Foreign & multi-currency account
Manage currencies, add recipients and make online business payments with ease
What is a multi-currency account?
Multi-currency accounts are digital wallets that can hold a range of different currencies. All of Moneycorp’s business clients are provided with a multi-currency account, and are thus able to store more than 120 different currencies.
Multi-currency accounts are a fantastic innovation; rather than having to use several bank accounts for various currencies, you can hold all of your currencies in one place, in addition to making and receiving payments from one convenient location.
With Moneycorp, you have the ability to exchange 33 currencies online or 120+ over the phone from your multi-currency business account with the help of one of our specialists.
Discover Moneycorp Online
Dive into our walkthrough to discover features for our online payments platform.
Make payments and manage your account 24/7
Enjoy access to 16 liquidity providers
Trade up to 33 currencies online and 120+ over the phone
Set an alert for your preferred exchange rate
Why choose Moneycorp?
There are several features that make our multi-currency bank account indispensable. Our account allows you to view all of your balances in an instant, and you have the option of accessing this on desktop or a mobile device, meaning that you have easy, on-the-go access.
You can view currency pairs, live rates widget and live charts; our multi-currency online bank account even allows you to see live rates when making exchanges. It’s easy to add new beneficiaries; there’s a beneficiary validation tool to ensure that the correct details have been added, and you can send multiple payments in the same flow. You also have the option of downloading a statement of all of your transactions.
With our multi-currency account, you have FX data and your payments all together in one place.
It’s easy to access and set up, and switching accounts is very straightforward; users can switch between primary and sub accounts in an instant.
View live exchange rates and target a preferred rate
Track live exchange rates from your multi-currency account and remain aware of any market movements before making your payments. You can even target a more preferential rate and receive a notification via email and/or SMS if it is reached.
Buy currency and make payments
Add funds to your multi-currency bank account, exchange up to 33 different currencies online and make payments to new and existing recipients around the clock.
Manage users and approval workflows
Manage the users and set up approval workflows in order to facilitate smooth and seamless payments from your multi-currency business account.
Multi currency account FAQs
Which currencies can I hold in my Moneycorp account?
Your multi-currency business account can hold over 120 different currencies and allow you to make payments to 190 countries around the world. Ideal for companies after a USD or EUR business account, you can make online payments in 33 currencies or work with one of our specialists over the phone to send 120+ different currencies.
How can I make a payment from my account?
In order to make a payment from your multi-currency business account, you simply need to navigate to the ‘Send a payment’ option on your desktop or mobile device and select a recipient (as has been mentioned, there is a beneficiary validation tool that ensures that the correct details have been added).
It’s then just a question of specifying the amount of money that you’d like to pay, your payment date, delivery method and reference.
Read more about our business solutions
*Forward Contracts may or may not require a deposit dependent upon your facility agreement.
**Our team of experienced currency risk management specialists are approved by the FCA for investment business. Following an initial assessment of your risk-appetite and investment objectives they can formulate and illustrate a bespoke solution for you to consider. Please note that Option related products are regulated investment products which can carry a higher level of risk than Forward Contracts.
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None of the information contained in this website constitutes, nor should be construed as financial advice.
Indicative rates are displayed on our website. We use interbank rates as a reference, and these rates should only be used as a guide.
Moneycorp is a trading name of TTT Moneycorp Limited, a company registered in England under registration number 738837. Its registered office address is at Floor 5, Zig Zag Building, 70 Victoria Street, London SW1E 6SQ and it is VAT registration number is 897 3934 54. TTT Moneycorp Limited is authorised by the Financial Conduct Authority under the Payment Service Regulation 2017 (firm reference number 308919) for the provision of payment services.
Moneycorp FRM is a trading name of Moneycorp Financial Risk Management Limited which is authorised and regulated by the Financial Conduct Authority for the provision of designated investment business (firm reference number 452443).
Travel money services are provided by Moneycorp CFX Limited. Moneycorp CFX limited is a company registered in England under registration number 4780562. It is registered office address is at Floor 5, Zig Zag Building , 70 Victoria Street, London, SW1E 6SQ and its VAT registration number is 897 393454.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Explorer™️ Card is issued by Prepay Technologies Ltd (PPS), with its registered office at Floor 6, 3 Sheldon Square, London W2 6HY UK. PPS is authorised and regulated by the UK Financial Conduct Authority for the issuance of e-money with firm reference number 900010.
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