Collection Accounts
You can reduce costs and gain more control when you receive your currencies.
How collection accounts can help you
Opening currency accounts with high street banks can be an extremely difficult process. Some banks require you to have a business registered in a specific country in order to obtain a currency account. Through our liquidity partners, we can offer your business the ability to receive multiple currencies in order to reduce costs. If required, you can also utilise virtual IBANs which is currency account named in your company’s registered name.
Reduce costs
Reduce hidden costs and prevent currencies from being exchanged automatically by having collection accounts.
Dedicated specialists
You will have a dedicated account manager that comes with tons of experience. We will help you every step of the way.
Secure transfers
All client funds are safeguarded by our FCA-regulated e-money partners at a credit institution.
Have more visibility
When receiving multiple currencies, you can view balances and decide when your currencies need to be exchanged.
How it works
Register for free
Register for a free account by completing our online form. It will only take a minute
Secure exchange rate
Once your account is set-up, agree an exchange rate with us by phone, email or online.
Deposit funds
Once we’ve your exchanged your currency, you’ll need to deposit your funds at a credit institution with one of our FCA-regulated Partners.
Send your payment
As soon as your funds are received, payments can be made to your desired beneficiary.