Multi-Currency Accounts

Enable global commerce with multi-currency wallets, local account numbers, and seamless FX. Hold, send, and receive funds in 50+ currencies.

Global Currency Management

VectorOne's multi-currency infrastructure enables platforms to offer customers the ability to hold, convert, and transact in multiple currencies from a single account. Provide local IBANs, account numbers, and routing details for receiving payments like a local business in each market.

Ideal for global marketplaces, international businesses, freelance platforms, and any service requiring cross-border payment capabilities. Eliminate the complexity of managing multiple bank accounts across jurisdictions.

Core Capabilities

Multi-Currency Wallets

Hold balances in 50+ currencies within a single account. Real-time balance tracking and unified ledger management across all currencies.

Local Account Numbers

Receive payments with local IBANs (Europe), account numbers (US, UK, Australia), and routing details for each supported currency.

Foreign Exchange (FX)

Convert between currencies at competitive rates with transparent pricing. Real-time FX rates and instant conversions via API.

Cross-Border Transfers

Send and receive international payments using the optimal payment rail for each currency corridor with reduced costs and faster settlement.

Unified Ledger

Single source of truth for all currency balances, transactions, and conversions with multi-currency accounting and reconciliation.

API-First Access

Programmatic currency management, balance queries, conversions, and transfers via modern REST APIs with webhook notifications.

Supported Currencies

Major Currencies

USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD, SEK, NOK, DKK

Asian Currencies

SGD, HKD, CNY, INR, KRW, THB, MYR, IDR, PHP, TWD

Emerging Markets

MXN, BRL, ARS, CLP, ZAR, TRY, PLN, CZK, HUF, RON

Middle East & Africa

AED, SAR, ILS, EGP, NGN, KES, GHS, and more

50+ currencies supported with continuous expansion to new markets

Key Features

Real-Time FX Rates

Access competitive foreign exchange rates updated in real-time. Transparent pricing with no hidden markup fees.

Instant Conversions

Convert between currencies instantly with no settlement delays. Automated hedging and rate locking available.

Local Receiving Details

Provide customers with local bank details for each currency to receive payments without international transfer fees.

Compliance Built-In

Automated sanctions screening, KYC/AML checks, and regulatory reporting for cross-border transactions.

Multi-Currency Ledger

Unified ledger system tracking all balances, conversions, and transactions across currencies with double-entry accounting.

Automated Reconciliation

Automatic matching of inbound and outbound transactions across all currencies with detailed reporting.

How It Works

1. Create Multi-Currency Account

Open a multi-currency account for your customers via API. Automatically provision local receiving details for each currency.

2. Receive Global Payments

Customers receive payments in any supported currency using their local account details. Funds are automatically credited to their wallet.

3. Convert Currencies

Convert between currencies instantly via API at competitive rates. Set up automated conversions based on business rules.

4. Send International Payments

Initiate cross-border transfers from any currency wallet. VectorOne handles routing through optimal payment rails.

Use Cases

Global Marketplaces

Enable sellers to receive payments in their local currency while buyers pay in theirs. Reduce FX friction and increase conversion.

Freelance Platforms

Pay international contractors and freelancers in their preferred currency. Reduce costs and simplify cross-border payments.

E-Commerce Businesses

Accept payments from customers worldwide and hold revenue in multiple currencies to optimize FX exposure.

International Payroll

Pay employees and contractors across multiple countries in their local currency with reduced costs and complexity.

Cross-Border Lending

Facilitate multi-currency loans and repayments for international lending platforms with automatic currency handling.

Travel & Hospitality

Provide travelers with multi-currency accounts to spend in local currencies abroad without exchange fees.

Compliance & Security

All multi-currency accounts are provided through VectorOne's licensed banking partners with full regulatory compliance. Currency holdings are protected and segregated according to banking regulations in each jurisdiction.

Important: VectorOne is not a bank. Multi-currency account services are provided through our licensed banking partners.

Ready to Go Global with Multi-Currency?

Discuss your multi-currency and cross-border payment needs with our team

Request a Partnership Call