all payments from a user-centric dashboard
  • Leverage reporting features
Startup icon

Start-ups

  • Send and receive payments in up to 38 currencies
  • Enjoy minimal transfer fees
  • Manage all payments from one user-centric dashboard
Market icon

Marketplaces

  • Accept international payments with low transfer fees
  • Receive international payments in your native currency
  • Manage payments from multiple marketplaces
Import export icon

Import/Export

  • Send & receive payments in up to 38 currencies
  • Pay staff and suppliers via multiple payment networks
  • Make cross-border payments with fast execution
B2B Payments

B2B payments

  • Easily pay suppliers and partners
  • Make and receive payments in up to 38 currencies
  • Send free transfers to/from Payset accounts
Small Businesses

Small businesses

  • Pay and get paid in up to 38 currencies
  • Pay staff instantly for low or no fees
  • Open up international markets

Businesses we serve

payroll icon

Global payroll

  • Pay employees, freelancers, and suppliers with low transfer fees
  • Make payments in 38 separate currencies
  • Ensure full regulatory and tax compliance
Pointer icon

Ecommerce

  • Send and receive payments in 34 currencies
  • Easily withdraw from and deposit money into your IBAN account
  • Enjoy free transfers to and from other Payset users
Freelancer icon

Freelancers

  • Accept payments from international clients
  • Enjoy minimal transfer fees
  • Withdraw funds to your traditional bank account
Affiliate Icon

Affiliate programs

  • Pay affiliate partners in their native currency
  • Track all payments from a user-centric dashboard
  • Leverage reporting features
Startup icon

Start-ups

  • Send and receive payments in up to 38 currencies
  • Enjoy minimal transfer fees
  • Manage all payments from one user-centric dashboard
Market icon

Marketplaces

  • Accept international payments with low transfer fees
  • Receive international payments in your native currency
  • Manage payments from multiple marketplaces
Import export icon

Import/Export

  • Send and receive payments in up to 38 currencies
  • Pay staff and suppliers via multiple payment networks
  • Make cross-border payments with fast execution

I wanted to express my appreciation for the successful cooperation between my firm and Payset. I would like to point out in particular the professionalism, the manner in which requests are handled, the quick response time and the satisfaction of the clients. I strongly believes that we will continue to move forward and create many collaborations in the future

Cpadvice
Asaf and the team
CPADVICE LTD
/ 01
02
03
04
Rating star

The experience of using PaySet account was really interesting. It is one of the most ergonomic systems I have ever used. Support provided is fast and enquires are resolved in no time. I am very satisfied for using this account! Keep going guys!

Lytria
Christina Loizou
Accountant at Lytria
01
/ 02
03
04
Rating star

Through our experience with Payset we are happy to say the services provided were accommodated to our needs perfectly and were performed professionally. The support and customer care is fast and efficient, no question or request is left unanswered or unresolved. 10/10

Canadap
Victoria
Payments and Risk Manager, CanadaP LTD
01
02
/ 03
04
Rating star

For the past year, we have worked hand in hand with Payset Limited to assist us with numerous payments related services. At no one time have they failed me, and they have always been on time, making them one of our top reliable business partners.

Clearsky network
Payments Team
Clearsky Network
01
02
03
/ 04

How Do I Get Started?

Say Hi

Say hi

Meet our amazing team, share a few details about your business, and leave us your contact info.

Get on Board

Get on board

An account executive will guide you through the onboarding process for your

Payset IBAN account

, which is quick and easy to set up.

Enjoy using it

Enjoy using it

Log in to your account to manage your funds 24/7 and enjoy the low fees and fast execution of your Payset IBAN account.

get started

Multi-currency IBAN FAQ's

What is a multi-currency business account?

A multi-currency business account is a dedicated IBAN that allows you to hold multiple currencies at the same time. 

This can be helpful if you're travelling or doing business in different countries, as it makes it easy to track your expenses and make transactions in the currency you need. 

Our multi-currency IBANs also offer competitive exchange rates, which can save you money when converting currencies.

What are the benefits of a multi-currency business account?

A multi-currency business account provides numerous benefits, including:

  • Increased flexibility: If you're travelling or doing business in a foreign country, being able to easily access your local currency can save you a lot of inconvenience. With a multi-currency IBAN, you can easily access your money in any currency you need. This can make it easier to do business when working abroad.
  • Protection from exchange rate fluctuations: A multi-currency business account allows you to guard against exchange rate fluctuations. For example if you have an account that offers multiple currencies, and the British pound falls in value against the US dollar, your account balance will still be in pounds. This serves as a great way to protect your savings from adverse market conditions.
  • Streamline complex payment processes: Having a multi-currency business account allows you to pay employees, freelancers, and suppliers in their native currency. This eliminates the need for transfer fees and streamlines your payment processes.

Are transaction limits in place?

No; Payset’s multi-currency business accounts allow for limitless transactions.

How does a multi-currency business account work?

Multi-currency business accounts work by allowing you to hold, send, and receive payments in multiple currencies. 

