Multi-Currency IBAN account

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.

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Multi-currency IBAN key features

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

Global fund transfer

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

Minimal conversion fees

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

Free instant payments

Enjoy free instant payments to other Payset users.

Currency diversification

Send and receive 34 separate currencies at competitive exchange rates.

Numerous payment networks

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

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 IBAN in 3 easy steps:

1.

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

2.

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

3.

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

Businesses we serve

Global payroll

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

Ecommerce

  • Send and receive payments in 34 currencies
  • Deposit and withdraw funds to your traditional bank account
  • Enjoy free transfers to and from other Payset users

Freelancers

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

Affiliate programs

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

Start-ups

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

Marketplaces

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

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

book a demo

Payset makes cross-border banking easy, affordable, and secure. Speak with one of our experts to explore the benefits of opening a Payset account.

book a demo

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

Asaf and the team
CPADVICE LTD
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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!

Christina Loizou
Accountant at Lytria
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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

Victoria
Payments and Risk Manager, CanadaP LTD
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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.

Payments Team
Clearsky Network
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How do I get started?

Say hi

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

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

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

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Multi-Currency IBAN FAQ

What is a multi-currency IBAN?

A multi-currency IBAN (international bank account number) is a bank account that can take transactions and facilitate payments internationally across different currencies in one account. Our multi-currency IBANs offer competitive exchange rates, which can save you money when converting currencies.

The account is an alphanumeric code that can be used by banks across the world to make overseas payments to. A multi-currency IBAN allows you to seamlessly make overseas payments and receive payments in your own preferred currency.

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

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

  • Increased flexibility: If you’re a business who operates in multiple countries or works with overseas freelancers, having a payment platform that acts as a central platform to send and receive international payments can give you an advantage over your competitors. A multi-currency IBAN is ideal for a multitude of different businesses including start-ups, freelancers, ecommerce sites, and businesses who operate in online marketplaces.
  • Protection from exchange rate fluctuations: A multi-currency IBAN 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: If you’re a business who operates in multiple countries or works with overseas freelancers, having a payment platform that acts as a central platform to send and receive international payments can give you an advantage over your competitors.

What’s the difference between a multi-currency IBAN and a normal business bank account?

The main difference between a normal bank account and a multi-currency IBAN is that an IBAN is able to make and receive payments internationally. When a payment is made to an IBAN account, the funds are received and converted into a chosen currency, likewise when a payment is made the money is converted into the local currency.

Get in touch

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

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