Multi-currency Accounts
Multi-currency accounts let you hold and manage different currencies in one account. It’s like having multiple bank accounts for different currencies, but all in one place. This helps you avoid frequent conversions and saves on fees when making international transactions.
Questions? We're here to help.
Multi-currency account advantages
How it works
Hold funds in all major currencies
1
Create your free account online through Monetae
Easy to manage online yourself
2
Deposit your funds into your different currency pots
Send, receive, convert 24/7
3
Deposit your funds into your different currency pots
Reduce conversion fees
Questions? We're here to help.
What is a multi-currency account?
A multi-currency account allows you to hold, send, and receive different currencies in one account, making it easier to manage international payments without the need for constant conversions. Monetae offers multi-currency accounts to simplify your global transactions.
What are the benefits of a multi-currency account?
Multi-currency accounts help you avoid multiple conversion fees by letting you hold funds in the currency of your choice. This allows your business to receive payments in foreign currencies and make international transactions without immediate conversions.
What's the difference between a multi-currency account and a standard bank account?
A standard bank account usually deals in one currency, while a multi-currency account allows you to hold and manage multiple currencies. This gives you more flexibility with international transactions, saving time and reducing costs associated with conversions.
Why would I need a multi-currency account?
If your business frequently deals with foreign clients or suppliers, a multi-currency account can help you avoid exchange rate fluctuations and reduce conversion costs. It’s especially useful for businesses managing transactions in multiple currencies regularly, offering better control over when and how to exchange currencies.
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