bank account alternative

Multi-Currency Dedicated Account B2B/B2C/C2B Low, Medium & High-Risk Industries Low fees & Quick Setup

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Do it all with payset

Send & receive funds both locally and internationally with your dedicated IBAN account.

Collect payments in your clients’ currencies

Manage your cross border cash flow with our innovative multi-currency wallet, which enables you to maintain and distribute funds in up to 34 currencies.

Save massive money on the FX

Buy from suppliers around the world without wasting money on currency exchange

Pay staff in multiple countries

Pay staff in their chosen currency in up to 38 different countries around the world for low to zero fees

Join Payset – the next generation payment technology

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I can’t recommend getting a multi-currency account from Payset enough. Really. It something we struggled with with our previous banking provider forever. The amount of time it saves not moving money from here to there is worth it on its own let alone the savings.

Agnes Melancon
Accountant at Geddes Foods
/ 01

We used to have the hardest time managing our international payments since we have staff in 16 countries and clients in 30+. It’s really been amazing how much easier it’s been since we got an IBAN account with Payset. The team there has been amazing as well.

Karl Bellin
CFO at Melbury Marketing
/ 02

Payset has been crucial for us in growing our business this last year and a half. We’ve been expanding out of the Eurozone and needing to use more currencies as well as payment networks. Not having to wait on SWIFT payments through the bank and being able make local payments has saved so much time and money.

Anna Markel
Founder at Bruck Consultancy
/ 03

The customer service at Payset is really excellent. I did have an issue with the first couple transfers I tried but they sorted it out for me and I haven’t had any issues since. It’s a really great company.

Nevo Avital
Vendor at Kombara
/ 04

Having an IBAN account at Payset has probably done more for our business than any other choice we made this year. It’s saved so many headaches for our accounting and sales teams.

Fariz Demir
Head of Sales at Aslan Design
/ 05

Why choose us?

Transfer funds

Transfer funds to a beneficiary bank account anywhere in the world.

conversion fees

No margins added to exchange rates.  Fees are clearly displayed during each conversion.


Make instant free payments to/from other Payset clients.


Hold, send, and receive funds in 33 currencies to minimize conversion fees.

payment networks

SWIFT, SEPA, Target2, Faster Payments, CHAPS, and more.

and reliable

We store your funds in a segregated client account in one of Europe's leading credit institutions.

Personal account manager

When you signup with us, you get to know us on a personal level, with your dedicated account manager

Clear and easy to use interface

What companies would benefit from a multi-currency account?

Global payroll

  • Pay staff with low to no fees
  • Make payments in 38 currencies
  • Ensure tax and regulatory compliance


  • Accept payments in 34 currencies
  • Easily withdraw to your bank account
  • Send free transfers to/from Payset accounts


  • Get paid in 34 different currencies
  • Pay less fees on money transfers
  • Easily transfer funds to your bank

Affiliate programs

  • Pay partners in their chosen currency
  • Track all payouts from one dashboard
  • Enjoy excellent reporting features


  • Operate globally in up to 38 currencies
  • Send/receive international and local payments
  • Manage all payments from one dashboard


  • Collect global payments in your own currency
  • Reach more clients in more regions
  • Easily manage payments from multiple marketplaces


  • Make quick cross-border payments
  • Pay staff and suppliers via several payment networks
  • Pay and get paid in numerous currencies

Getting started is easy

Say hi

Share a few details about your business and leave us your contact info.

Get on board

An account executive will guide you through the on-boarding process, which is quick and simple.

Enjoy using it

Log-in to your account to manage your funds 24/7 and enjoy low fees and fast execution.

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asked questions

What is a multicurrency account/IBAN?

A Payset multicurrency account (also known as an IBAN: International Bank Account Number) allows you to receive money in up to 34 currencies and send money in 38 currencies from within a single account. You can hold, deposit, or withdraw funds, or convert between them from within your account at a very affordable rate.

  • From your multicurrency account you can add or withdraw funds to and from your traditional bank account for a small fee.
  • You can also instantly send and receive money from other Payset account holders for free.
  • Depending on your region, you can also spend the currencies directly from your Payset account using a diverse range of payment networks (SWIFT, SEPA, TARGET2, Faster Payments, CHAPS, and more.)
Are there limits on the amount of money I can send and receive?

No, there are no transaction limits on Payset multi-currency accounts.

Which currencies can I send and receive in my account?

Payset allows you to receive payments in 34 currencies. You can send payments from your account in 38 currencies. For more details check our payment guide.

How do I add money to my account?

You can add money to one of your Payset currency balances in one of three ways:

  • Provide the account information to any person or company to pay you funds into the account from any bank account in the world.
  • Send money to your account from another one of your accounts in another financial institution.
  • Ask another Payset user to send you funds internally.
How do I send money from my account?

Once you have opened your verified IBAN account and added money to a balance, transferring funds is simple.

Simply login into your account and add a beneficiary, then simply “make a transfer” in your preferred currency to that beneficiary.


Pay Set Limited, an authorized electronic money institution FCA reference number 900920, incorporated under the laws of England and Wales