Multi-currency account for exporters and importers
In the import and export business, foreign exchange is paramount. If you’re moving money back and forth across international borders, a cost-efficient, secure FX solution can make or break your business.
Payset can help turn your import/export business into a tight ship. Here’s how.
Challenges for importers/exporters:
Sending and receiving payments in numerous currencies via local and international payment methods
Finding a cost effective, secure, and fast foreign exchange solution
Managing fraud and risk with a trusted banking partner
Paying staff and operational expenses in numerous regions and currencies
Payset can help you:
Address your unique business challenges by providing a dedicated account manager
Pay and get paid in multiple currencies, anywhere in the world
Save time and money with low-fee foreign exchange
Easily transfer funds to your traditional bank account
Pay staff, contractors, and suppliers via local or international payment methods
Manage your expenses and outgoing and incoming payments from a single dashboard
Prevent scams and fraud by using our advanced fraud prevention tools
Make free/instant payments to and from other Payset account holders
How does import/export banking work?
A multi-currency account is the perfect banking solution for importers and exporters because it provides the ability to handle multiple currencies, access affordable currency exchange and send and receive payments across borders in the desired currency of your clients, suppliers and partners. A Payset multi-currency account allows you to send and receive money in up to 38 currencies and hold separate balances of currencies like Euros, USD, GBP, and more, all controlled from a single dashboard.
What are bank charges for exporting?
An export transaction involves any instance where an account holder sells goods or services to a buyer located in a foreign country. Payset can facilitate such transactions by providing access to multiple currencies and payment networks ensuring an affordable and efficient payment method regardless of the currency pair.
How can Payset help ease cash flow and manage risk for importers/exporters?
Payset provides the perfect solution for importers and exporters because we facilitate frictionless payments around the world and exchange between 38 different currencies. We help importers and exporters manage cash flow in all our supported currencies from a single dashboard. This reduces the risk of missed payment deadlines, lost profit margins on exchange, lost clients due to not being able to transact in their region, and more.