Call 0044 20 3286 3929
0 Items
Extra Direct
  • Home
  • Apply Here
  • Business Accounts
  • MSBs
  • Non UK Residents
  • Gambling
  • Contact
Select Page

How can I Open a Multi Currency Business Bank Account?

by admin | Jul 26, 2019 | Business Bank Account, Non UK Residents | 0 comments

With more International trade being transacted, the need for a multi currency business bank account is increasing on a daily basis.

The problem for some business owners is how can they open a multi currency business bank account.

Although the main high street banks may offer a multi currency account, it is not always possible to obtain one.

With a very high rejection rate, opening a high street business bank account can be very difficult.

Also, even if you can, often their charges for International payments can be quite high.

So what options are available if we need to open a multi currency business bank account?

Generally speaking when discussing ‘multi currency’ that generally means a GBP, Euro and USD facility.

Lesser traded currencies may be an option but these are the most common used ones.

Well thankfully there are a number of potential options that could be available to you.

With increasing demand we have a number of FCA regulated online business account providers that will offer a multi currency option.

They will almost certainly all vary slightly but in essence offer direct payments to and from your account.

With the GBP facility you can expect to get a UK sort-code and account number.

For your currency accounts you will receive an IBAN to make and receive your payments.

What are the main benefits of opening a multi currency business bank account?

The key benefit will be that you can do all of your International transactions in one place.

This makes it not just easier but often far quicker too.

The other feature is the foreign exchange (FX) rates are often far better with an online provider.

This means you will often be able to buy more foreign currency and therefor save money.

It is well documented that the high street banks can charge considerably more to transact, which is why these options are very popular.

No UK or Branch visit required!

With an online multi currency business bank account there is never a requirement to present yourself in person.

This makes the application process very easy, especially if you are a Non UK resident.

With online and mobile business banking, it offers almost everything you would expect from a traditional bank.

Need more information on how to open a multi currency business bank account?

Contact us on 020 3286 3929 (+44 02 32 86 39 29 from abroad) or Apply Online by Clicking Here

multi currency business bank account.

 

 

 

Submit a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Business Bank Accounts for Bankrupts, what are my options?
  • Can I Open a cbd business account?
  • UK Business bank account for a Chinese resident
  • How to open a UK Business Bank Account
  • CBD business bank account

Recent Comments

  • harry singh on CBD business bank account
  • Ryan on Can I Open a Bank Account for CBD Oil Company?
  • admin on CBD business bank account
  • Kate Bennett on CBD business bank account
  • admin on Are there any banks that accept a CBD business?

Archives

  • November 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019

Categories

  • Adverse Credit
  • Amazon
  • Bank Accounts for Gambling businesses
  • Bankrupt
  • bureau de change
  • Business Bank Account
  • CBD oil
  • County Court Judgement
  • Crypto Currency
  • Free business bank account
  • High Risk business activity
  • IVA
  • Money transfer
  • MSB Business Accounts
  • Non UK Residents
  • Registering UK company
  • Sole trader
  • Uncategorized
  • VAT

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Home
  • Contact
  • FAQs
  • Document Upload
  • Non Resident UK Business Accounts
  • UK Bank Account for Foreigners
  • +44 (0)20 3286 3929
  • Company number 09942049
  • Terms Conditions
  • Privacy
  • Resources

Designed by Elegant Themes | Powered by WordPress