You receive virtual IBAN accounts to collect and send EUR and GBP locally in your own name. This means, for example, that you can provide your customers with a real GB-IBAN for local GBP transactions. This setup brings significant cost advantages for you and your customers and accelerates payment execution, which is possible instantly via SEPA Instant Credit Transfers and UK Faster Payments (24/7).
You get virtual, domestic account numbers in your company’s name for local USD and CAD collection, so that you can manage your foreign currency funds like a local. The foreign currency account also allows you to execute USD and CAD payments via our local payment rails.
One account, many currencies: a multi-currency IBAN account in your company’s name is a clever solution for cross-border money transactions (SWIFT). It comes with one account number that is set up to send and receive 20+ different currencies. This allows you to collect and store different currencies in one place, making account management incredibly easy.
Traditionally, foreign currency accounts come at a high cost and having a domestic account, e.g. with a GB-based IBAN, is nearly impossible for most European companies. Our local accounts in EUR, GBP, USD and CAD and the multicurrency-IBAN for other currencies are 100% free and included in our packages.
The virtual IBAN accounts are issued in your company’s own name, and you have everything centralized, in one place. This makes the payment process clearer for your clients and reduces the risk of administrative errors.
Opening a local bank account abroad typically involves tons of paperwork and long processing times. With amnis, you can have your foreign currency account ready in a few seconds only!