Which of the five accounts can we hold?

Any of them. GBP, EUR, USD, AED and CAD are all available to approved businesses wherever incorporated. Slovak businesses can hold the EUR account alongside the other approved capabilities and receive domestic credits in their own business name. AED supports domestic payments only.

Where can we pay out to?

Local rails across the five markets, plus SWIFT reach: USD SWIFT to 180+ countries, and GBP and EUR over SWIFT anywhere needed, in 1 to 3 days, subject to the prohibited list. Instructions are accepted 24/7 with no cut off. Settlement follows the receiving rail's operating schedule.

What does the corridor above actually cost?

A fixed membership fee, the FX margin shown on your schedule, and one movement fee per movement at the greater of the flat fee or the percentage. Figures in the console are illustrative at Treasury Membership pricing. The calculator models your own volume.

What documents will be requested?

Incorporation and ownership documents at onboarding, then commercial invoices and shipment or contract documents where the payment purpose requires them. The desk tells you what is needed and why, before a payment is held.

SKSLOVAKIA · INCORPORATED HERE, BANKING WHERE YOUR BUYERS ARE

Get paid as a local in five markets, from Slovakia.

Slovak exporters typically invoice in EUR, GBP, USD. Collect those as domestic credits in your own business name, convert at a pre agreed margin, and pay suppliers on local rails or SWIFT. Subject to approval.

Apply to onboard Compliance and pricing pack →

MANUFACTURINGFOOD AND BEVERAGEFREIGHTCOMMODITIES

ONE CORRIDOR, RECEIPT TO PROOFCYCLING CORRIDORS ▍

01 LOCAL RECEIPTEUR 220,000.00SEPA · SEPA INSTANTYour European buyer pays a domestic credit. Nothing crosses a border, so nothing is lifted in transit.

02 CREDITEDINSTANTEUR BALANCE · IN YOUR NAMEReconciled against payer name and invoice reference on your statement.

03 CONVERTEDEUR→GBPPRE AGREED MARGIN · DEAL REFRate and margin agreed before you instruct. No rate is applied after the fact.

04 SUPPLIER PAIDINSTANTFASTER PAYMENTS · CHAPSOn the destination market's own rail, or SWIFT where no local rail exists.

05 PROOFUC-88301MT103 OR RAIL REFERENCEProduced on settlement, and by a named specialist on request.

WHAT THE ROUTE COSTS

A correspondent chain deducts at each hop and your supplier is short paid. A local receipt has one agreed margin and one movement fee, both priced before you instruct.

ILLUSTRATIVE ON EUR 220,000.00. CORRESPONDENT FIGURES ARE TYPICAL MARKET DEDUCTIONS, NOT A QUOTE. YOUR SIGNED SCHEDULE GOVERNS.

CORRESPONDENT WIREEUR 4,955.00

SPREAD 2.20% · SENDING FEE 45 · TWO CORRESPONDENT DEDUCTIONS 50 · BENEFICIARY FEE 20

UNICORN CURRENCIESEUR 330.00

FX MARGIN 0.10% ON CORE PAIRS AT TREASURY MEMBERSHIP · ONE MOVEMENT FEE, FROM GBP 5 OR 0.05% · NO DEDUCTION IN TRANSIT

CORRESPONDENT WIRE · SUPPLIER RECEIVESEUR 215,045.00SHORT PAID

UNICORN CURRENCIES · SUPPLIER RECEIVESEUR 219,670.00AS INSTRUCTED

Five markets in, five markets out, plus SWIFT reach.

ALL FIVE ARE AVAILABLE TO APPROVED BUSINESSES WHEREVER INCORPORATED. EUR IS ONE OF THE FIVE ACCOUNT CAPABILITIES.

GBPUNITED KINGDOM

INFASTER PAYMENTS · CHAPS

DETAILS ISSUEDSort code and account number in your business name.

INSTANTFROM GBP 5 OR 0.05%

EURSEPA AREA

INSEPA · SEPA INSTANT

DETAILS ISSUEDA EUR IBAN in your business name.

