Multi-Currency Wallets
What this capability does inside your payment flow.
Hold GBP, USD, EUR, AED and 20+ other currencies in separate wallets, each with unique banking details (IBAN, SWIFT, Sort Code). clear conversions between currencies with real-time balance tracking and no monthly fees. Use it to reduce payment ambiguity, improve control before money moves, and keep proof, timing, and supplier context closer to the payment decision.
How it works in the payment workflow
Open Currency Wallets
Activate any of 20+ currency wallets with one click. Each wallet gets unique banking details—your own IBAN, account number, or routing details for that currency.
Receive Payments
Share your wallet details with customers. They pay you in their local currency (EUR, USD, etc.) directly into your wallet. No conversion loss on receipt.
Hold or Convert
Hold funds in any currency until rates are favorable. Convert between wallets clearly at 0.5% spread when you choose.
Pay Suppliers
Pay suppliers directly from the matching currency wallet. No FX needed if you hold their currency—zero spread on same-currency payments.
What it should remove
Where it matters
Import/Export Currency Matching
You export to the EU (receive EUR) and import from China (pay CNY). Hold EUR until favorable CNY rate, then convert. No double conversion loss.
Multi-Region Supplier Network
Pay suppliers in India (INR), Turkey (TRY), and Vietnam (VND). Hold each currency and pay directly—no conversion needed for routine payments.
Customer Payment Collection
US customer pays your USD wallet directly. No 3% bank conversion on receipt. Convert to GBP when rates suit you.
Operational difference
| Aspect | Unicorn Currencies | Traditional Banks |
|---|---|---|
| Currencies | 20+ with unique details each | Limited multi-currency |
| Monthly Fees | £0 | £20-50/currency |
| Conversion Speed | clear | 1-2 business days |
| Minimum Balance | None | Often required |
Need this capability inside your payment flow?
If this is tied to a supplier payment, proof trail, FX decision, or control issue, talk to treasury before the payment becomes harder to manage.
For businesses with $1M+ annual FX volume. Not consumer transfers.