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Finance insights for SME’s

Local foreign dollar currency account | amnis

Money transfer International business · 4 min read

Foreign dollar currency account: just like a local one!

Sabrina Maly 26 November 2025

Companies that often transfer money to the US or receive US dollars usually open a foreign dollar currency account with their bank in order to avoid expensive foreign exchange fees. In this article we go one step further und show how you can avoid high transaction costs like SWIFT with a local business account.

Editor’s choice

Money transfer International business 4 min read

Foreign dollar currency account: just like a local one!

Companies that often transfer money to the US or receive US dollars usually open a foreign dollar currency account with their bank in order to avoid expensive foreign exchange fees.

Sabrina Maly

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Anyone working with accounting or financial statements will sooner or later come across the concept of prepaid expenses — the timing difference between payment and the delivery of goods or services.

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A guide to business debit cards: How can you get one for your business?

Nowadays businesses have a lot of options on how to get a business debit card.

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What is a FX spot transaction?

The foreign exchange (FX) spot transaction is the simplest form of a currency exchange. It is used when a buyer and a seller wish to execute a transaction against immediate cash and delivery at the current market value (“on the spot”).

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Digital business accounts offer more than traditional banks — they expand the range of services while reducing costs, creating new opportunities especially for SMEs.

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“Same ambition as Revolut, a different mission – empowering enterprises instead of consumers.”

amnis was selected to join Mastercard’s global Start Path – Emerging Fintech program, a milestone that marks its growing influence in the European fintech landscape.

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