When you sign up for Payset’s multi-currency business account, you will receive a single IBAN account from which you can send and receive 38 different currencies from the same dashboard, meaning you can pay staff or suppliers, or receive clients funds in their local currency and organize all of your incoming and outgoing payments from a single dashboard.

In addition to storing multiple currencies and making international transactions, you can also manage your expenses and perform currency conversion through our unified online portal.

Can a small business open a multi-currency business account?

Yes. Businesses of any size can open a multi-currency business account. 

What currencies are supported?

Currency

Incoming

Outgoing ***

Conversions

Australia

Australian Dollar (AUD)

SWIFT

SWIFT

Buy/ Sell

Bahrain

Bahrain Dollar (BHD)

SWIFT

SWIFT

Buy/ Sell

Bulgaria

Bulgarian Lev (BGN)

SWIFT/ SEPA

SWIFT/ SEPA

Buy/ Sell

Canada

Canadian Dollar (CAD)

SWIFT/ EFT(local)

SWIFT/ EFT(local)

Buy/ Sell

China

Chinese Yuan (CNY)

SWIFT

SWIFT

Buy/ Sell

Croatia

Croatian Kuna (HRK)

SWIFT

SWIFT

Buy/ Sell

Czech republic

Czech Koruna (CZK)

SWIFT/ CERTIS (local)

SWIFT/ CERTIS (local)

Buy/ Sell

Denmark

Danish Krone (DKK)

SWIFT/ Credit Transfer (local)

SWIFT/ Credit Transfer (local)

Buy/ Sell

Euro

Euro (EUR)

SEPA/ SWIFT

SEPA/ SWIFT

Buy/ Sell

Hong Kong

Hong Kong Dollar (HKD)

SWIFT/ CHATS (local)

SWIFT/ CHATS (local)

Buy/ Sell

Hungary

Hungarian Forint (HUF)

SWIFT/ Giro Zrt (local)

SWIFT/ Giro Zrt (local)

Buy/ Sell

India

Indian Rupees (INR) *

Cancel Icon

IMPS (up to INR 200,000)NEFT (over INR 200,000, and for banks not connected to IMPS)

Buy/ Sell

Indonesia

Indonesian Rupees (IDR) *

Cancel Icon

SKN (local)

Buy/ Sell

Israel

Israeli Shekel (ILS)

SWIFT

SWIFT

Buy/ Sell

Japan

Japanese Yen (JPY)

SWIFT

SWIFT

Buy/ Sell

Kenya

Kenyan Shilling (KEN)

SWIFT

SWIFT

Buy/ Sell

Kuwait

Kuwait Dinar (KWD)

SWIFT

SWIFT

Buy/ Sell

Malaysia

Malaysian Ringgit (MYR) *

Cancel Icon

IBG (local)

Buy

Mexico

Mexican Peso (MXN)

SEPA/ SWIFT

SWIFT

Buy/ Sell

Australia

New Zealand Dollar (NZD)

SWIFT

SWIFT

Buy/ Sell

Norway

Norwegian Krone (NOK)

SWIFT/ Credit Transfer (local)

SWIFT/ Credit Transfer (local)

Buy/ Sell

Oman

Omani Rial (OMR)

SWIFT

SWIFT

Buy/ Sell

Philippines

Philippines Peso (PHP) *

Cancel Icon

PESONet (local)

Buy

Republic of poland

Polish Zloty (PLN)

SWIFT/ Elixir

SWIFT/ Elixir

Buy/ Sell

Quatar

Qatar Rial (QAR)

SWIFT/ EFT (local)

SWIFT/ EFT (local)

Buy/ Sell

Romania

Romanian Leu (RON)

SWIFT

SWIFT

Buy/ Sell

Saudi arabia

Saudi Riyal (SAR)

SWIFT

SWIFT

Buy/ Sell

Singapore

Singapore Dollar (SGD)

SWIFT/ FAST (local)

SWIFT/ FAST (local)

Buy/ Sell

Sweden

Swedish Krona (SEK)

SWIFT/ Direct Debit (local)

SWIFT/ Direct Debit (local)

Buy/ Sell

Switzerland

Swiss Franc (CHF)

SWIFT

SWIFT

Buy/ Sell

Thailand

Thai Baht (THB)

SWIFT

SWIFT

Buy/ Sell

Turkey

Turkish Lira (TRY) ***

SWIFT

SWIFT

Buy/ Sell

United arabe emirates

UAE Dirham (AED)

SWIFT

SWIFT

Buy/ Sell

Uganda

Ugandan Shilling (UGX)

SWIFT

SWIFT

Buy/ Sell

United Kingdom

UK Sterling (GBP)

SWIFT/ CHAPS/ Faster payments

SWIFT/ CHAPS/ Faster payments

Buy/ Sell

United states of america

US Dollar (USD)

SWIFT/ CHIPS/ FedWire/ Fed ACH

SWIFT/ CHIPS/ FedWire/ Fed ACH

Buy/ Sell

Get in touch

Get in touch with a member of our team to learn more about how our multi-currency business accounts can help your enterprise.

contact us