INSTANTFROM EUR 5 OR 0.05%

USDUNITED STATES

INACH · FEDWIRE

DETAILS ISSUEDUS routing and account details in your business name.

SAME DAYFROM USD 35 OR 0.05%

AEDUAE · DOMESTIC

INUAEFTS · IPP

DETAILS ISSUEDA local AED IBAN in your business name. Domestic payments only.

INSTANTFROM AED 20 OR 0.08%

CADCANADA

INEFT · WIRE

DETAILS ISSUEDCanadian account details in your business name.

MINUTESAT COST

SWIFT REACH · USD TO 180+ COUNTRIES · GBP AND EUR ANYWHERE NEEDED1 TO 3 DAYS · FROM USD 35 OR 0.05% · SUBJECT TO THE PROHIBITED LIST

WHAT THE ACCOUNT ACCEPTS

Told here, not after a payment is held.

Read the compliance pack →REGULATED PAYMENT BUSINESSES MOVING CLIENT FUNDS ARE STRUCTURED SEPARATELY UNDER INSTITUTIONAL MEMBERSHIP.

CLEARS

Trade receipts from your European, UK and US customers for goods or services you invoiced

CLEARS

Same entity funding from your own overseas accounts, where documented

CLEARS

Settlement carrying an invoice, contract or shipment reference

CLEARS

Payments from counterparties disclosed at onboarding

STOPS

Personal transfers, or payments from individuals unrelated to the trade

STOPS

Cash deposits of any kind

STOPS

Client money held on behalf of third parties, or undeclared third party flows

STOPS

Receipts with no commercial purpose or supporting documentation

EVERY RECEIPT CARRIES PAYER NAME AND REFERENCE INTO YOUR STATEMENT.

Movement fees are the same on every plan. The margin is not.

Model your volume →

BUSINESSUSD 100 / MOCORE FX 0.50%Shared desk. USD 1,000 billed annually.Learn more →

BUSINESS PLUSUSD 300 / MOCORE FX 0.25%Priority queue. USD 3,000 billed annually.Learn more →

TREASURYUSD 500 / MOCORE FX 0.10% · AED 0.15%Named specialist owns your exceptions. USD 5,000 billed annually.Learn more →

INSTITUTIONALBESPOKEAGREED SCHEDULEBanks, MSBs, remittance and FX firms and CFD brokers moving client flows.Talk to Treasury →

Onboarding from Slovakia, honestly stated.

18 JURISDICTIONS ARE PROHIBITED SITE WIDE. SLOVAKIA IS NOT ONE OF THEM.

01DAY 1

Application and corridorAccounts, expected volume, currency pairs, counterparties and payment purpose.

02DAY 1 TO 3

DocumentsIncorporation, registers, beneficial owners, and invoices for the flows you declare.

03DAY 3 TO 7

Review and pricingIndustry and jurisdiction review, then a schedule issued against your real flow.

04ON APPROVAL

Accounts issuedApproved capabilities issued in your business name, with a named contact at the desk.

TIMINGS ARE INDICATIVE AND DEPEND ON HOW QUICKLY DOCUMENTS ARRIVE. THE DESK TELLS YOU WHAT IS NEEDED AND WHY, BEFORE A PAYMENT IS HELD.

SLOVAKIA QUESTIONS

Yes, subject to approval. Slovakia is an accepted jurisdiction of incorporation. Eligibility is assessed on industry, payment purpose, volume, currency pairs, counterparties and documentation, not on where you are registered.

OTHER COUNTRIES

All countries →

AUSTRIA BELGIUM BULGARIA CROATIA CYPRUS CZECHIA DENMARK ESTONIA FINLAND FRANCE GERMANY GREECE

Take Slovakia into the application.

One structured application covering accounts, volume, corridors and payment purpose. Or send the desk your corridor and we will price it before you commit.

Start the application Talk to Treasury →