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Business Accounts · Exporters
Local Business Accounts for exporters
Exporters use Unicorn Currencies Local Business Accounts to give customers and partners familiar local receiving details in GBP, EUR, USD, and AED, hold available balances, reconcile receipts against invoices, and convert or pay through Unicorn Currencies when needed. Accounts are provided as named local collection accounts — not bank accounts — subject to onboarding, approval, currency availability, payment purpose, jurisdiction, and ongoing compliance review.
Local Business Accounts are provided as named local collection accounts. They are not bank accounts and are issued subject to onboarding, approval, currency availability, payment purpose, jurisdiction, and ongoing compliance review.
Who it is for
Local Business Accounts suit approved businesses that need clearer local receiving details, currency separation, and reconciliation support through Unicorn Currencies.
- UK, European, US, and UAE exporters receiving international customer payments
- Manufacturers and traders that invoice in major trade currencies
- Finance teams that need cleaner payer recognition and currency-separated records
- Businesses that may start with pooled collection and add local details where approved
How it works
Exporter workflows typically start with approved collection — pooled or through currency-specific Local Business Account details — then hold, convert, or pay onward through Unicorn Currencies with references tied to invoices and customers.
Select currencies
Choose the currency or currencies your business needs to receive in.
Account details issued
Local account details are issued where approved for your business.
Receive funds locally
Inbound funds arrive in the currency of the Local Business Account.
Hold, convert, or pay
Hold available balances, convert FX, or pay suppliers through Unicorn Currencies.
Pooled collection vs Local Business Account
Pooled collection is included as standard. A Local Business Account adds named local collection details where payer recognition or currency-specific receiving matters.
Pooled collection
- Included
- Matched by reference and payer context
- Suitable for simple collection and reconciliation
Local Business Account
- Paid Local Business Account
- Issued in the business name where approved
- Suitable where payer recognition, local details, or currency-specific receiving matters
Compliance and approval
Local Business Accounts are not automatically issued. Approval depends on business profile, jurisdiction, payment purpose, expected activity, supported currencies, screening results, and ongoing compliance review.
Local Business Accounts are provided as named local collection accounts. They are not bank accounts and are issued subject to onboarding, approval, currency availability, payment purpose, jurisdiction, and ongoing compliance review.
Local Business Account pricing
Published from-pricing for Local Business Accounts is shown on the Business Accounts page for low-risk approved business profiles.
Local Business Account pricing shown on the Business Accounts page is for low-risk approved business profiles. Final Local Business Account pricing may vary based on business activity, jurisdiction, payment purpose, expected volumes, currencies, counterparties, and ongoing compliance review. Pricing is confirmed before account activation.
Exporters FAQ
A Unicorn Currencies Local Business Account gives an approved business local account details for receiving funds in a specific currency. It is provided as a named local collection account, matched to the business, and used for receiving, holding available balances, conversion, and supplier payouts through Unicorn Currencies.
Related Business Accounts pages
To check fit for your business, talk to treasury.